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. November 8, 2024 OPIS FOB China: The Chinese Module Marker (CMM), the OPIS benchmark rating for TOPCon modules from China, was steady at $0.087/W Free-On-Board (FOB) China, with price guidance between $0.085-0.095/W on an FOB basis. Spot prices have fallen in recent weeks as manufacturers push to clear ‘old stock’ before the end of the year. According to a module buyer from Southeast Asia, several manufacturers are clearing their inventories before launching new module…

Simon Renwick, the founder of Australian wave energy specialist WaveX, says the wave generator the company is developing can be combined with solar power to reduce costs and ensure availability. November 8, 2024 Ev Foley Image: Silas Baisch, Unsplash By pv magazine Australia WaveX founder Simon Renwick told the story pv magazine that including wave energy in a solar farm’s energy mix could reduce capital expenditure by 50%, according to the ‘Ocean Wave Energy in Australia’ report from the University of Western Australia’s Blue Economy Cooperative Research Center (CRC). “It does it for wind energy, it does it for solar…

The first consultation phase took place last year. Image: Cubico. Global renewable energy investor Cubico Sustainable Investments yesterday (7 November) launched the second phase of consultations for a 130MW solar-based nationally significant infrastructure project (NSIP) in Cheshire. The second phase of consultation for the Frodsham Solar NSIP project will last six weeks until 19 December 2024. The first phase of consultation took place in June 2023. According to Cubico, the large-scale solar PV NSIP will align with Net Zero North West’s strategic vision and support the councils of Chesire West and Chester in achieving net zero by 2045. Subject to…

Researchers in Japan have built a stretchable organic solar cell that can ensure high efficiency while preventing the formation and spread of cracks. The cell is built with a hole transport layer based on PEDOT:PSS, treated with a new additive type. November 8, 2024 Emiliano Bellini A group of researchers led by the Riken Center for Emergent Matter Science in Japan has fabricated an intrinsically stretchable organic photovoltaic (IS-OPV) cell that can reportedly maintain high efficiency levels while withstanding high voltages and cyclic stretch endurance. In the newspaper “Intrinsically stretchable organic solar photovoltaics by redistributing strain to PEDOT:PSS with improved…

Scientists in Egypt have created an anti-fouling coating for solar panels by mixing ethanol, deionized water, ammonium hydroxide and tetraethyl orthosilicate. They tested a coated panel outdoors for ten months and found that the panel exhibited a 64.7% higher current compared to reference modules without coating. November 8, 2024 Lior Kahana Researchers from Port Said University in Egypt have developed a self-cleaning hydrophilic nanocoating that can be used to reduce pollution and increase energy yield in PV systems in arid areas. “Hydrophilic surfaces exhibit a water contact angle (WCA) of less than 90° and possess a high surface energy. These…

SolarEdge reported $260.9 million in revenue for the third quarter of 2024, compared to $725.3 million in the same quarter last year. The Israeli manufacturer also reported an operating loss of more than $1 billion, with 850 MW of inverters and 189 MWh of batteries shipped for PV applications. November 8, 2024 Patrick Jowett SolarEdge headquarters in Herzliya, Israel Image: David Shay Israel-based inverter manufacturer SolarEdge reported $260.9 million in revenue for the three-month period ending in the third quarter of 2024. This represents a 2% decline from the previous quarter and a 64% decline compared to the same period…

High penetration of renewable energy reduces the impact of blackouts New research has found that power grids with significant use of weather-dependent renewable energy sources (WD-RESs), such as wind and solar, tend to experience lower intensity power outages. This is positive news as countries around the world strive to meet ambitious climate goals. This study, published in ‘Nature Energy’, analyzed data from US power outages between 2001 and 2020, providing insights relevant to countries transitioning their electricity grids to a high reliance on WD-RES. In Ireland, for example, renewable energy was responsible for 38.9% of electricity generated in 2023, a…

Austria installed 1.4 GW of new PV capacity from January to September 2024, with around 400 MW added in the third quarter alone. November 8, 2024 Sandra Enkhardt By pv magazine Germany According to data from E-Control, the national energy regulator, Austria installed 399 MW of new solar capacity in the third quarter of 2024. This data, collected from 16 major grid operators covering approximately 85% of the Austrian electricity grid, shows strong deployment but a slight decline compared to the growth rate in the first half of 2024. E-Control said 20,929 new PV systems were installed in the third…

According to PV InfoLink, China’s solar panel exports fell to 16.53 GW in September, down 12% from August and 16% year-on-year. Exports in the third quarter reached 54.9 GW, down 15% from the second quarter but up 6% from the third quarter of 2023. November 8, 2024 Vincent Shaw PV InfoLink said China’s solar panel exports totaled 16.53 GW in September, down 12% from August and down 16% from the previous year. For the third quarter of 2024, exports reached 54.9 GW, down 15% from the second quarter but up 6% from the third quarter of 2023. Cumulative exports for…

Solarwatt has launched six new inverters and batteries as part of its Solarwatt Home line and set out its future strategy. The German company, which is currently in a transition phase, recently closed its solar module factory in Germany and announced a workforce reduction. November 8, 2024 Michael Fuhs By pv magazine Germany Solarwatt has been active in the field of system integration for more than ten years, starting with an energy management system that included both its own devices and products from partners. Now the company is expanding its range with its own new products: an inverter, a battery,…