Bifacial PV, single-axis tracking produces cheapest electricity, says IEA-PVPS
The IEA Photovoltaic Power Systems Programme’s (IEA-PVPS) latest factsheet covers bifacial PV modules and advanced tracking systems. It says a combination of bifacial modules with single-axis tracking could increase energy output by up to 35%.
Global energy storage fleet to surpass 1 TW/3 TWh by 2033, WoodMac says
According to the latest forecast from Wood Mackenzie, the global energy storage market (excluding pumped hydro) is on track to reach 159 GW/358 GWh by the of 2024 and grow by more than 600% by 2033, with nearly 1 TW of new capacity expected to come online.
WoodMac predicts 3.8 TW of new solar by 2033
Wood Mackenzie says that solar will account for 59% of new renewables between 2024 and 2033. China is expected to drive the growth, accounting for half of new solar deployment over the projected time period.
TrendForce says 210 mm module shipments surpassed 260 GW in Q1
Market intelligence platform TrendForce says 210 mm n-type technology is “set to spearhead a new industrial revolution.” It expects 210mm modules to account for 78.29% of the large-format module market this year, increasing to 82.51% by 2027.
Tesla battery deployment up 157%; Megapack pricing down 44%
In its latest quarterly press release, traditionally focused on vehicle production, Tesla revealed a significant increase in energy storage deployment, officially reporting revenue for 9.4 GWh of deployed storage products.
Digital world driving growing demand for renewable generation
The world’s reliance on the internet, the shift to cloud computing, and the emergence of AI all fuel demand for more and more data centres. The International Energy Agency projects that by 2026, data centres will consume more than 800 TWh annually, more than double their consumption in 2022.
All solar cell efficiencies at a glance – updated
The research group led by University of New South Wales Scientia Professor Martin Green has published Version 64 of the solar cell efficiency tables. There are 19 new results reported in the new version.
China could lead the world to net zero
China, with an 18% share of the global population, uses 26% of the world’s primary energy and emits 33% of the world’s energy-related CO2. The energy transition unfolding in the country isn’t merely a national affair as its ramifications echo globally, explains Mahnaz Hadizadeh, a researcher for consultancy DNV.
Researchers discover method to help solar cells self heal
A global team of researchers, lead by Monash University, Melbourne, have made a game-changing breakthrough that could make perovskite solar cells more reliable and efficient.
RETC releases 2024 PV Module Index
The United States-headquartered Renewable Energy Test Center has released its annual PV Module Index, evaluating the reliability, quality, and performance of solar panels.
