World

By mid-century the levelized cost of energy (LCOE) for solar PV will be $0.021/kWh, a new report by risk management company DNV predicts. The learning rate for solar is predicted to decrease from 26% to 17% by 2050.

India and Saudi Arabia have agreed to develop electrical interconnections and low-carbon hydrogen, while Masdar has partnered with Boeing ion the sustainable aviation fuel (SAF) industry.

JinkoSolar says it shipped 52 GW of PV modules in the first nine months of 2023, bringing its total shipments to 190 GW since its foundation.

Japanese scientists have designed a cooling system that reduces the solar panel operating temperature at the air inlet of the module. It consists of a dew-point evaporative cooler that supplies the near-saturation air to wet air channels that are attached to the back of a PV panel.

Electricity generator Stanwell Corporation has supersized its plans to develop grid-scale iron flow battery storage systems in collaboration with Queensland-based battery manufacturer Energy Storage Industries – Asia Pacific, announcing a binding agreement that could deliver a 150 MW commercial battery by as early as 2029.

Rystad Energy has abruptly changed statements about photovoltaic module stocks in the EU. German PV analyst Karl-Heinz Remmers questions the numbers from the Norwegian consultancy and provides different figures.

With utility scale solar installations accelerating, Philip Wolfe, founder of PV data consultancy Wiki-Solar, drills into the data to highlight some interesting variations in relative progress around the world.

As solar manufacturing moves toward technological convergence, and rampant production capacity expansion continues, standing out from the crowd is just one of the strategies small- and medium-sized enterprises (SMEs) will have to use to survive, according to InfoLink’s Amy Fang.

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.

Abu Dhabi National Oil Co. (ADNOC) has made a final investment decision and awarded contracts for the Hail and Ghasha offshore gas project, while Iveco and Hyundai have introduced the new Iveco Bus E-way H2 city bus.