Opinion & Analysis

The PV sector has significant implications for the economy, society and the environment. Positive impacts show that PV is a key contributor on the path to sustainability, and that highlighting these benefits could raise social and political acceptance in the transition to sustainable energy.

With installers who cater to African businesses making the headlines this year, Jasper Graf von Hardenberg – whose C&I solar business was recently bought by Shell – explains here how the story of the continent’s commercial and industrial (C&I) solar segment was far from an overnight success.

As part of Aurora Solar’s Empower 2022 online solar summit, Bernadette Del Chiaro, from the California Solar & Storage Association, will moderate a talk about electric utilities and how they have abused their monopoly position to discriminate against solar in the US. Here, she gives pv magazine a taste of the presentation.

With the last incumbent to enter and leave the revolving door of UK prime ministers having caused alarm by reportedly preparing plans to effectively ban big solar on farmland, Harald Överholm, CEO of clean energy company Alight, says politicians need to put discredited arguments behind them and get on with the urgent business of shoring up energy security.

When choosing a solar power plant, individuals and businesses pay the most attention to its power – after all, this will determine how much electricity will be produced. Other equipment, systems and sensors that allow monitoring and analysis of the operation of the power plant are often underestimated. But they shouldn’t be: the solar power plant will be used for several decades, so various failures and poor-quality monitoring can have a significant impact on the efficiency of electricity production.

There is a growing trend in the European renewable energy space that will likely give us a great overview of the future of the industry. As the industry scales up, we are seeing more big players emerge, who are investing in and managing multiple solar PV plants.

The Inflation Reduction Act (IRA), signed into law by US President Joe Biden, represents the single largest investment in clean energy, GHG emissions reduction, and climate resilience in the country’s history by providing around US$370 billion for green energy tax credits and other incentives to spur large-scale development of solar energy technologies to electrify the US’s digitization.

Extreme volatility and high prices recorded on energy markets, coupled with inflation, and soaring interest rates are impacting long term power purchase agreements. Still there is a way to the success and signing of contracts.

At the end of 2021, the total capacity of the solar power plants throughout the world was estimated to be 940 GW. According to the forecasts of solar association SolarPower Europe, the total capacity could reach 2 TW by 2025. With the rapidly growing popularity of solar power plants, experts predict that the next breakthrough in this sector will be smart batteries. In the future, solar power plants will not be able to operate without them.

Almost half a billion people are served by the off-grid solar industry, and a growing number of these via Pay-as-you-go (PAYGo) asset financing. For many consumers, not only is the solar product their first access to modern energy but it may also be their first access to finance. The impact of this can be huge – the 60 Decibels Energy Benchmark reveals that 92% of consumers report an improvement in quality of life after purchasing their off-grid solar (OGS) product. On the other hand, consumers of OGS are exposed to product, service, and financial risk that companies must mitigate and balance with sustainable growth objectives.