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Operating gas-fired power plants would be 10 times more expensive in the long-term than building new solar capacity in Europe, according to research from intelligence company Rystad. Their study uses the levelized cost of energy (LCOE) for gas and coal-fired power generation at different price levels and compares it to the LCOE of solar PV and wind.

The International Energy Agency (IEA) has published its “World Energy Outlook 2022” report. It expects the energy crisis triggered by Russia’s invasion of Ukraine to accelerate the global energy transition.

Tamil Nadu-headquartered SunEdison Infrastructure Ltd will now be known as Refex Renewables & Infrastructure Ltd.

The consulting firm expects prices to decline gradually through the first semester of 2023, followed by an accelerated decline in the second half of the year, with prices falling from the current CNY 300 ($36.64)/kg to below CNY 150/kg by the end of 2023. Polysilicon production capacity may increase from 500 GW in 2022 to 975 GW next year.

The International Energy Agency Photovoltaic Power Systems Programme (IEA PVPS) estimates that 173.5 GW of new solar capacity was installed in 2021, and that figure might rise to 260 GW in 2022. pv magazine spoke with the co-chair of the European Solar Manufacturing Council to look into the figures.

The off-grid solar sector has shown resilience in the face of pandemic-related challenges, with 70 million people gaining access to electricity from early 2020 to the end of 2021. However, the ability to pay for solar energy kits has taken a hit.

Clean Energy Associates said in a new report that it expects polysilicon production capacity to exceed PV installations next year.

Trina Solar introduced its n-type bifacial module with a peak power output of 685 W in the Indian market.  

Jakson Green will expand its solar module manufacturing capacity to 2 GW, with backward integration into cells, by the end of 2024, CEO and Managing Director Bikesh Ogra told pv magazine on Day 1 of Renewable Energy India Expo 2022. He said the company also has aggressive plans for green hydrogen and ammonia, with a specific focus on distributed generation.

The giants of the Chinese PV industry are now integrated along both ends of the supply chain, amid expectations for strong demand and price volatility. Module makers are adding polysilicon capacity, while poly and wafer producers are making module production a part of their business. But do companies still face the same risks that have brought down vertically integrated solar giants in the past? Vincent Shaw reports from Shanghai.