World

According to a new report by BloombergNEF, 58% of global passenger vehicle sales in 2040 will come from electric vehicles, yet they will make up less than 33% of all cars on the road.

The three-day event will connect the global investment community with Indian renewable energy stakeholders. It is expected to be attended by over 75 international ministerial delegations, over 1000 global industry leaders, and 50,000 delegates.

A British-German research team claims that organic PV technologies may become mature enough to compete with crystalline silicon and thin-film products not only in BIPV, but also in power generation in the electricity market. In order to get there, however, organic PV products will have to achieve higher efficiencies.

Bifacial modules have brought significant opportunities to PV project developers, but they have also increased complexity in system design and the modeling of plant output. Australian software developers PV Lighthouse believe they have created a fix, by allowing the complexity to be handled by the use of cloud computing. PV Lighthouse CEO Keith McIntosh and CCO Ben Sudbury argue that their software can be useful for module makers, tracker suppliers, and PV project developers alike.

According to its creator, Swedish start-up Evolar, the new technology can be applied to existing production lines for crystalline silicon modules and increase a product’s efficiency by around 5%.

The Climate Group has reported that just 33 members of its global EP100 initiative avoided carbon dioxide emission by one billion metric tonnes purely through energy efficiency measures. Of this, 360 million metric tonnes—comparable to taking 77 million cars off the road for a year—was avoided in the last year alone.

With the International Energy Agency publishing its latest five-year clean energy forecast today, pv magazine takes a look at the solar content of the 162-page document.

Scientists in France conducted an analysis on the competitiveness of water desalination, taking a large scale project planned for Morocco as a case study. The research concludes that PV without storage is the cheapest option to power desalinators, and will likely remain so until at least 2030.

The global newly installed PV capacity for this year would be around 115 GW–5% more than that of 2019 despite the Covid-19 crisis. India will add just 4.9 GW due to strong Covid measures taken.

New analysis released by Lazard compares the levelized cost of energy for various generation technologies on a $/MWh basis and shows that renewables, specifically utility-scale solar and wind, are the economic frontrunners.