Posts tagged as:

LCOE

Levelised cost of storage: A better way to compare battery value

May 23, 2017
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When it comes to choosing batteries for home or commercial battery storage, it can be difficult to sift through the multitude of options to find the IDEAL battery for your application. The options range from different operating voltages, amp-hour (Ah) storage capacities, sizes, weights, brands and – to make things even more complicated – different […]

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Global solar & wind energy costs to fall to 5-6c/kWh by 2025: IRENA

June 20, 2016
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A major new report by the International Renewable Energy Agency has predicted huge reductions in the cost renewable energy generation, that could see the average cost of electricity from solar PV and onshore wind fall to roughly 5-6 US cents per kilowatt hour by 2025. The report, published on Thursday, forecasts that by 2025, the […]

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UNSW team achieves new solar PV efficiency record of 34.5%

May 21, 2016
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A University of NSW team led by Professor Martin Green and Dr Mark Keevers has reported a new world efficiency record for solar cells using unfocused sunlight – the sort that falls on the rooftop solar modules on homes and businesses. The new record is more than 10 per cent ahead of previous achievements – […]

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How Australia can claim its large-scale solar birthright: Q&A with HST Solar

March 14, 2016
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HST Solar – formerly a manufacturer of ground-mounted dual-axis trackers – has undergone a dramatic metamorphosis into a developer of a cloud-based solar farm project management toolbox. The company claims that its software can do the work of 10-15 professionals, delivering actionable insights with regard to engineering, finance, procurement and construction – thereby seriously reducing […]

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Utility-scale PV costs have fallen 25% in the last year: Lazard report

November 24, 2015
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In its latest study, the Levellised Cost of Energy Analysis 9.0, Lazard notes that utility-scale solar PV has fallen 25 per cent in the last year alone, since its most recent study. Since 2009, when it began the analysis, solar and wind energy have fallen by 80 per cent and 60 per cent respectively. Lazard […]

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Could Aussie homes find it more economical to go off-grid? New analysis suggests ‘yes’

September 24, 2015
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In the emerging new energy landscape, the idea that a large number of households could quit the grid altogether, using rooftop solar and battery storage, is still considered an unlikely scenario.But a new report out of Hong Kong suggests grid defection may not be the economically radical idea that some, and particularly the Australian networks lobby […]

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Deutsche Bank report: Solar to overtake coal in India

July 24, 2015
Solar India

A new report from Deutsche Bank has highlighted just how dramatic India’s renewable energy revolution will be, predicting that by 2019, investment in solar alone will outstrip that of coal generation. According to Deutsche, which has described Indian government forecasts for solar as too optimistic, by its own estimates of 35GW of solar by 2020, this causes […]

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PV Magazine’s 50 ‘array changing’ technologies sure to excite the solar enthusiast

July 23, 2015
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PV Magazine has released a report outlining the 50 top ‘array changing technologies’ featured at this year’s Intersolar Europe exhibition and conference. The ‘downstream’ technologies were picked based on their ‘ability to make a major impact on solar arrays today and in the future’ by ‘driving power outputs up and LCOE down’. A complete list […]

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Berkshire Hathaway subsidiary nabs record low PV tender below 4c/kWh

July 21, 2015
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NV Energy (Nevada) and Austin Energy (Texas) last week agreed to two separate record-low solar farm PPAs below 4c/kWh. As the lower rate of the two PPA rates, NV Energy has agreed to pay 3.87c/kWh for a 100MW project developed by First Solar. NV Energy is also owned by Berkshire Hathaway, a company founded by […]

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Tesla Energy launch shakes up the energy industry

May 11, 2015
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The recent launch of Tesla Energy and the Powerwall lithium battery banks have triggered much excitement in the energy industry. The news has renewable energy supporters optimistic about a speedy transition towards a low carbon economy. The company has release three separate units: (i) a 7kWh daily-use unit ideally partnered with solar PV systems; (ii) […]

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Concentrated solar PV costs could match fossil fuel costs by 2030

February 9, 2015
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The cost of generating electricity from concentrating solar PV plants could be cheaper than that generated from fossil fuel sources by as soon as 2030, a new report has predicted. The joint report, released this week by Germany’s Fraunhofer Institute for Solar Energy Systems and the US National Renewable Energy Laboratory, says CPV technology could, […]

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SMA Fuel Save solution boosts case for PV-diesel hybrid systems

December 17, 2014
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SMA’s ‘Fuel Save’ controller solution offers effective regulation and management of PV‑diesel hybrid systems. PV-diesel hybrid systems are often the most economic choice in remote areas where an electricity grid is unavailable or when the grid supply is insufficient to meet onsite electricity demand or reliability requirements. The technology can be attractive for commercial applications, […]

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Giant outback solar farm to electrify SE Asia: an idea so crazy it might just work

September 16, 2014
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Would you believe me if I told you that we could power our nation’s energy use by covering less than 0.01% of Australia with solar panels? It sounds crazy but it’s true. In fact, we could power worldwide energy demand with just 5% of the sunlight reaching our shores. Our sunburnt country is blessed with […]

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Colourful options for India’s solar future: Beehives, pigeons, horses and/or elephants

September 3, 2014
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India has the potential to grow its solar PV capacity by more than 140GW over the next decade if it chooses the right policy path, a new report has found. The report – How should India drive its solar transformation? Beehives or Elephants, by Tata Power Solar and cleantech experts Bridge to India – argues […]

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Citigroup: Energy diversification a necessity, solar’s rise a certainty

August 15, 2014
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A leading investment bank has predicted a bright future for the global solar market, with continued rapid expansion driven by “pure economics.” In a new report from Citigroup, the bank outlines several key reasons why the outlook for solar is so positive, including improvements in efficiency and cost of capital, cheaper manufacturing, approaching grid parity, […]

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Electricity pricing structures must change to prevent mass grid defection: Energetics

August 1, 2014
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Electricity utilities and network operators risk sending Australia’s rooftop solar households off-grid in droves if pricing signals remained unchanged, a solar and energy storage expert has warned. Gordon Weiss, from Sydney-based firm Energetics, told last week’s Clean Energy Week event that the majority of solar households in Australia’s cities were exporting huge amounts of power […]

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Siva Power aims to produce lowest cost PV modules at 28¢/W

July 23, 2014
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Siva Power has announced plans to produce thin-film CIGS solar modules at a cost of US$0.28 per watt by around 2018. This figure represents the lowest manufacturing cost of any PV module worldwide. The cost reductions will primarily be enabled through economies of scale that result from establishing a 300MW production plant and the ability […]

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Solar & wind competitive with natural gas plants in US despite fracking boom: Citi

March 28, 2014

Analysts at investment bank Citi say solar PV and wind energy are becoming competitive with natural gas peaking and baseload plants in the US, despite the continuing fracking boom in that country. Citi’s new anlysis says gas prices, considered to be cheap in the US, are rising and becoming more volatile. This has made wind […]

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Cost of solar power set to fall further in next 5 years: Trina Solar

February 3, 2014
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Within five years, the average cost of solar PV will fall to around 6c/kWh – putting it on par with coal and gas fired generators in many countries, and making it cheaper to build a solar plant than a fossil fuel generator just about everywhere. The cost prediction is made by Chinese manufacturing giant Trina […]

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