Costs have tumbled to such an extent that new-build LCOEs are catching up with marginal costs of non-renewables, says firm in update that finds storage is too becoming more competitive.
Decade-long plummeting of renewable costs as nuclear became pricier means new solar and wind are the cheaper, time-efficient ally against climate change, new study says.
SPONSORED: In the last decade, the PV market has gone through some incredible transformations. SolarEdge's Lior Handelsman argues that one new shift could be the use of module-level power electronics for utility-scale solar plants.
Indian solar tariffs have matched their lowest ever in the most recent 2GW and 3GW auctions for Interstate Transmission System (ISTS)-connected projects. Payal Saxena and Ali Imran Naqvi of advisory and engineering firm Gensol Group, decipher how such low prices are possible.
Advisory and certification house DNV GL is supporting Turkish plans to source 30% of total electricity generated in the country from renewable sources, carrying out a feasibility study for combinations of solar PV and energy storage.
HeliosLite has developed a disruptive PV tracker based on a patent pending 1.5 axis kinetic capturing more energy than 1 axis horizontal trackers without sacrificing cost effectiveness. This disruptive PV tracking solution boasts higher energy output than 1 axis horizontal trackers and is said to bring cost-effective tracking to decentralized PV plants.
BP has modelled for solar in the US to deploy at levelised costs of around US5¢/kWh by 2040, despite solar already hitting those prices in much of the country.
