Opinion & Analysis

Martin Schachinger, founder of pvXchange.com, says that solar module prices are falling across the board, while batteries and inverters are hitting historically low prices due to market oversupply.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

From electric vehicles to renewable energy storage, batteries play a pivotal role in shaping a greener future. However, despite the promising landscape, battery cell manufacturing in India faces several challenges that require innovative solutions to overcome.  

A new analysis finds that back contact solar shows an average lifetime energy generation increase of 16.0% over mono PERC. The paper also says back contact had an average 9.7% shorter payback time and 10.7% lower LCOE across all modelled locations.

Achieving and maintaining a capacity utilization factor (CUF) of 19% over 25 years without deration is feasible through careful selection of high-efficiency, low-degradation solar panels, and implementing robust design, maintenance, and monitoring strategies. By following the guidelines provided in this article, developers can ensure compliance with PM-KUSUM scheme and achieve sustainable, long-term performance of their solar power plants.

The updated IEA PVPS Task 12 Fact Sheet provides a comprehensive assessment of the environmental impacts associated with PV systems. It highlights the significant advancements made in PV technology, emphasizing improved efficiencies and reduced environmental footprints.

The Corporate Sustainability Due Diligence Directive signals a new era of corporate responsibility, urging Indian businesses to embrace sustainable practices to thrive globally. This presents an opportunity to enhance competitiveness, attract global partners, and contribute to a more sustainable and resilient future.

Each region has a different way of doing things, whether it’s selecting sites, managing employees, or implementing manufacturing standards. Companies looking to expand into foreign markets need to be prepared to deal with these cultural differences, says Clean Energy Associates (CEA) Vice President Mark Hagedorn.

The hydrogen economy in India is expected to undergo vast development in the coming years owing to government support and industry funding.

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.