High interest rates, excess warehouse inventory, and falling component prices have created a perfect storm for solar distributors since October 2023. BayWa re Solar Trade CEO Frank Jessel explains how the industry can embrace true digitalization to better navigate this volatility.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

The battery industry is experiencing a seismic shift with advancements in prismatic cell technology, led by companies like Cornex, which promise to reshape energy storage solutions.

Scaling clean hydrogen in legacy sectors is like fighting with one hand tied behind its back. Most producers will stick with what they know—gray hydrogen—until the economics turn decisively in favour of green alternatives. For now, clean hydrogen is stuck playing catch-up, waiting for its moment in the spotlight.

CAISO set a new peak battery discharge record of 8.3 GW on October 9, as the state’s future EIA energy storage queue holds 177 GW of capacity, with 1.9 GW expected added through the end of the year.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

There are thousands of extraordinarily good pumped hydro energy storage sites around the world with extraordinarily low capital cost. When coupled with batteries, the resulting hybrid system has large energy storage, low cost for both energy and power, and rapid response. Storage is a solved problem.

The future of the solar industry hangs in the balance as manufacturers, regulators, and market players grapple with a perfect storm of falling prices, rising costs, and a fiercely competitive global landscape.

ESG (environmental, social, and governance) measurement is often inconsistent, as there are multiple ESG rating agencies, sustainability reporting standards and data providers and all deploy their own methodologies and parameters. That makes it challenging for the investors and other stakeholders to evaluate critical ESG metrics and make well-informed choices.

Considering India’s energy demand doubled between 2000 and 2020 and is set for a tremendous surge to the tune of 73 exajoules (EJ) by 2050, we really have to focus on achieving sustainable energy security for decades to come. This systemic transformation won’t come merely with government directives or policy measures but would warrant a mindset change towards sustainability.