‘In the next year, some of these guys are going to be bankrupt’
At Intersolar in Munich, pv magazine spoke with Jenny Chase, solar analyst at BloombergNEF, about the incredibly low polysilicon prices, massive overcapacity, and increasing consolidation. According to Chase, this year there will be enough polysilicon capacity to produce 1.1 TW of solar modules, but global module demand is expected to reach around 585 GW. “That is a pretty huge delta,” she said, noting that the solar industry should also prepare for a series of “negative feedback mechanisms,” such as negative prices and excess of solar power.
‘Module prices surprisingly keep going down’
As part of our Intersolar 2024 interview series, pv magazine spoke with Yana Hryshko, head of Solar Supply Chain Research for Wood Mackenzie, about overcapacity, declining panel prices and expected PV demand for the next years. She revealed that Chinese module procurement schemes are currently seeing unprecedented, “ridiculously” low bids, but she also noted that the $0.08/W threshold may now be difficult to exceed. Hryshko also expects many manufacturers to backpedal on previously announced capacity expansion plans and renegotiate module supply contracts.
AP Systems presents single-phase hybrid inverter for balcony photovoltaics
Until now, balcony inverters were mostly simple micro inverters, with batteries integrated via MC4 connectors. A hybrid inverter should improve this situation.
Hydrogen power: Unlocking the next frontier in renewable energy
The hydrogen economy in India is expected to undergo vast development in the coming years owing to government support and industry funding.
The hydrogen stream: NTPC tenders for green hydrogen fuel cell locomotives
NTPC has invited bids for green hydrogen fuel cell locomotives for operation at the merry-go-round rail system of NTPC Sipat.
Scientists develop silver-free PEDOT:PSS adhesive for shingled solar cells
Researchers from the University of California, San Diego (UCSD) have developed a new silver-free adhesive for shingled solar cells. The novel adhesive is based the PEDOT:PSS polymer and can reportedly reduce silver consumption to approximately 6.3 mg/W.
Low prices for TOPCon solar panels put pressure on PERC
In May 2024, high-efficiency panels, predominantly glass-glass modules equipped with tunnel oxide passivated contact (TOPCon) cells began to converge on price with mainstream offerings, writes Martin Schachinger, of pvXchange. Production volumes for these negatively-doped, “n-type” cells and modules have been ramped up in China while the increasingly restrictive customs situation in the United States may already be having an impact. For the European market, ever-lower prices for the latest module technology would suggest that demand would continue to rise were it not for a number of disruptive factors.
Amara Raja signs LFP battery technology deal with China’s Gotion
Amara Raja Energy & Mobility Ltd has secured the technology license from China’s Gotion High-Tech to manufacture lithium ferro phosphate (LFP) battery cells in both cylindrical and prismatic form factors.
Waaree Energies to supply bifacial modules for Acciona Energy’s 412.5 MWp solar project in Rajasthan
Waaree Energies has secured a contract to supply its p-type bifacial solar modules for Acciona Energy’s 412.5 MWp (335 MW AC) project in Rajasthan.
GP Eco Solutions makes a stellar debut, lists at 299% premium
Noida-based GP Eco Solutions India Ltd has made a stellar debut on NSE Emerge as its stock was listed at INR 375 against a price band of INR 94 per share. The company will use the funds raised through the IPO to fuel its growth in the solar sector.
