World

PV module demand expected to reach 125.5 GW in 2019, TrendForce

According to the Taiwanese market research company, PV module demand will increase by 16% over 2018 shipments. TrendForce also believes this growth trend will continue in 2020.

Global renewables investment fell in the first half of this year

While Spain, Sweden, Ukraine and Brazil attracted more funds than last year, China’s transition to an auction-based procurement system and slow performance overall in Europe saw worldwide backing decrease. BloombergNEF does expect investments to ramp up in the second half, however.

Large clusters of solar power stations

In the last of a series of blogs, solar pioneer Philip Wolfe looks at areas where solar generating stations are clustered together, without the coordination afforded by organised solar parks.

ABB exits solar inverter business

This Swiss giant is following a trend as large multinational high-tech companies see their role as redesigning infrastructure rather than supplying inverters at ever lower margins. Schneider Electric has pulled out of large scale solar, Siemens’ Kaco acquisition and Junelight launch show increasing interest in the C&I and residential markets, and GE is likely to divest its power conversion business due to low profit margins in that sector.

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IHS Markit: Global EPC market grew 34% last year

China’s slowdown in installations last year was more than made up for by expansion elsewhere, according to IHS Markit. The news comes amid increasing market fragmentation – with the biggest engineering, procurement and construction business boasting less than 3% market share – and internationalization, with almost half of the top 15 companies operating across more than one region.

IEEFA Energy Finance 2019: Coal pipeline shrinking, stranded asset risk ballooning, renewables ever cheaper

Coal fleets represent huge financial risk to shareholders and investors write Tim Buckley IEEFA’S Director of Energy Finance Studies, Kate Finlayson the organisation’s Senior Communications Strategist.

‘Turbocharging’ silicon PV: MIT scientists scratch the surface of singlet exciton fission

Scientists at the Massachusetts Institute of Technology have developed a device they say could “turbocharge” a single-junction silicon PV cell, pushing the technology beyond its theoretical limit to efficiencies of 35% and higher.

Octopus Energy Investments picks a side as the global energy investor rebrands as Octopus Renewables

Octopus Energy Investments, the UK’s largest investor in utility scale solar, which set up an office in Melbourne last year, has rebranded itself as Octopus Renewables as the £3 billion (AU$5.3 billion) global fund manager looks to throw its considerable weight behind the global energy transition to renewables.

EY blog warns grid operators ‘the clock is ticking’

The energy transition is accelerating, Ernst & Young global energy leader Benoit Laclau has warned grid operators, thanks to the confluence of digitization, decentralization and decarbonization. Traditional utilities must get with the program or be swept aside.

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Is PERC still bankable?

Light-induced initial degradation in PERC modules is currently a subject of intense discussion, but tests at PI Berlin have shown that the problem is solvable. Founder and CEO Paul Grunow explains the effects, the approach, and the results.

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