Solar-plus-storage could be competitive against gas peaking power plants in Australia within the next five years, as the average solar-plus-storage LCOE across the Asia-Pacific region is set to fall from $133/MWh this year to $101/MWh by 2023, according to a newly released research report.
In a recent survey, DNV GL found that demand for blockchain-related skills in the solar sector is 50% higher than in other energy industries, while 33% of respondents said that the use of drones is having a significant impact on their businesses. However, the solar industry needs a common framework to help advance digitalization further.
Electric vehicles could account for more than half of all passenger cars and buses sold throughout the world within the next two decades, according to a new report by BloombergNEF. Sliding lithium-ion battery costs will make EVs cheaper than vehicles based on internal combustion engines by the mid- to late-2020s, the research firm says.
The European solar trade body expects 128 GW of new PV capacity in 2019, with China likely to bring around 43 GW online and Europe experiencing enough demand to deploy about 20.4 GW. In 2020, global solar demand is expected to reach 144 GW, while in the following three years new PV additions are forecast to total 158 GW, 169 GW and 180 GW, respectively.
This year, pv magazine is setting a new editorial agenda. Via our program, UP, we will be diving deep into the topic of what it means to be truly sustainable, looking at what is already being done, and discussing areas for improvement. Over the coming weeks, months, and years, we will share our findings across our various digital platforms, in our print magazines, and via our roundtable events and webinars. Are you UP for it?
A research team has applied a waterproof coating obtained from graphite to a perovskite cell intended to power the production of hydrogen underwater. The cell is said to have worked underwater longer than expected.
And the analyst expects that annual new additions figure to rise to 10.6 GW in 2025. This year the U.S. will surpass South Korea as the largest storage market due to new capacity for solar-plus-storage projects. In Japan and Australia, growth will be spurred by the termination of FIT programs.
The Japanese multinational will transfer its Panasonic Energy Malaysia unit to Chinese heterojunction module provider GS-Solar as part of a broader cooperation agreement. Panasonic’s solar R&D business will form part of a JV in Japan to be 90% owned by GS-Solar.
Often touted as the missing link in the energy transition, power-to-gas (P2G) has not yet had its time to shine. While the technology has been around for decades, large-scale projects have been exceptionally rare. Over the last year, however, encouraging signals are emerging as research, pilot projects, and small-scale applications appear to have picked up pace. As debate continues about the tipping point for P2G in terms of conversion efficiency and costs, some market players are optimistic about near-term prospects.
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