Renewables must triple by 2030 to hit net-zero by 2050, says BloombergNEF
BloombergNEF says in a new report that solar and wind must drive most emissions cuts before 2030 to stay on track for net zero by 2050. Its net zero scenario targets a combined solar and wind capacity of 31 TW by 2050.
Weekend read: Déjà vu on the polysilicon market
Haven’t we been here before? The polysilicon industry is shifting from shortage to oversupply but a few things are different from market cycles of the past, as Bernreuter Research founder Johannes Bernreuter explains.
Research shows repaired PV modules can perform with acceptable losses
A research group in Spain has demonstrated the technical feasibility of using repaired solar modules with satisfying results. However it warned that there is an urgent need to define a protocol for evaluating the features of a “viable” repaired panel.
Weekend read: Perovskites move into production
Perovskites remain a great hope for the future of the solar industry, once the possibilities of tunnel oxide passivated contact (TOPCon) and heterojunction PV have been exhausted. A look at the latest perovskite research shows that industry optimism is built on a strong foundation.
China’s solar dominance set to continue amid price slide
With solar module oversupply triggering a price freefall in 2023 and no recovery in sight, market consolidation, inventory pile-up, technology shifts, and challenges to reshoring PV manufacturing are set to affect all levels of the solar supply chain.
Sunrise briefs: Microsoft announces largest PPA of renewables
Also on the rise: California crosses 10 GW battery storage threshold; Philippines set to add almost 2 GW of new solar in 2024; CATL unveils Ev with 1,000km range; and more.
Fastest energy change in history is still underway
In 2023 solar photovoltaics and wind comprised about 80% of global net generation capacity additions. Four times as much new solar and wind electricity generation capacity was installed in 2023 as compared with all other electricity sources combined.
IEA calls for sixfold expansion of global energy storage capacity
The International Energy Agency has issued its first report on the importance of battery energy storage technology in the energy transition. It has found that tripling renewable energy capacity by 2030 would require 1,500 GW of battery storage.
South Korea plans 120 GW space solar project
Two Korean research institutes are designing a space solar power satellite project with the aim of providing approximately 1 TWh of electricity to the Earth per year. The proposed system would use 4,000 sub-solar arrays measuring 10 metres × 270 metres and comprising thin film roll-out, with a system power efficiency of 13.5%.
Trina Solar claims 740 W output for TOPCon PV module
The Chinese manufacturer said Germany’s TÜV SUD has confirmed the results.
