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Black to gold: The oil & gas majors plotting a solar revolution

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By Liam Stoker

The global decarbonisation agenda and still-tumbling costs are sending oil and gas giants and traditional energy majors into the PV market, and in a big way. Liam Stoker investigates what that means for the international solar market.

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Welcome to the latest edition of PV Tech Power. Installed solar power capacity already rivals nuclear power and could well surpass it by the end of 2018. Rapid improvements in solar cell technology, module configuration, system design and financial innovation have been a big driver. Increasingly, we are seeing this mammoth legacy fleet continue to benefit from technical improvements ranging from intelligent monitoring to using machine learning and energy storage to predict when charging a battery offers a better return than feeding the grid. We’ll explore a range of activities covering hardware and software, from module to market, that are helping asset owners maximise the value of solar.

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