Solar Energy Market Research News

Tandem Solar Modules Can Reduce Manufacturing Costs: NREL

Increasing solar module efficiency and expanding manufacturing capacity play complementary roles in reducing the costs of metal halide perovskite/silicon tandem solar modules, according to researchers at the US Department of Energy’s National Renewable Energy Laboratory (NREL). Each cost lever can play a similar role depending on a manufacturer’s ability to scale up and improve module […]

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Imec, EnergyVille Perovskite Solar Modules Retain 78% Stability After 1 Yr

Belgium-based Imec, a partner in EnergyVille, collaborated with the University of Cyprus, to demonstrate long-term outdoor stability of perovskite solar modules. Mini-modules of 4 cm2, developed at imec/EnergyVille, were evaluated over two years in real-world conditions in Cyprus, with a power efficiency retention of 78 percent after one year, which current perovskite solar modules only […]

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IREDA Q3 Results- PAT Up 26.7% on 25% Rise In Disbursements

Indian Renewable Energy Development Agency Ltd. (IREDA) has announced its financial results for the third quarter of FY 2024-25, showcasing significant growth across key financial metrics. As the nation’s largest pure-play Green Financing NBFC, IREDA has been focusing on publishing its Quarterly Audited Financial Results quickly, in this case within just 9-days. Key Highlights of […]

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EU Solar Hits 65.5 GW, Risks Missing 2030 Target by 100 GW

The European Union (EU) solar market reached a new all-time high of 65.5 GW, but the annual growth has drastically decelerated. The market surged in the utility-scale solar market segment in 2024 at the expense of residential rooftop solar losses, found a Solar Power Europe report. The EU Market Outlook for Solar Power 2024-2028 warns […]

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CEA Report Redefines CO2 Baseline For Indian Power Sector

 Central Electricity Authority’s (CEA) latest government report on the CO2 Baseline Database for the Indian Power Sector revealed the impact of the Clean Development Mechanism (CDM) methodologies on the energy projects and on lowering the carbon intensity of the electricity grid. This report aims to provide an authentic baseline to measure emissions data and ensure […]

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ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge

A latest report by CareEdge Ratings said that the imposition of an Approved List Of Models and Manufacturers (ALMM) for solar cells in India can push solar tariffs up by up to Rs 40 paise per unit to Rs 50p/unit. The Ministry of New and Renewable Energy (MNRE) has planned to bring in ALMM for […]

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US Election May Lead To Hike In BESS Costs By 10%: Report

The latest Wood Mackenzie report shared an update on the United States (US) storage market, which installed 3.8 GW of storage capacity in Q3 2024, reflecting an 80% increase compared to Q3 2023. Among the energy storage mix, the US deployed 3,431 MW/9,188 MWh in the grid-scale segment, marking the largest capacity installation in Q3. […]

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Thinner, Taller Solar Modules Prone To Breakages: NREL Report

Glass breakage has always been a concern, but until recently, the cause has been obvious. Several changes have caused an increased risk of glass breakage changes to solar PV module design and materials. A recent study by NREL showed that some glass always break into small pieces, in a pattern that shows a clear starting […]

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90% Surge In Installations After Green Energy Open Access: IEEFA

A new report claims that regulatory clarity on green energy open access led to an upsurge in annual renewable energy installations. The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics prepared the report. The report said that the Green Energy Open Access Rules (GEOA) 2022 aided in creating new installation […]

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