World

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.

Researchers have found that the current levelized cost of energy (LCOE) for concentrated solar power (CPS) plant in Saudi Arabia could be as low as $0.137/kWh. However, combining the tech with PV would significantly enhance the cost competitiveness of CSP.

In the fight against climate change, solar PV technology must increase its share in global electricity generation. This presents a mammoth challenge to the PV industry and research community. Intensive research efforts are necessary for developing various types of PV technologies parallel to Si-based solar panels.

The Chinese manufacturer said its new TSM-NEG9RC.27 and TSM-NEG18R.28 combine n-type technology with 210mm rectangular silicon wafer (210R) cell technology. Their temperature coefficient is -0.29% per C and their efficiency can reach up to 22.3% and 22.7%, respectively.

Enel has obtained €560 million ($610.2 million) for a solar module factory it is building in Catania, Sicily.

Wood Mackenzie says the solar industry has reached a new stage in its evolution and is predicting around 350 GW of global solar installations annually for the next eight years. The research firm is also forecasting challenges for the solar manufacturing sector and long-awaited benefits from the Inflation Reduction Act in the United States.

Flaxres says it will leverage Hyundai’s capabilities to expand its business outside of Germany. The company has developed a solar module recycling technology that is based on short-term high-temperature heating using flash lamps.

Sunstall has developed a vertical PV system that facilitates energy production in space-limited areas. It is the first system of its kind to secure certification from Underwriters Laboratories (UL) for the US market

Sometimes, progress involves looking backwards. In this case, a return to back contact solar cell architecture has resulted in improved efficiencies and reductions in cost.

A new 875 MW solar project in California features nearly 2 million solar panels and offers more than 3 GWh of energy storage.