grid parity

LONGi has formally launched its new 66-cell type Hi-Mo 4 monofacial module, taking aim at distributed solar markets around the globe.

Solar is now cheapest form of new electricity in a host of international markets, driven by cost reductions and growth of bifaciality, large-area solar modules and trackers.

Trina Solar has provided 86MW of PV modules to the Torre Antonacci project, the biggest solar farm in Italy that is operating without government subsidies or incentives of any kind.

BayWa r.e. has broken ground on a 64.6MWp solar farm in Poland – the country’s largest – as it sets sights on a 600MW portfolio in the country.

Paper by Finland’s LUT and others latest to predict bright future for hybrids, amid claims that today’s grid parity in Spain and Italy will extend to Germany and Finland by 2025.

C&I systems can already hit grid parity without need for government money across all major urban centres but profitability is mixed on a region-by-region basis, researchers say.

Firm says clean energies will catch up with fossil fuels by 2027 and race ahead by 2030, with Indian solar already cheaper and Aussie solar set to follow next year.

Enerlife and CEI Renováveis become winners of a tender renewable proponents say has dispelled notions that clean energy is costlier than fossil fuels.

Wood Mackenzie: Continent will grow to install annual 20GW within three years but shift to auctions and merchant exposure will see profitability come under pressure.

Enerparc and Themis among winners of oversubscribed PV-only 150MW tender, which awarded 204MW-plus at average prices of €0.0547/kWh.