World

The plummeting costs of energy storage, driven by China’s relentless price war, are expected to catalyse more economic deployments worldwide. Lithium iron phosphate (LFP) batteries are surging in market share due to their lower costs and higher cycle life compared to nickel-based lithium-ion batteries.

Reliable assessment of the local solar radiation resource is a major component of large-scale PV power plant project development and financing. This assessment is usually based on the assumption that the long-term average annual solar radiation from previous years is not significantly different from the expected future solar resource availability. In many areas of the globe, the solar radiation availability in 2023 was considerably higher (up to 10-12%) than the long-term average, and this might be overshadowing the fact that a large fraction of utility-scale PV power plants is undeperforming.

California startup Planted Solar uses construction robots and high-density arrays to deliver what the company says are higher energy outputs and lower balance of system costs.

The Chinese back contact module maker said its new products rely on the company’s all-back-contact (ABC) cell technology and feature a temperature coefficient of -0.26% per C.

The Chinese manufacturer said its new Hi-MO X6 Artist series has an efficiency of up to 22.3% and a power output ranging from 420 W to 430 W. The smaller version is currently priced at CNY 298 ($41.7)/m2 and the largest model is sold at CNY 268/m2.

The Chinese manufacturer said its new photovoltaic air conditioner is available in three versions with a cooling capacity ranging from 12.1 kW to 16 kW and a heating capacity of 14 kW to 18 kW. It can be used for both residential and commercial applications.

Gensol Engineering Ltd has secured the full 500 MW/1,000 MWh capacity of Gujarat Urja Vikas Nigam Ltd’s standalone battery energy storage project with additional allotment of 250 MW (500 MWh) under Greenshoe option.

The new photovoltaic-thermal module, presented for the first time on the first day of Intersolar 2024, has a record electrical efficiency of 26.6% and thermal efficiency of 53.4%. The electrical output of the module with 6cm x 10cm M6 cells is 433 W.

Gautam Solar’s  TOPCon glass-glass bifacial panels are available in power range of 580 Wp to 590 Wp with maximum efficiency up to 22.84%.

Hitesh Chimanlal Doshi, chairman and managing director of Waaree Energies Ltd, has won the Global Solar Leaders Award (2024) for his outstanding contributions to solar industrial progress worldwide.