According to a new study conducted by the Frankfurt Institute for Advanced Studies at the Goethe-University Frankfurt, a mix of solar and wind may be over 10% cheaper than power generation from new coal and nuclear plants in South Africa, even if the cost of renewables and batteries will see no further reduction from today until 2050.
The new A-4 auction will be open to thermoelectric, wind, solar and hydro large-scale power projects, which must be operational from 2022.
PERC power: As PERC settles into its position as a mainstream technology, leading module manufacturers are searching for ways to push ever more watts out of their module, and eliminate lingering degradation issues. So far this has included ramping up production capacities for half-cell modules and developing innovative new connection strategies. pv magazine looks into the latest technologies leading to gains in power output and quality at module level.
Reports from the Suniva’s bankruptcy filings indicate conversations with multiple companies that could potentially acquire the bankrupt cell and module maker.
The Tesla chief laid down the gauntlet earlier this year, confidently tweeting that his team could have the world’s largest battery online within 100 days of signing the contract. The lithium-ion South Australia project was actually completed in 60 days.
The final deadline for President Trump to impose tariffs, quotas or other sanctions on solar imports will now be January 26, following a request by the U.S. Trade Representative for more information.
On the back of high solar PV installs, which will smash records this year at just under 100 GW, BNEF’s optimistic demand forecasts place growth at 111 GW in 2018, rising to 121 GW in 2019. It further sees a polysilicon factory boom, with production 10% up on 2017; and module prices dropping to as low as US$0.30/W for market leaders.
Under the new rules, which are expected to come into force in the first quarter of 2018, owners of residential and commercial PV systems will be allowed to sell excess power to the grid under a net metering mechanism.
Although the country’s new national energy independence strategy says wind will represent 65% of its total renewable energy share by 2050, the number of households that self-generate their power (predominantly from solar) is expected to increase from 34,000 in 2020, to 500,000 in 2030.
Trina Solar may scrap planned Indian PV fab amid tumbling prices driven by solar auctions, reports Bloomberg New Energy Finance during its Shanghai summit. Demand for lithium, meanwhile, poised to reach record high on back of expected EV growth.
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