The plummeting costs of energy storage, driven by China’s relentless price war, are expected to catalyse more economic deployments worldwide. Lithium iron phosphate (LFP) batteries are surging in market share due to their lower costs and higher cycle life compared to nickel-based lithium-ion batteries.
Reliable assessment of the local solar radiation resource is a major component of large-scale PV power plant project development and financing. This assessment is usually based on the assumption that the long-term average annual solar radiation from previous years is not significantly different from the expected future solar resource availability. In many areas of the globe, the solar radiation availability in 2023 was considerably higher (up to 10-12%) than the long-term average, and this might be overshadowing the fact that a large fraction of utility-scale PV power plants is undeperforming.
Amara Raja Energy & Mobility has increased its stake in EV battery specialist InoBat to 9.32% with a further investment of EUR 20 million into the company.
California startup Planted Solar uses construction robots and high-density arrays to deliver what the company says are higher energy outputs and lower balance of system costs.
The Chinese back contact module maker said its new products rely on the company’s all-back-contact (ABC) cell technology and feature a temperature coefficient of -0.26% per C.
Waaree Energies has secured the contract to supply its ELITE Series n-type TOPCon 580 Wp modules for Mahindra Susten’s PV projects in Bikaner, Rajasthan.
Next decade will see Adani Group invest more than $100 billion in the energy transition space and further expand its integrated renewable energy value chain—chairman Gautam Adani at CRISIL Ratings Annual Infrastructure Summit 2024.
The Chinese manufacturer said its new Hi-MO X6 Artist series has an efficiency of up to 22.3% and a power output ranging from 420 W to 430 W. The smaller version is currently priced at CNY 298 ($41.7)/m2 and the largest model is sold at CNY 268/m2.
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.
Gautam Solar’s TOPCon glass-glass bifacial panels are available in power range of 580 Wp to 590 Wp with maximum efficiency up to 22.84%.
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