Solar Energy

Australia’s energy transition speeds up as rooftop PV records tumble

The Australian Energy Market Operator’s (AEMO) latest report shows that new records are rapidly being set for the amount of renewable energy, including grid-scale and rooftop solar, being fed into the National Electricity Market (NEM), reducing the reliance on traditional coal-fired generation. AEMO Chief Executive Officer Daniel Westerman said there were moments in time in …

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Photovoltaics can reduce economic poverty by 4.5% in China

Researchers from the University of Zurich and Wuhan University have assessed how solar energy resources affect social and economic development to reduce poverty in China, using empirical data from the country’s Photovoltaic Poverty Alleviation Project (PPAP). Through PPAP, the government provides monetary and material assistance for the installation of PV systems, which then enables poor households to …

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Solar corporate funding hits decade-long high in 2023

Solar companies raised $34.3 billion in corporate funding last year – the largest amount in a decade, according to Mercom Capital Group’s latest report on funding and merger and acquisition (M&A) activity for the sector. The overall figure accounts for 160 deals and represents a 42% year-on-year increase from 2022, when $24.1 billion was made across 175 …

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Reasons to choose lithium iron phosphate (LFP) batteries

The lithium iron phosphate ( LFP ) battery is a green battery, safe, non-toxic, pollution-free, low-carbon environmental protection, not only widely used and loved, but also promote the sustainable development of green energy. Has the following advantages: High safety performance: LFP decomposition temperature of about 600℃, even at high temperature or overcharge will not be …

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Why residential energy storage are becoming more and more popular!

There are many reasons why residential energy storage is becoming increasingly popular. Some of these reasons include: Falling Prices: The price of photovoltaic energy storage systems has dropped dramatically over the past few years, making this technology affordable for more homes. There are also subsidies from governments and energy companies. Increased awareness of environmental protection: …

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China’s monocrystalline PERC cell prices extend losses while TOPCon cells hold steady

  China’s monocrystalline PERC M10 and G12 cell prices extended losses this week, falling 4.54% and 16.69% to $0.0484/W and $0.0584/W respectively, while TOPCon M10 cells held steady at $0.0610/W. The price spread for PERC M10 cells has widened this week. As M10 cells fall to an average price of around CNY0.389 ($0.055)/W, a major …

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