Out of the 861 solar PV modules currently enlisted in ALMM, the majority (around 72%) are from high-efficiency technologies. With a 49% share, mono PERC is the most dominant module type in ALMM. Encouragingly, emerging PV module technologies such as n-type TOPCon, Bifacial n-type TOPCon, and Bifacial Mono PERC also account for a significant share of around 22.5%.
Continued investments in research and development, particularly in areas like advanced battery storage technologies and next-generation solar cell materials, coupled with supportive policies and global collaboration can unlock the full potential of solar energy and pave the way towards a brighter, more sustainable future.
Chinese manufacturer Longi says that its new Tera wafers offer a notable efficiency boost of approximately 0.1% across various cell technologies.
India’s cumulative solar module manufacturing capacity reached 64.5 GW and solar cell capacity 5.8 GW as of December 31, 2023.
The Indian solar industry’s transition to TOPCon and HJT underscores the need for technological upgrades and increased investment in cell manufacturing capabilities.
The Chinese module manufacturer led an international research team seeking silicon material savings and efficiency gains in the development of heterojunction PV devices. The cell achieved a certified power conversion efficiency of 26.06% with a thickness of 57 μm, with Germany’s Institute for Solar Energy Research confirming the result.
EnergyBin has reviewed pricing comparisons and trends in the US secondary market for solar panels.
Enel has obtained €560 million ($610.2 million) for a solar module factory it is building in Catania, Sicily.
Switzerland-based manufacturer Meyer Burger has developed black heterojunction (HJT) solar modules for balconies, featuring 800 W microinverters, smart control units, and mounting systems.
Longi has announced the achievement of 27.09% efficiency for its heterojunction back contact (HBC) solar cell, a result that has been confirmed by Germany’s Institute for Solar Energy Research (ISFH).
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