In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
PV module prices have fallen by around 5% to 8% across all technology classes in recent weeks. says Martin Schachinger, the founder of pvXchange.com. This means that prices are moving strongly back toward the level we saw at the beginning of the year, which can only be described as unhealthy for module producers.
The community solar company took interconnection work into its own hands, rather than relying on the electric utility. The company said it reduces both time and cost to self-perform the work.
Supply chain challenges, subsidies and tariff uncertainties are forcing the solar energy industry to find significant cost efficiencies. As older models of installed solar panels become harder to source, the growing second-life solar market helps industry find replacement panels and other equipment.
Limiting inverter output, called derating, enables installers to maintain system power rating when adding a new inverter to an existing solar installation, or to help homeowners qualify for incentives with precise power targets.
Over 5,300 jobs were lost in the month of June alone as negative policy outcome and ongoing uncertainty led to canceled projects and factories, said the E2 and the Clean Economy Tracker.
Solar project milestones and portfolio finance updates for projects small and large on both sides of the meter across the United States.
Tax credit cuts from the Republican Congressional budget bill have made more than 320 proposed solar and wind projects no longer economically viable, said the business consultancy.
In a “global tensions escalate” scenario, McKinsey expects less solar and energy storage deployment through the decade.
Solar and wind generated 40.2% of the ERCOT grid’s electricity this year through June. When coal plants shut down for unexpected maintenance, solar and wind stepped in, providing about 50% of generation during peak summer demand in the highest electricity consuming state in the union.
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