KRICT sets world record with 20.6% efficiency for large-area perovskite cells
The Korea Research Institute of Chemical Technology (KRICT) has set a world record for power conversion efficiency at 20.6% for large-area perovskite solar cells exceeding 200 cm². The result, confirmed by Germany’s Fraunhofer Institute for Solar Energy Systems ISE (Fraunhofer ISE), marks a significant milestone in solar cell technology.
Australia hits 4 million rooftop PV installations, reaching 25 GW of capacity
Australia has recorded its 4 millionth rooftop solar installation, maintaining its status as a world leader with 25 GW of total capacity, surpassing the amount of nationwide coal generation.
Digital twin for autonomous aerial monitoring of PV power plants
An international research team has created a digital twin that purportedly enables analysis of different scenarios on PV plants’ aerial monitoring. The new tool is claimed to reduce the risk associated with real-world experimentation and help identify the most effective strategies to improve PV system monitoring.
Indium-free chalcopyrite solar cell achieves 12.25% efficiency
Japanese scientists have developed a wide-bandgap chalcopyrite solar cell that can reportedly achieve high open-circuit voltage and fill factor values. The device is intended for use in top cell applications in tandem devices.
Solar modules now selling for less than €0.06/W in Europe
Solar module prices reached a new low this week, says Leen van Bellen, business development manager Europe for Search4Solar, a European purchasing and selling platform for solar products. He tells pv magazine that prices will remain low in the short term.
Ireland’s battery storage fleet to grow to 13.5 GWh by 2030
Cornwall Insight calculates that Ireland’s battery storage capacity will reach 13.5 GWh by 2030, up from 2.7 GWh in 2025.
South Africa’s tax authority opens solar systems tender
South Africa’s revenue department is seeking bidders for the engineering, design and installation of solar panel systems at its offices across the country. The deadline for applications is Dec. 9.
Global installed PV capacity tops 2 TW
The Global Solar Council says global installed photovoltaic capacity has surpassed 2 TW. The organization says an additional 4 TW of solar capacity will likely be deployed by 2030.
Solar underpins record high industrial demand for silver
The Silver Institute and Metals Focus says global silver demand in 2024 will largely grow due to gains from green economy applications, especially the PV sector. It expects the global silver market to show a physical deficit of around 182 million ounces in 2024, marking the fourth consecutive year of shortfall.
Azerbaijan breaks ground on 240 MW solar plant
Work is underway on a 240 MW solar project in southwestern Azerbaijan following the signing of an investment agreement and land lease agreement. It is being developed under an executive agreement between the Azerbaijan Ministry of Energy and energy giant BP.
