Solar energy will satisfy more than 50% of global energy demand within a decade according to a new modelling tool that also predicts solar costs will continue falling by 10% a year.
After tumbling to record lows in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilisation.
Sungrow has launched a new inverter for commercial and industrial applications that it says achieves 98.8% efficiency and 98.2% European efficiency.
Solar and wind are being installed at a rate that is three times faster than all other new electricity sources combined. This offers compelling market-based evidence that PV and wind are now the most competitive and practical methods for deploying new generating capacity.
Aiko Solar has started production at its Jinan factory, its third facility for n-type all-back-contact solar modules. The plant is designed for 30 GW of solar cell and panel capacity, with the first 10 GW phase set to reach full output by late 2025.
In five key trends, pv magazine looks back over a year that saw PV module prices fall lower than many thought possible, while demand was restrained by grid congestion, among other challenges. Energy storage has had a strong year and geopolitics is seeing solar and battery manufacturing enter new regions as competition drives technical innovation.
Amid record-low prices for solar modules, the focus of cost reduction for utility-scale solar projects is shifting to non-module balance-of-system (BoS) expenses. A transition from 1.5 kV voltage to 2 kV in solar projects is expected to gain traction through 2030.
Smaller solar manufacturers have been shuttering production lines, but not at a pace fast enough to return profit margins to healthy territory. InfoLink’s Amy Fang considers what lies ahead for PV companies in the near term.
United Kingdom scientists have simulated how a 1 GW off-grid agrivoltaic facility may be used to fuel hydrogen fuel electric cell vehicles across Africa, the USA, China, Europe and Australia showing the proposed combination could provide a levelised cost of hydrogen ranging from $6.05/kg to $12.61/kg.
Enphase Energy has released new software to help homeowners install larger solar and battery systems without major electrical panel upgrades. It uses real-time measurements from current transformers to make immediate decisions.
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