Agri-Photovoltaics (Agri-PV): farming & CO2-neutrality enabler

Agri-Photovoltaics denotes approaches to use agricultural areas simultaneously to produce food and to generate PV electricity. In this way, Agri-PV increases land-use efficiency and enables PV capacity to be expanded while reducing CO2 and still retaining fertile arable areas for agriculture.

Europe faces an energy shock after gas and power prices sky rocket

The wholesale exchange in Leipzig; Germany, records the highest electricity prices in more than a decade. Industry fears for its competitiveness, but consumers could also soon be affected. At 70 Euros per megawatt hour (1000 kilowatt hours), the current prices at which electricity is currently traded on the wholesale exchange in Leipzig have reached their highest level in twelve years. Since March 2020, this even corresponds to an outright doubling within one and a half years.

FRAUNHOFER ISE Photovoltaics Report: only ca. 650 MWp of solar cell manufacturing capacity in Europe at the end of 2020

Fraunhofer Institute for Solar Energy Systems ISE (Fraunhofer ISE) has published its most current Photovoltaics Report (PV Report 2021). It summarizes and documents facts about photovoltaics in the European Union and worldwide, especially the development of the photovoltaic market, solar cell and module efficiency as well as prices in the last decades. The executive summary of the report can be downloaded at: https://www.ise.fraunhofer.de/content/dam/ise/de/documents/publications/studies/Photovoltaics-Report.pdf

SNEC 2021: N-type technology dominates the show in Shanghai

The SNEC 2021 exhibition in Shanghai was as exciting as ever and full of manufacturers showcasing their latest products and reflecting the current market developments. It was observed that module power ratings have continued to rise from last year's 500W+ standard, with 600W+ now almost the industry standard and 700W+ the new target. One factor contributing to this increase in module power is the use of different technologies: half- or triple-cut cells, multi-busbar are becoming standardized, while n-type technologies such as TOPCon and heterojunction (HJT) are gaining an extraordinary strength and momentum.

The Role of Critical Minerals in Clean Energy Transition

At the present, the global energy system is in the midst of a major transition to clean energy. The efforts of an ever-expanding number of countries and companies to reduce their greenhouse gas emissions to net zero call for the massive deployment of a wide range of clean energy technologies, many of which in turn rely on critical minerals such as copper, lithium, nickel, cobalt and rare earth elements.

IEA forecasts solar PV expansion to reach 145 GW in 2021

According to the International Energy Agency (IEA), overall new renewable energy capacity rose by 45% to almost 280 GW. China accounted for 50% of renewable energy capacity growth last year and will account for 45% this year and 58% in 2022, according to the Renewable Energy Market Update - Outlook for 2021 and 2022. Globally, around 270 GW of new capacity is forecasted by IEA to be added this year and nearly 280 GW in 2022.

Solar manufacturing renaissance in Europe

According to the European Solar Manufacturing Council (ESMC), now there is a momentum for Europe not only to ensure enough of PV installations as a part of the green transformation, but also to create favorable conditions for PV manufacturing in order to benefit from added value in Europe. By creating an opportunity for the PV industry to supply the European market, Europe can be enabled to take control of its energy transition and better its resilience.

European solar production on the horizon

An increasing demand for photovoltaics, technological innovations and decreasing costs are making the manufacturing of photovoltaic products in Europe attractive. This trend is further boosted by the research and mechanical engineering expertise represented on the continent as well as problems with global supply chains induced by the COVID-19 pandemic. Despite the still tangible effects of the corona pandemic, European companies such as Meyer Burger and NexWafe are setting up new production facilities in Europe.

Africa Solar Industry Association (AFSIA) report dissects why African solar sector is growing

The Africa Solar Industry Association (AFSIA) has published its first annual Africa Solar Outlook to help solar professionals keep track and better navigate the fast-evolving solar environment across the continent.

Solar corporate funding increased globally by 24 % in 2020 (Year-over-Year)

Mercom Capital Group, llc, published its annual report on funding and merger and acquisition (M&A) activity for the solar sector in 2020. Total corporate funding into the solar sector globally, including venture capital (VC), private equity (PE), debt financing, and public market financing, came to $14.5 billion, a 24 % increase compared to the $11.7 billion raised in 2019.