Analysts at Mercom Capital Group have tallied up corporate funding, venture capital and debt and public market investment for battery storage, smart grids and energy efficiency companies. From a financial perspective, the industry appears resilient to the Covid-19 crisis and ready to grow further.
A new report by Wood Mackenzie suggests that rapid solar module technology innovations in the next decade will lead to significant increases in module power class, better performance and more versatile applications. Technology and lower capex will be key to sector growth, it adds.
PV module makers are under growing pressure to increase the power output and longevity of their products, which leads in some cases to rapid changes in the technologies and materials they utilize. pv magazine recently sat down to speak with Kaushik Roy Choudhury and Mark Ma of DuPont Photovoltaic Solutions about the changing landscape for quality in solar PV materials.
Launched in November 2015, the alliance aims to collectively address key challenges to the scaling up of solar energy in member countries that fall between Tropic of Cancer and Tropic of Capricorn. The Alliance is now supported by 68 member countries, and a further 20 countries are in the process of becoming members.
Although the Wiki-Solar website ranking only provides a snapshot of PV project engineering, procurement and construction contracts outside of China, it is nevertheless a useful indicator of the changing global solar market landscape. Swinerton was the largest solar EPC contractor outside China in 2019. Of the top 11 companies, three are based in India, three in the United States, another three in Spain and two in the United States.
The Solar Mapper uses artificial intelligence algorithms that compile data extracted from satellite images. It can estimate site solar potential and indicate the most suitable technology.
The 18-meter long solar cell-clad trailer is said to enable fuel savings of 5-10% in Sweden. Swedish thin-film manufacturer Midsummer is a partner on the project.
Belgian researchers are testing agrivoltaic power generation in a pear orchard. The first pilot project features specially designed 185 W solar panels with transparent backsheets, conventional silicon cells, and a 21% efficiency rate.
With a huge market and relevant manufacturing advantages, the country aspires to become a giga-scale manufacturing destination for the breakthrough PV technologies across the value chain.
Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.
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