Author: solarenergy
In a new weekly update for pv magazineOPIS, a Dow Jones company, provides a brief overview of the major price trends in the global PV industry. May 17, 2024 OPISFOB Chinese waffle prices have seen another widespread decline this week, underscoring the prevailing oversupply and subdued demand in the market. Prices for mono PERC M10 and N-type M10 wafers fell by 2.58% and 8.81% week over week, to $0.189 per unit and $0.176/unit, respectively.Similarly, prices for Mono PERC G12 and n-type G12 wafers fell 0.76% and 2.18% week-on-week to $0.261/pc and $0.269/pc, respectively.According to OPIS market research, the average transaction…
The 17th edition of the German-African Energy Forum in Hamburg attracted more than 300 participants from more than 30 countries this week. The continent’s green energy transition and its financing were among the topics on the agenda. May 17, 2024 Patrick JowettMore than 300 participants from more than 30 countries took part in the 17th edition of the German-African Energy Forum, which was held in Hamburg on May 16 and 17.Wiebke Polomka, senior manager of Southern Africa at Afrika-Verein der deutschen Wirtschaft, which organized the forum, said pv magazine that German companies have the technology, knowledge and experience to support…
The researchers say the cell has a perovskite cell on top with a transparent back contact made of indium zinc oxide and a commercially established cadmium telluride bottom device. They claim that the champion tandem cell has the potential to achieve 30% efficiency. May 17, 2024 Emiliano BelliniA research group at the University of Toledo in the United States has designed a four-terminal (4T) tandem solar cell with an upper device that relies on a perovskite absorber with an tunable wide bandgap and a lower cell that uses a commercially established narrow bandgap. absorber technology made of cadmium telluride (CdTe).“While…
Today the Ministry of Finance released the long-awaited further guidance regarding the domestic content bonus under the Inflation Reduction Act. Solar developers and installers who source iron and steel products and certain manufactured products from domestic producers can receive a bonus of up to 10% on the Investment Tax Credit (ITC) or Production Tax Credit (PTC) upon completion of projects. Projects can receive the domestic bonus if they meet the requirements and are smaller than 1 MWACcommenced construction before January 29, 2023, or meet applicable wage and internship requirements. SunSpark USA The Department of Treasury today further clarified project descriptions…
The EAC chairman thanked parliament for providing “clarity” on the issue. Image: British Parliament. Environmental Audit Committee chairman Philip Dunne has responded to Parliament’s declaration that solar energy projects should not be located on land suitable for agriculture. Yesterday (May 15), Secretary of State for Energy Security and Net Zero Claire Coutinho made a statement on the development of new solar farms, clarifying that developers should seek to develop on brownfield sites, contaminated land and industrial land wherever possible. Commenting on this, Dunne said: “Whichever path the UK takes to achieving Net Zero, solar energy is the renewable energy source…
With the oversupply of solar panels set to lead to a price freefall in 2023 and no recovery in sight, market consolidation, inventory build-up, technology shifts and challenges in re-establishing PV production will impact all levels of the solar supply chain. solar energy. May 16, 2024 pv magazine The solar manufacturing industry will consolidate in 2024 after oversupply and falling material costs led to a downstream price war in the second half of 2023. Smaller, second and third tier manufacturers with module prices below cost will continue to suffer negative margins. Top Chinese manufacturers have also been hit by the…
Eight of the 10 transmission corridors proposed by the U.S. Department of Energy (DoE) could facilitate transmission between grid regions. One would expand transmission within the PJM network area of the Mid-Atlantic, and one would expand transmission in the Northern Plains. May 15, 2024 William DriscollBy pv magazine USAThe American DoE does have that suggested 10 National Interest Electric Transmission Corridors (NIETC), as shown in the image above, and is accepting public comment on the potential NietCs.The DoE searched earlier input from the industry for the first phase of the UITC designation process.A NietC designation, once final, “unlocks” federal funding…
Clearloop flipped the switch on the new 2.8 MWdc White Pine Solar Farm in White Pine, Tennessee. The project was developed in collaboration with the global financial technology platform Intuit Inc. and national specialty store for outdoor sports REI Cooperative.“This project represents the possibilities fostered by responsible, thoughtful and meaningful corporate climate action,” said Laura Zapata, CEO and co-founder of Clearloop, a Silicon Ranch company. “We look forward to continuing to build our relationships with business leaders and communities to deliver on the promise of a transformational and inclusive energy transition.”Intuit and REI each supported the development of 1.4 MWdc…
The Voluntary Carbon Market (VCM) provides a mechanism to channel private finance to underfunded climate solutions. Amid the debate over the VCM’s role in corporate decarbonization, we examined market trends in the Asia Pacific (APAC) region. Despite a dip in recent years, the volume of carbon credits issued in the region has increased significantly since 2014. India, China, Australia and Indonesia lead the way, while sustainable energy, followed at a distance by nature restoration and REDD.plus,1 have been the most important project types. Among publicly traded companies, companies based in Japan, Australia and China have led the purchase and retirement…
Senate Bill 152“Saving Alaska Money with Volunteer Community Energy” has been passed by the Alaska State Legislature and is now awaiting Governor Dunleavy’s signature to become law. SB 152 will allow Alaska residents to subscribe to community-owned solar panels that are not on their homes or property, providing access to clean energy for the first time to the more than 260,000 Alaskans living in rental properties and 79,000 who live below the federal poverty line. The bipartisan bill is sponsored by Senators Bill Wielechowski, Forrest Dunbar, Elvi Gray-Jackson, Scott Kawasaki and Representatives Ashley Carrick, Stanley Wright, Cliff Groh, Andy Josephson,…