PV is increasingly becoming the cheapest energy source and therefore has become the energy source with the highest yearly capacity additions! Even in 2018, after some scepticism right after SNEC 2018, due to the announcement of the Chinese Government to stop supporting PV as intensively as in 2017, more than 100GW (109GW) have been installed worldwide (we actually bet a crate of beer on that!) and 125GW has been forecasted to be installed in 2019.
When Hitachi suspended development of its planned new nuclear power plant at Wylfa in early 2019, many thought the news would blow a hole in the country’s decarbonisation plans. But as costs continue to fall, even the UK government, not usually considered to be renewables’ closest ally, has pointed to the technologies’ role in plugging that gap. Liam Stoker looks at what might be required.
We all know about the Top 10 rankings, such as PV Tech’s annual solar cell and module supplier list, while other rankings apply covering EPC’s, inverter suppliers et al. All these help understand the ‘real’ leaders in their fields of expertise by taking some of hype out of these companies’ claims and also should identify those that continue to dominate as well as highlight up and coming competitors through to those struggling to keep market share.
The recent announcement from India’s Ministry of New & Renewable Energy (MNRE) to approve a 12GW solar scheme for central public sector undertakings (CPSUs) - crucially mandating the use of domestically sourced solar cells and modules – represents the first key step towards India finally creating a route to stimulate multi-GW expansions for new cell and module facilities.
When we established the Silicon Module Super League (SMSL) a few years ago, it was prompted by the realisation that a select group of solar PV module suppliers were moving away from the 100+ chasing pack, and firmly establishing themselves as the companies that would be the dominant players as the industry moved towards and above annual shipment levels of 100GW.
Today, energy storage projects often fail to deliver value because of economic miscalculations. These computational issues, however, can now be mitigated by applying software, analytics and machine learning, write Enrico Ladendorf and Bryce Evans of Pason Power.
PV CellTech 2019 takes place in Penang, Malaysia on 12-13 March 2019, and once again will feature keynote presentations from CTOs and heads-of-R&D from the leading multi-GW cell producers of the industry in 2019.
We hope you've enjoyed our series looking back on last year's challenges, milestone and successes and looking ahead to a busy 2019. After featuring a range of views from industry participants and experts, now it's my turn to throw out some predictions for the year ahead...