Leading thin-film module manufacuturer First Solar revealed its new-to-the-market and highly-anticipated Series 5 thin-film PV module at Intersolar last week.
Zambia set a new benchmark for low-cost solar power in Africa on Monday with a competitive auction under the ‘Scaling Solar’ programme, which saw winning bids as low as 6.02 cents/kWh.
The North American single-axis tracker market has increased by over 100%, year-over-year, to reach US$1.2 billion in 2015, and is forecasted to grow 20% to US$1.4 billion this year – according to new analysis by IHS.
Everyone in the industry knows the price of solar continues to fall in most global sectors, inching closer to – or reaching – parity with other energy sources, both renewable and carbonaceous. But when a well-respected market researcher says prices are falling in real time in some regions, that attention-grabbing statement is not something one usually hears in any timeline.
First Solar has entered into a framework agreement with a subsidiary of Silicon Ranch, one of the US’ leading solar project developers, to supply 230MW worth of modules for future projects.
Leading thin-film producer First Solar is planning a major revamp of its next-generation CdTe modules by introducing a new suite of production lines capable of producing large-area (1.2m x 1.8m) ‘Series 6’ modules with 400W output and significantly lower production costs currently achievable with its smaller form factor modules.