Battery prices down 14% this year, says BloombergNEF
BloombergNEF says it has recorded a 14% decline in battery prices this year, mainly due to cheaper raw materials, following an unprecedented rise in 2022.
Fostering solar adoption requires a holistic approach
While the benefits of solar adoption are evident, challenges persist. The irregularity of solar power and the lack of efficient storage technologies remain primary concerns. The upfront costs of solar installations, though decreasing, remain a barrier for many. Complex regulations and bureaucratic hurdles often deter individuals and businesses from embracing solar energy. Addressing these challenges demands a concentrated effort.
New global solar installations to hit 413 GW this year, says BloombergNEF
BloombergNEF says historically low module prices will drive the global solar industry to record installations in 2023.
Solar wafer prices marginally rise, supported by currency exchange rate
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.
With China PV modules reaching record low prices, is there a chance for local PV manufacturing elsewhere?
From the International Solar Energy Society’s perspective, and the vision of a world with 100% renewable energy for everyone used wisely and efficiently, PV module production should not become an oligopoly and should not be concentrated in one corner of the world.
China module prices hit record lows, operating rates estimated around 60%
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 overproduction conundrum
Solar manufacturing capacity has been ramping up so quickly that even impressive installation growth cannot keep pace. Molly Morgan, senior research analyst at UK-based research firm Exawatt, explores the relationship between PV supply and demand and assesses the likelihood of overproduction.
Solar-plus-storage outperforms diesel in military survivability analysis
The NREL evaluation of solar plus Antora Energy storage system meets the U.S. Military’s exacting standards, revealing that these systems significantly outperform emergency diesel generators in survivability probabilities.
Maximizing photovoltaic system performance: Insights on partial shading and power electronics
Optimizing PV systems in partial shading conditions presents a multifaceted challenge, demanding a comprehensive understanding of the interplay between power electronics and PV technology. Shading scenarios exert a significant influence on system performance, with practical insights tailored to various shading conditions, offering guidance for stakeholders in PV planning. Collaborative efforts within the PV industry are directed at enhancing planning tools, seeking to streamline and improve the accuracy of PV system designs, and ultimately contribute to a more sustainable energy future.
Solar wafer prices could bottom out soon with new record lows
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.
