Globalised supply chains saved $103 billion in solar panel production costs
A new study has calculated that the globalised PV module supply chain has saved billions for PV installers in Germany, the US and China. It also found that if strong nationalistic policies that limit the free flow of talent and capital were implemented going forward, solar panel costs would be 20-25% higher by 2030.
Vietnam set to open renewable energy market to PPAs
The Vietnamese government has been working on a scheme to allow bilateral power purchase agreements (PPAs) since 2020. The start of the pilot scheme has been delayed and is now expected for the first quarter of 2023. The official program would launch in 2025.
Renewed calls for renewable energy storage scheme to address firming shortfall
A looming energy storage shortfall has promoted renewed calls from the renewable energy industry for a national renewable energy storage scheme. The scheme would consist of a series of large-scale project tenders designed to unleash desperately needed investment.
China’s solar cell production capacity may reach 600 GW by year-end
The Asia Europe Clean Energy (Solar) Advisory revealed that most of the planned new solar cell production capacity relates to high-efficiency n-type cell technologies such as TOPCon and HJT.
Global installed PV capacity could hit 260 GW in 2022
The International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS) estimates that 173.5 GW of new solar capacity was installed in 2021, and that figure might rise to 260 GW in 2022. pv magazine spoke with the co-chair of the European Solar Manufacturing Council to look into the figures.
Victoria to target 95% renewable energy by 2035
The Victorian government has announced an ambitious target to reach 95% renewables by 2035, to end the state’s reliance on coal generation, and to establish a publicly owned corporation that will see the state hold a controlling stake in new renewable energy projects.
FFI, BP among six companies offered land by WA government to kickstart hydrogen precinct
The Western Australian government has allocated six companies land in the state’s mid-west to develop green hydrogen projects, including Fortescue Future Industries and BP.
Longi eyes green hydrogen market in India
Longi is entering the green hydrogen market in India with new alkaline electrolyser offerings. It also plans to roll out a next-generation Hi-MO solar module later this year.
World has technical potential to host 47.6 PWh of photovoltaic-thermal panels
Scientists from the Central European University in Hungary have estimated the global technical potential of photovoltaic-thermal (PVT) energy production by using a high-resolution geospatial model.
Australian EV market share grows 65% in 2022
The demand for electric vehicles in Australia increased by 65% in 2022, reaching 3.39% market share of total new car sales, according to the Electric Vehicle Council’s latest report. Tesla continues to be the dominant brand, with New South Wales and Australia Capital Territory governments topping the charts on policy leadership.
