Also in the brief: battery energy storage is getting cheaper, but how much deployment is too much? GCube Insurance is issuing a renewed warning to renewable energy asset owners about cyberattacks, REC Group’s flagship REC Alpha solar panel has won the Intersolar Award 2020 for photovoltaics, and more.
The PV inverter market achieved record shipments in 2019, writes IHS Markit’s Miguel de Jesus, driven by booming shipments in key markets such as the United States, Spain, Latin America, Ukraine and Vietnam. Revenue rose rapidly, surpassing the $9 billion mark in 2019 for the first time.
Can this technology be commercialized? A partnership between Siemens Energy and EnergyNest to develop thermal storage solutions together is the latest development in an industry with lots of potential, but little practical application thus far.
The Chinese manufacturer has debuted two models in the new bifacial, double-glass series to join the scramble for a slice of the 500 W-plus market and to stake its claim to set the 182mm, M10 wafer adopted as the industry standard.
The EU-funded Nextbase project aims to manufacture heterojunction, interdigitated back-contact solar modules for less than €0.275/W. Solar panels featuring the Nextbase cell tech are expected to have a conversion efficiency of 23.2%, according to the European Commission.
Eos has executed a letter of intent for a merger with a SPAC — which would result in Eos becoming a publicly listed company. Investors seem fascinated by energy storage this year, the long-duration variety in particular.
New research from Wood Mackenzie shows that overall system costs for installations using mono PERC modules are set to fall by as much as 20% by 2025.
Product piracy is a well-known threat in many industries, and in solar the risk posed by poor quality products from disreputable manufacturers making their way onto rooftops and other PV installations should not be underestimated. With manufacturers investing in solutions to protect against inferior products bearing their logo, pv magazine looks at the size of the problem.
Also African microgrids, $200 million for solid-state batteries, $20 million for utility field safety, billions for infrastructure, and millions for deep tech.
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