BloombergNEF says historically low module prices will drive the global solar industry to record installations in 2023.
From the International Solar Energy Society’s perspective, and the vision of a world with 100% renewable energy for everyone used wisely and efficiently, PV module production should not become an oligopoly and should not be concentrated in one corner of the world.
Tim Buckley, director of Climate Energy Finance, speaks to pv magazine about the current steep trajectory of solar module prices. He estimates that PV panels prices will end up dropping by 40% this year and predicts the closure of old technology and sub-scale solar manufacturing facilities, both in China and globally.
University of New South Wales academic Aihua Wang is the first female recipient of the United Kingdom’s Queen Elizabeth Prize (QEPrize) for Engineering, after sharing the 2023 award with Andrew Blakers, Martin Green, and her husband Jianhua Zhao for their work developing the passivated emitter rear contact (PERC) solar cell. pv magazine caught up with her to ask about the achievement.
Enphase’s new IQ8-3P solar microinverter offers peak power output of up to 480 W.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Australian mining and green energy major Fortescue has revealed plans to establish a new clean energy technology manufacturing plant in the United States as it looks to take advantage of America’s $565 billion (USD 369 billion) Inflation Reduction Act.
Manufacturing capacity has been ramping up so quickly that even impressive installation growth cannot keep pace. Molly Morgan, senior research analyst at UK-based research firm Exawatt, explores the relationship between PV supply and demand and assesses the likelihood of overproduction.
Japan-headquartered renewables developer Bison Energy has signed a supply agreement with tracker manufacturer GameChange Solar that is to underpin the development of five Australian solar projects totaling more than 125 MW.
Former Sun Cable chief executive David Griffin has been appointed to the top job at Australian modular PV array manufacturer 5B where he will oversee the continued rollout of its solar energy solution.
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