Bernreuter Research says low module prices will drive demand in the second half of this year. The researchers note the shipment targets of the world’s six largest solar module suppliers, who are aiming for an annual growth rate of 40% on average.
US scientists have analyzed the impact of “seasoning” a formamidinium lead iodide solution with two-dimensional (2D) perovskites. They have found that the template improved the efficiency and durability of their solar cells.
A new report from the International Energy Agency (IEA) suggests that the world could miss out on a target of 11,000 GW of global renewables capacity by the end of the decade, as agreed at COP28. It also predicts that solar will become the world’s largest source of installed renewable capacity, surpassing hydropower.
Freight costs, which represent around 4% of a solar module’s total costs, are increasing on trade lines between the Far East and the US West Coast, Northern Europe, and Mediterranean region.
A new report from the International Renewable Energy Agency (IRENA) examines the global energy system’s transformation and its implications for energy security. It tells policymakers that energy security in renewables-based systems will require multi-dimensional thinking.
BloombergNEF says in a new report that solar and wind must drive most emissions cuts before 2030 to stay on track for net-zero by 2050. Its net-zero scenario targets a combined solar and wind capacity of 31 TW by 2050.
Sunrun, a U.S.-based residential solar installer, says nearly 1,800 customers have already signed up to its PowerOn Puerto Rico virtual power plant (VPP). The program deploys stored solar energy from customers’ batteries to the grid, preventing power supply shortfalls on the island.
University of Michigan researchers have found that the value of rooftop solar will increase by between 5% and 15% by the mid-century across a range of U.S. cities under moderate climate change, and by up to 20% by the end of the century.
Mercom Capital Group says that total corporate solar funding, global venture capital funding, public market financing, and PV mergers and acquisitions all fell year on year in the first quarter of 2024. The sector is still grappling with high interest rates, which Wood Mackenzie says is disproportionately affecting renewables projects.
The International Energy Agency (IEA) Photovoltaic Power Systems Programme (PVPS) has published a wide-reaching snapshot of the global PV market, covering installations, manufacturing, policy trends, and grid integration.
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