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Global solar additions to hit 310 GW in 2024, says IEA

The International Energy Agency (IEA) said in a new report that solar will remain the main source of global renewable capacity expansion in 2023, accounting for 286 GW. In 2024, the figure is set to grow to almost 310 GW, driven by lower module prices, greater uptake of distributed PV systems, and a policy push for large-scale deployment.

Hybridising gravity energy storage with batteries, supercapacitors

Developed by Chinese researchers, the novel hybrid storage technology may achieve an efficiency of over 80% and be applied in distribution and transmission grids. The proposed combination is reportedly able to offer the advantages of gravity energy storage and power-based storage systems in a single solution.

Weekend read: Avoiding PV buyer’s remorse

New entrants to solar equipment procurement may be surprised to encounter constantly amended contract terms, index-linked price rises, and near-worthless defect warranties, but they reflect recent supply chain troubles. Clean Energy Associates’ Martin Deak offers a buyers guide.

Solar leads way with renewables on course to shatter deployment records

Large-scale and rooftop solar installations are expected to contribute a record 286 GW of new generation capacity this year with renewable energy on course to shatter global deployment records in 2023.

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Global investment in clean energy nearly doubles that of fossil fuels

For every dollar invested in fossil fuels, 1.7 dollars are invested in clean technologies. Five years ago, it was a one-to-one ratio, said the International Energy Agency.

‘Huge subsidy fest’: Australia has the critical materials, but can it compete in the manufacturing race?

A global race is underway to capture the manufacturing market for clean energy technologies. While lady lucky has certainly shone on Australia, competition is fierce, experts say.

Agrivoltaics can mitigate effects of drought

A new study by the University of Hohenheim shows that shading from PV systems can improve agricultural yields, especially in dry periods, but additional research is needed.

Energy majors dominate list of world’s leading big PV developers

Wiki-Solar’s latest league table of utility-scale solar project developers shows that only six renewable specialists occupy the top 20 spots.

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Weekend read: the cells of the future

The annual SiliconPV Conference came to TU Delft in the Netherlands in April, and offered an important health check for the science and technology behind solar energy. pv magazine was on site to hear the latest from researchers reaching for higher efficiency through tandem cells and other innovations; looking to understand and mitigate cell degradation mechanisms; and working to cut down solar technology’s consumption of rare and expensive materials.

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Chinese solar exports rose by 64% in 2022, says Wood Mackenzie

China exported 154 GW of PV modules, 24 GW of solar cells, and 41 GW of wafers in 2022. In 2026, annual cell and wafer exports could hit 230 GW and module shipments could reach 149 GW, according to Wood Mackenzie.

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