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The company’s newest system consists of up to six BTS 5K battery modules and a three-phase ESI 5-12K-T1 inverter.

At Intersolar Europe 2024, ESS News spoke with George Hilton, research and analysis manager at S&P Global, about the state of play in the battery energy storage supply chain and falling prices. According to Hilton, the overcapacity at every level of the supply chain has led to prices that are no longer sustainable for many market players. Meanwhile, technological innovation has led to an unprecedented variety of battery storage technologies on offer, and for a great number of markets the right time to jump in is now.

As part of our Intersolar 2024 interview series, pv magazine spoke with Amy Fang, senior PV analyst at InfoLink Consulting, about new solar factories coming online and decreasing solar modules prices. She says the downward trend may continue until the first half of next year, with prices reaching $0.07/W, and estimates global module demand for this year could reach between 470 GW and 500 GW.

Dutch company offering bird-proofing solution for solar installations expands its range with a trio of launches – with high hopes that its business can take flight on commercial rooftops.

Heat pump installations are accelerating in the United Kingdom, but incentives are key to achieving future decarbonization targets, says energy certification body MCS.

At Intersolar Europe 2024, pv magazine spoke with Edurne Zoco, executive director, Clean Energy Technology at S&P Global Commodity Insights, about module price trends, increasing solar demand and PV manufacturing outside China. She claims panel prices may stabilize in the second half of this year or in early 2025 and says top seven Chinese manufacturers may even continue with capacity expansion plans. She also believes that, without further substantial incentives, Europe will not be able to recreate a domestic PV supply chain.

As part of our Intersolar 2024 interview series, pv magazine spoke with Yana Hryshko, head of Solar Supply Chain Research for Wood Mackenzie, about overcapacity, declining panel prices and expected PV demand for the next years. She revealed that Chinese module procurement schemes are currently seeing unprecedented, “ridiculously” low bids, but she also noted that the $0.08/W threshold may now be difficult to exceed. Hryshko also expects many manufacturers to backpedal on previously announced capacity expansion plans and renegotiate module supply contracts.

Intersolar 2024 marks TCL PV Tech’s debut in the overseas energy sector, where the company introduced its Smart Home Energy Solutions, commercial and financial solutions, new PV modules, and the TCL Home app. According to William Li, General Manager of Overseas Business, these innovations will help homeowners significantly reduce their levelized cost of energy (LCOE) and improve their lives through advanced technology.

Solar modules are evaluated in the Renewable Energy Test Center annual PV Module Index.

In the second interview in a series held at Intersolar 2024, pv magazine spoke with Karen Tang, editorial director for Europe at Singapore-based market research company OPIS, about the strong pressure on prices across all segments, including the downstream business. She defined the current market situation as “unhealthy” and “bleak” for the PV industry, although she acknowledged that overcapacity is also making solar extremely competitive compared to all other energy sources. Tang also expects pressure on electricity and gas prices to continue this year.