World

Underwriters Laboratories (UL) says the fifth edition of its ANSI/CAN/UL 9540A standard addresses technology such as sodium-ion batteries and new use-cases including rooftop installations.

Demand for silver in the PV industry hit 197.6 million ounces in 2024, according to a new report from the Silver Institute. It says the average silver price stood at $28.27 per troy ounce last year, up from $23.35 in 2023.

Corporate funding in solar fell considerably in the first three months of this year due to policy reversals, tariff shocks and regulatory uncertainties, says a report from Mercom Capital.

Clean Energy Associates (CEA) has inspected more than 600 industrial PV systems and has found widespread safety risks, largely stemming from poor installation practices, but many issues are easily identifiable and fixable.

The new edition of the International Technology Roadmap for Photovoltaic (ITRPV), published this week, reports that average PV module prices last year dropped by 33% compared to the end of 2023.

In a new monthly column for pv magazine, the International Solar Energy Society (ISES) reveals that Sweden, Australia, Netherlands, Germany and Denmark are the leading countries for per capita solar and wind generation capacity. Furthermore, it explains that global solar capacity has been doubling every 3 years, and wind every 6 years, whereas fossil and nuclear capacity and generation have been almost static in recent years.

The Norwegian PV planning software company has released a new product for prospecting, analysis, and design of battery energy storage system (BESS) projects at the early stage.

Since 1993, the World Energy Outlook (WEO) of the International Energy Agency (IEA) has been an authoritative report on energy statistics and guiding future energy supply and demand developments. An examination of these reports, however, indicates that even the most progressive of WEO scenarios has vastly underestimated the growth of renewable energy technologies, especially solar PV.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, FOB China TOPCon below 450 W modules for spot loading were stable at $0.093/W, with price indications between $0.087-0.100/W. Furthermore, it reveals that current price increases are not being uniformly adopted across all Chinese manufacturers, with significant price differences—often several euro cents— being observed between the Top 5 and Top 10 manufacturers.

As the renewable energy sector rapidly evolves, battery energy storage systems (BESS) are emerging as a critical pillar for decarbonization. However, with capital constraints and rising market volatility, not all projects are equally viable. At ABO Energy, we’re witnessing a shift in the investment landscape, where preparedness is the key to success.