Wood Mackenzie forecasts 77 GW of floating solar by 2033
Wood Mackenzie predicts that the global floating solar market will be dominated by the Asia-Pacific (APAC) region and led by India, China and Indonesia through to 2033. The consultancy says growth will be driven by rising demand, decreased capital expenditure and supportive policies.
China export tax rebate cut tipped to send PV prices up
China has reduced the export tax rebate for solar products, lowering refunded taxes for Chinese PV exporters and eating into their profit margins. The move might force some companies to increase export prices to mitigate potential financial losses.
Global growth flatlines in face of uncertainty
Solar demand growth has been pulled back by policy changes and uncertainty but capacity additions in 2025 should still eclipse 2024. InfoLink’s Jonathan Chou examines the leading regions for solar installations.
Global installed PV capacity tops 2 TW
The Global Solar Council says global installed photovoltaic capacity has surpassed 2 TW. The organisation says an additional 4 TW of solar capacity will likely be deployed by 2030.
Global PV demand to hit 469 GW and 533 GW this year, says PV Infolink
PV InfoLink says that Chinese solar demand will reach between 240 GW and 260 GW this year, while European demand will hit 77 GW to 85 GW.
Researchers build all-perovskite tandem solar cell with 28.2% efficiency
Researchers at the Australian National University are part of the international team that has built an all-perovskite tandem solar cell based on a wide-bandgap top perovskite cell with a 20.5% efficiency. The 1 cm2 scale tandem device achieved the highest efficiency yet reported for all-perovskite solar cells of this size.
Solar manufacturing facing substantial pressures, says IEA-PVPS
The International Energy Agency Photovoltaic Power Systems Programme says in its latest report that 2023 was a record-breaking but tumultuous year for solar development. It says the manufacturing industry faces pressure from supply-demand imbalances, with overcapacity causing prices to collapse.
Tesla releases Powerwall 3 expansion units for more capacity at lower price
Each expansion unit adds another 13.5 kWh of storage capacity to the original installation with a maximum of three such units connected to a single Powerwall. Now available in the United States, the new product comes at a lower cost and slashes installation time by roughly half to 22 minutes.
Utility-scale solar additions hit 46.8 GW since start of 2023, says Wiki-Solar
PV data consultancy Wiki-Solar says the world’s top solar developers have added nearly 50 GW of new solar capacity since early 2023, raising their cumulative capacity to 146.7 GW – more than one-fifth of the global total.
On the small side: module power output distortion on rise
A study by German research institute Fraunhofer ISE has revealed a troubling trend. Data shows that modules are increasingly attributed higher power ratings than they actually have. Though the percentages are incremental, it all
adds up.
