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PV systems can now support grid as fossil fuels decline

A new report by the International Energy Agency’s Photovoltaics Power Systems Programme (IEA-PVPS) says that existing PV systems have the technical capabilities to provide various frequency-related grid services.

World’s highways could host 52.3 billion solar panels, say researchers

Researchers from the Chinese Academy of Sciences, Tsinghua University, Chinese Academy of Geosciences, and Columbia University have concluded that solar-covered highways could meet more than 60% of the world’s annual energy needs.

Jera Nex acquires U.S. solar sites from Lightsource bp

Jera Nex has purchased two US solar arrays totaling 395 MW from Lightsource bp. The acquisition marks Jera Nex’s first deal since it launched in April. Lightsource bp will continue to manage assets and provide maintenance services at the projects.

New discovery paves the way for more efficient perovskite solar cells

Researchers from University of Texas have used computational methods to study the formation of polarons in halide perovskites. The findings revealed topological vortices in polaron quasiparticles.

WoodMac says global solar tracker shipments grew by 28% in 2023

Global tracker shipments reached 92 GWdc last year, according to WoodMackenzies’ latest report. The US accounted for the majority of the global market, with three US-based manufacturers, Nextracker, Array Technologies and GameChange Solar, ranking as the three largest shippers in the world.

U.S. engineers develop ChatGPT algorithm to design solar cells

OptoGPT is a new algorithm that harnesses the computer architecture underpinning ChatGPT. Its creators say that it will enable researchers and engineers to design optical multilayer film structures for a wide range of applications, including solar cells.

Canadian government extends heat pump grant scheme

The provincial government of Prince Edward Island, Canada, has signed an agreement with the Canadian federal government to implement the Oil to Heat Pump Affordability (OHPA) program. The scheme offers grants to low- and medium-income households to install heat pumps and has nationally delivered more than 7,000 units to date.

S&P Global launches daily spot market price assessment for solar panels

The tool has been billed as the world’s first independent daily spot market price assessment for solar panels. S&P Global says it has been launched to aid transparency in technology pricing as solar modules become increasingly commoditized.

Solar corporate funding drops to $16.6 billion in H1

High interest rates, an uncertain rate trajectory and timeline, increasing trade barriers, supply chain challenges, concerns about the presidential election’s impact on the sector, and constantly evolving trade policies have created a climate of uncertainty.

IRENA calls 16.4% annual renewable growth to hit COP28 targets

Statistics from the International Renewable Energy Agency (IRENA) shows that if the world were to continue with a 14% annual growth rate in renewables capacity, as seen in 2023, it will fall 1.5 TW short of meeting deployment targets set at COP28.

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