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81% of renewable additions in 2023 were cheaper than fossil fuel alternatives, offering countries a compelling business and investment case to triple renewables by 2030, according to the International Renewable Energy Agency (IRENA).
Supply-chain woes push up cost of new-build solar, battery storage and onshore wind, which rises between 4% and 14% from year ago according to BloombergNEF (BNEF).
As the size of PV modules increases, the ability of a product to withstand extreme climatic conditions throughout its life cycle has been the subject of intense scrutiny within the industry.
Trina Solar has delivered its ultra-high power Vertex 670W series modules to a German customer. Series production of this 210mm module is already underway.
Fronius has added devices for small systems to its range of inverters this year. Volker Haider, Head of Product Marketing at Fronius International, explains which other solutions the company has developed and where the trends in power electronics are heading.
Building and operating new utility-scale solar PV is cheaper than running existing coal and gas-fired plants in China, India and across most of Europe according to BloombergNEF.
Due to the intensified actions taken to protect the climate, the operating costs of conventional power plants are rising. At the same time, the levelized costs of electricity, particularly for photovoltaic plants, have continued to fall.
Trina Solar continues to drive collaboration across the entire value chain to achieve full compatibility with Vertex 210mm silicon wafer modules, designed to enable 600+ watts of output.
RP Global is investing massively in the development solar PV and wind power in Poland. The first projects include five PV parks that total 180 MW.
182-millimeter module will be the mainstream choice thanks to the advantages in low power loss, better compatibility, cost optimization scheme and better reliability.
As COVID-19 hits the fossil fuel industry, a new report shows that renewable energy is more cost-effective than ever – providing an opportunity to prioritize clean energy in economic recovery packages and bring the world closer to meeting the goals of the Paris Agreement.
