Rooftop PV is the fourth largest source of electricity generation in Australia, providing about 11% of the country’s power supply, but solar industry analyst SunWiz has cautioned the market to brace for a challenging period.
Perovskites remain a great hope for the future of the solar industry, once the possibilities of tunnel oxide passivated contact (TOPCon) and heterojunction PV have been exhausted. A look at the latest perovskite research shows that industry optimism is built on a strong foundation.
With solar module oversupply triggering a price freefall in 2023 and no recovery in sight, market consolidation, inventory pile-up, technology shifts, and challenges to reshoring PV manufacturing are set to affect all levels of the solar supply chain.
The Chinese manufacturer said the new product has an efficiency of up to 19.46% and a temperature coefficient of -0.30% per C. It is available in bright red, light gray, brown, green, blue-green, orange, and ocean blue.
United States-headquartered module maker SEG Solar has struck a deal for the development and operation of a PV manufacturing facility on the Indonesian island of Java with a production capacity of 5 GW of silicon wafers, 5 GW of solar cells, and 5 GW of PV modules.
The federal government will invest $22.7 billion in its Future Made in Australia initiative over the next decade to maximise the economic and industrial benefits of the international shift to net zero and support Australia to become a renewable energy superpower.
Italian energy giant Enel Green Power says the commissioning of the 93 MW Girgarre Solar Farm in central Victoria is now underway with the power plant expected to be fully operational early next year.
Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis, discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.
Also on the rise: Global solar cell and module manufacturing capacity grew by about 550 GW in 2023; Malaysia launches incentive scheme for residential solar; new solar module recycling process; and more.
The Chinese module manufacturer said the new efficiency record was confirmed by Germany’s Institute for Solar Energy Research (ISFH).
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