cost reduction

Israel-headquartered solar inverter supplier SolarEdge has announced that it will lay off about 900 employees to reduce operating expenses.

Yonz Technology discusses the benefits of aluminium module frames, the impact of larger panels and how standardisation can lower costs.

Prefabricated solar solutions manufacturer 5B is looking to improve the scalability and cost of its technology through an AU$33.4 million (US$24 million) innovation programme and support from the Australian Renewable Energy Agency (ARENA).

The installed cost of solar PV, solar-plus-storage and standalone battery energy storage in the US was reduced across all market segments between 2020 and 2021, with the biggest drop seen in the utility-scale segment. 

Amidst a need to scale up solar this decade, PV Tech Premium speaks to Vassilis Papaeconomou, managing director at renewables service provider Alectris, to learn how the solar industry can scale up efficiently, what asset owners and operators need to be aware of when buzzwords such as ‘digitalisation’ and ‘artificial intelligence’ are mentioned, and what the industry might learn from more mature technologies such as wind.

Despite green hydrogen’s potential for decarbonising numerous hard to abate sectors, challenges around system integration, government support and project scale must be addressed with urgency.

JP Morgan’s majority-owned multinational independent power producer (IPP) Sonnedix has brought online a 38.7MW PV plant in southern Japan, while an analyst has said the country’s solar industry continues to target cost reductions to bring it in line with global levelised cost of energy (LCOE) figures.

In this second part, we will talk about some of the companies preparing for business in the solar market in post-feed in tariff (FiT) Japan and the close links with energy storage that this market is strongly expected to rely on.

India’s Ministry of New and Renewable Energy (MNRE) has sent a letter to states regarding the spare capacities in existing substations to accommodate the rapid additions of solar capacity.

Despite a significant drop in global renewable energy investment last year, a corresponding rise in renewables deployment spelled encouraging news for the sector, according to a new UN Environment Programme (UNEP) report entitled ‘More Bang for the Buck’.