Residential battery inventories soaring in Europe, says S&P Global
European warehouses are reporting extremely high inventory levels for residential energy storage systems, with aggressive prices expected, as distributors need to start clearing their stocks, according to S&P Global.
World: Solar PV LCOE expected to slide to $0.021/kWh by 2050, says DNV
By mid-century the levelized cost of energy (LCOE) for solar PV will be $0.021/kWh, a new report by risk management company DNV predicts. The learning rate for solar is predicted to decrease from 26% to 17% by 2050.
How women are driving the sustainable energy transition
The sustainable energy transition transcends the ambit of technological change; it is, fundamentally, a societal transformation. Women, constituting half of the global population, assume an unequivocally vital role in this paradigm shift.
A reaction to Rystad’s recent estimates on European solar module stockpile
Rystad Energy has abruptly changed statements about photovoltaic module stocks in the EU. German PV analyst Karl-Heinz Remmers questions the numbers from the Norwegian consultancy and provides different figures.
India contributed 12% of global growth in solar generation in H1 2023
India’s growth in solar generation (+26%, +12 TWh) in the first half of 2023 was above the global average growth (+16%). In H1 2023, India contributed nearly as much new solar generation as the EU, with 12% of the global additions.
India needs 36% YoY increase in annual solar capacity additions to reach FY 2027 target of 186 GW
India needs to ramp up its annual solar capacity additions by 36% year-on-year to reach an installed PV base of 185.6 GW by FY 2027, targeted under 14th National Electricity Plan. The nation installed 66.7 GW of PV capacity as of March 31, 2023, with 12.9 GW added in FY 2023.
Solar wafer prices fall for first time in 3 months
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.
Amara Raja Batteries is now Amara Raja Energy & Mobility
Amara Raja Batteries has changed its name to Amara Raja Energy & Mobility as it directs its focus to becoming a comprehensive solutions provider in the energy and mobility space.
India’s green hydrogen will be the cheapest in the world: Power minister
Already 5.8 million tons of green hydrogen manufacturing capacity is in different stages of installation in India, said power minister R.K. Singh at a summit in New Delhi recently.
Vertical agrivoltaics to reduce PV curtailment, increase water efficiency
An international research group has analyzed a vertical bifacial agrivoltaics system in a drought-stricken part of Chile. They say that the solar array can improve water efficiency for crop irrigation, while the vertical system configuration optimizes PV power generation throughout the day, minimizing curtailment.
