WoodMac predicts 3.8 TW of new solar by 2033
Solar developers are expected to install 3.8 TW (AC) of global capacity between 2024 and 2033, according to the latest forecast from Wood Mackenzie. The analysts predict that new wind and solar installations will reach a combined 5.4 TW, taking the cumulative global total of the two technologies to 8 TW by 2033. Energy storage capacity, […]
TrendForce says 210 mm module shipments surpassed 260 GW in Q1 globally
Cumulative shipments of 210 mm PV modules surpassed 260 GW in the first quarter of this year, according to Taiwan-based TrendForce. The analysts said that seven of the top 10 module makers now make 210 mm n-type modules, with Trina Solar, Risen Energy, Tongwei and Huasun all now mass producing panels above 700 W. “It is […]
South Africa imposes 10% import tariff on solar panels
The International Trade Administration Commission of South Africa (ITAC) has imposed a 10% import tariff on solar panels to protect local manufacturers, attract investment, and deepen the value chain. The South African Photovoltaic Industry Association has questioned the lack of formal industry engagement, calling the timing “not ideal.”
Sunmaxx PVT, Oxford PV present perovskite-silicon tandem solar thermal module with 80% overall efficiency
The new photovoltaic-thermal module, presented for the first time on the first day of Intersolar 2024, has a record electrical efficiency of 26.6% and thermal efficiency of 53.4%. The electrical output of the module with 6cm x 10cm M6 cells is 433 W.
SolarPower Europe says 1 TW of solar could be annually installed by 2028
SolarPower Europe forecasts more than 1 TW of annual solar installations by 2028, but financing and energy system flexibility must be unlocked.
Global PV installations may hit 660 GW in 2024, says Bernreuter Research
Bernreuter Research says low module prices will drive demand in the second half of this year. The researchers note the shipment targets of the world’s six largest solar module suppliers, who are aiming for an annual growth rate of 40% on average.
Study estimates global floating solar potential at 1,302 TWh
A UK-based research team has calculated the global potential of deploying floating solar arrays on almost 68,000 lakes and reservoirs. It found some countries could generate the majority of their electricity needs from floating solar panels, while five could meet all their electricity demand.
Standard Energy prepares 3 GW silicon wafer, 3 GW PV cell factory in Thailand
Standard Energy, a subsidiary of Singapore’s GSTAR Group, says the first batch of equipment has arrived at its new 3 GW silicon wafer and 3 GW solar cell smart factory in Thailand. Production is expected to commence in July.
JinkoSolar hits highest conversion efficiency with 182 mm TOPCon module
JinkoSolar says its 182 mm tunnel oxide passivated contact (TOPCon) solar module has achieved a conversion efficiency of 25.42%.
Indonesia targets over 5.7 GW of rooftop solar by 2028
The Ministry of Energy and Mineral Resources in Indonesia has set a quota of 5,746 MW of rooftop solar to be deployed between 2024 and 2028. The Jakarta-based Institute for Essential Services Reform anticipates rooftop solar to be more commonly adopted by commercial and industrial consumers than residential users, following the abolishment of net-metering earlier this year.
