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The Solar Investors Guide is published at regular intervals.

Solar Investors Guide – ELTIF 2.0 and PPAs open doors for investment

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The updated European Long Term Investment Fund regulation broadens access to solar projects for institutional and private investors, while PPAs now offer returns independent of public subsidies.

PMT’s titanium system specialises in balancing out irregular ground

Solar parks – tough terrain no longer a deal-breaker

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Slopes and scrappy plots are no longer off-limits for PV. A new generation of mounting systems is making it easier to install in once seemingly impossible locations. Read our innovation report for insights into the new technologies.

Patrick Schmidt-Bräkling, Head of PPA Europe South-West at BayWa r.e.

BayWa r.e.: “Co-located storage is a more complex challenge”

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Patrick Schmidt-Bräkling of BayWa r.e. explores uncertainty and future prospects in Europe’s solar PPA market and co-location sector.

Our guest author, solar market expert Gerhard Scheper

China’s solar rebate rollback signals squeeze on margins

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The world’s solar markets are set for major upheaval following a subtle shift in Chinese policy – a move that was long overdue and will have painful consequences, says European Solar CEO Gerard Scheper.

Alan Greenshields (right) from ESS discusses sustainable long-term storage technology.

Solar Investors Guide #4: Long-term storage with iron flow technology

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Podcast: The Energy Center from ESS Inc. in Oregon is an iron flow storage system offering 1.16 MWh of capacity and 174 kW of maximum charge power. Housed in a single container, the modular unit suits a range of commercial and grid applications. Alan Greenshields, Director EMEA at ESS, discusses long-duration storage and the role of redox flow technology using sustainable materials like iron, salt and water.

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What is photovoltaics?

Photovoltaics (PV) refers to the generation of electrical energy from sunlight. At the heart of this process are the solar-active semiconductors known as solar cells, which capture sunlight and convert it directly into electricity.

From a technical standpoint, a PV system or solar installation functions as a generator. Here, individual solar cells are combined into a solar module, which is protected from the elements. These modules are then assembled into a larger solar generator, which can be mounted on rooftopsfaçadesopen ground or specially designed structures. The electricity generated is direct current (DC), which is converted into alternating current (AC) by an inverter. This AC power can be used directly on site or fed into the public grid via the building’s connection. The electricity is typically supplied to the local utility or grid operator.

Larger PV systems installed on open land are often called solar parks. These feed power into the grid via dedicated transformers and switchgear. In many countries special Acts and regulations govern remuneration for solar power, whether via feed-in tariffs or market premiums for direct sales to third parties.

Self-consumption can be increased by using solar power for heating waterroom heating, air conditioning or refrigeration. Battery storage systems help by storing surplus solar electricity for later use. These so-called solar batteries improve system reliability, especially when solar output dips.

Not all incoming sunlight is converted into electricity. The conversion rate depends on the intensity and wavelength of the incoming light spectrum. This ratio between usable electrical output and the maximum available solar radiation is known as efficiency.

The performance of a solar generator or storage system is defined by its output. When multiplied by the number of sunshine hours, this gives the solar yield – the amount of electricity generated per day, month or year. In addition to charging and discharging power, solar batteries are also rated by their capacity, or the amount of energy they can store. Power is measured in kilowatts (kW) or megawatts (MW), while energy and yield are expressed in kilowatt-hours (kWh) or megawatt-hours (MWh). (HS)