World

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.

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.

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.

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.

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.

Sydney-headquartered climate tech platform Neara has secured $45 million in Series C funding to aid expansion into global markets of its AI-powered predictive modelling software, which helps utilities navigate clean energy transition complexities.

The results of this year’s Kiwa PVEL scorecard have shown that TOPCon technology is more vulnerable than PERC, and the failure rate at bill of materials has increased to 41%, the highest in history, according to the testing lab.

The International Energy Agency’s latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batteries, electrolysers, and heat pumps will rise from $1 trillion in 2023 to more than $3 trillion by 2035.

Deal for 50.03% of Lightsource BP leaves oil and gas giant with total control of renewables developer. Lightsource BP is expected to continue trading with a standalone operating model, retaining its independent brand.

Researchers from Monash and the University of Queensland have developed a nanofiltration technology to extract lithium from low-grade saltwater brines with high magnesium content. “Our technology achieves 90 percent lithium recovery, nearly double the performance of traditional methods, while dramatically reducing the time required for extraction from years to mere weeks,” researcher Dr Zhikao Li said.