One year after the passage of the Inflation Reduction Act, federal policies help turn the page toward an economy powered by emissions-free technology and domestic manufacturing.
The rise of cost-effective TOPCon cell technology last year led to a ‘surge’ in production demand for solar n-type cell technology, with leading industry analysts TrendForce prophesying PERC cell capacities ‘may’ be phased out in two to three years.
Solar module prices have never fallen so sharply in such a short period of time. One reason for this is the “PV module glut” in warehouses in Europe, according to pvXchange’s Martin Schachinger.
Also on the rise: Solar is reliably and predictably supporting the Texas grid, carbon electrode pervoskites are advancing, and more.
A report from two senior U.S. National Renewable Energy Laboratory researchers shows the march toward an increasingly carbon-free global electricity sector.
Carbon electrode back-contacts for perovskite solar cells promise simpler, less energy-intense manufacturing, but low power conversion efficiency has held back adoption. However, this may change now, as researchers are overcoming the barriers to commercialization.
Utility-scale solar served a sizable portion of peak electricity demand in the grid, said the Institute for Energy Economics and Financial Analysis.
The Milagro Solar+Storage project is projected to create about 200 jobs during the peak of its construction phase and will generate an estimated $7.9 million in tax revenue during the facility’s operating lifetime.
Job moves in solar, storage, cleantech, utilities and energy transition finance.
Fossil fuel-powered generators are strapped with emission concerns, maintenance needs, and potential personal risk, whereas a battery-based energy storage system is safe, efficient and has a very low operating cost.
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