Renewables are set to contribute 80% of new power capacity to 2030 in the stated policies scenario (STEPS), with solar PV alone accounting for more than half of it, according to the International Energy Agency (IEA).
The US Department of Energy (DOE) announced a new tax incentive last week (19th October) for solar and wind projects in low-income and “underserved” communities, as well as Tribal lands.
PV Tech sat down with Alastair Mounsey, Regional Sales Director at JA Solar, to talk about the transition to n-type tunnel oxide passivated contact (TOPCon) cells and modules, the state of the European solar market and what will define a successful PV manufacturer in the coming years.
LONGi has chosen to develop back-contact (BC) cells, again based on n-type technology, announcing plans to invest RMB3.92 billion (US$536 million) on production. Future cells will be based on the company’s HPBC ‘PRO’ high-efficiency technology, with roll-out expected to gradually commence from November 2024, reaching full capacity a year later.
Polish renewables developer R.Power has secured a €75 million (US$79.5 million) investment from the European Bank for Reconstruction and Development (EBRD).
The new ESG standard is based on existing international standards. For companies active in the solar value chain, the new standard creates a “one-stop-shop to independently validate ESG commitment at production sites”.
Mining major Rio Tinto and Aboriginal energy partnership the Yindjibarndi Energy Corporation (YEC) have signed a memorandum of understanding (MOU) to pursue the development of solar and wind projects in the Pilbara region of Western Australia.
Solar inverter producer SolarEdge's revenue in the third quarter of 2023 is expected to be about 20% lower than consensus due to cancellations and pushouts of existing backlog from European distributors.