World

Transition to a world run entirely on clean energy – together with the implementation of natural climate solutions – is the only way to halt climate change and keep the global temperature rise below 1.5°C, according to another significant study.

Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects, says Wood Mac.

Glass-glass modules are built to survive the toughest conditions and can deliver module lifetimes far exceeding the 20-30 years expected of glass-foil. The module concept is ideally positioned to catch the building bifacial wave, but only if quality concerns are addressed, warn some experts in the field.

BloombergNEF figures show financial vehicles linked to environmental and/or social benefits amounted to $247bn worldwide in 2018. The US led the way, almost entirely because state-backed mortgage provider Fannie Mae issued $19.8bn worth of green home loans.

Crystal-ball gazing is dangerous in a sector as fast moving as PV. But that hasn’t stopped pv magazine’s international team of solar reporters from compiling a list of the top 14 solar PV and energy storage trends expected to characterize 2019. What do you think? Have we missed anything?

pv magazine is pleased to announce the winners of our inaugural Annual Award. Winners will be recognized in a ceremony alongside the Middle East Solar Industry Associations’ Solar Awards, during the World Future Energy Summit.

As the dust settles on an imperfect, but still welcome, international agreement thrashed out at COP 24, the chairman of the European Energy Research Alliance has criticized the solar industry for its lack of representation in Katowice.

SMA Solar technology AG has announced that around 425 full time jobs or 12.8% of its global workforce will be lost as part of its restructuring efforts. The PV inverter manufacturer will also discontinue operations in China, preferring to refocus its efforts on Germany.

The growth in global energy demand is surging ahead of decarbonisation, concludes a new report released Thursday, but the opportunity is promising for solar PV to grow into the space and help reduce the emissions burden.

That would mean a market increase of around 25% on this year. Demand is predicted to become particularly strong in the second half of the year. Australia is forecast to see lower demand than usual in the first quarter, but also be among 16 nations worldwide that will add over 1 GW of solar capacity in 2019.