Market intelligence company Navigant Research has developed a country forecast of the global market. Incentives and pricing will be the main driver of installations, though the market will continue to be concentrated in certain key regions, including India, for now.
The recycling market will experience a tenfold expansion between last year and 2030, driven by EV battery usage and portable electronics. Retrieving valuable metals and minerals is becoming a high priority and several dozen companies are already in position for the first big wave of end-of-life batteries.
A memorandum of understanding signed by the institutions was not solar specific but the use of PV modules for shading, especially in agriculture, can reduce water consumption and help halt the expansion of deserts.
Technical consultancy DNV GL has published its Energy Transition Outlook 2019. While the electric vehicle, storage and renewable energy industries are likely to see significant rises in demand, the sobering conclusion is the world will miss carbon reduction targets by a long shot.
Vehicle-to-grid functions could soon become increasingly important. While policymakers discuss the necessary regulations in other nations, the Netherlands government is motoring ahead with the technology.
By considering use of the metal in charging infrastructure, analyst Wood Mackenzie has found higher demand from the mobility sector than is the case if only the volume of the material required for vehicle construction is examined.
Extreme wind events are the biggest cause of failure and insurance claims for any PV plant, according to Thorsten Kray, Head of the Building Aerodynamics Department at Institut für Industrieaerodynamik GmbH, Aachen. For structural reasons, single-axis trackers are more prone to the issues than fixed-tilt structures. In this two-part series, pv magazine will examine the ways that wind impacts trackers and what EPCs and investors need to look out for, in addition to outlining a range of approaches from big tracker suppliers that were designed to mitigate wind-related damage.
According to the latest market forecast published by Wood Mackenzie, it seems that global PV installation figures will rise to 125 GW per year from 2020. Continued global capacity expansion will come in through a growing gigawatts-club.
With PV’s cost declines, the growing question is: where to put it all, particularly in densely populated areas. Ingenuity to the rescue – a technology that took its first steps in 2007 is entering full market maturity. And its potential is rather impressive.
The German giant – which manufactures central inverters near Mumbai – announced plans last week to acquire Kaco and start a new smart infrastructure business from April 1. In light of those moves, pv magazine spoke to IHS Markit’s Cormac Gilligan about the new kid, albeit huge, on the block.
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