Solar Energy Market Research News

Global Solar Market to Reach Over 106GW in 2018, TrendForce Forecasts

Global solar demand in 2018 is expected to reach 105.88 GW, up from roughly 100 GW in 2017, driven by two installation rushes in China and e recovery on the European market. This is a forecast by EnergyTrend, the green energy research division of Taiwan’s TrendForce. It said today quarterly installations will remain above the […]

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New Breakthrough Boosts Solar Fuel Efficiency

Scientists of University of Twente have made significant efficiency improvements to the technology used to generate solar fuels. This involves the direct conversion of energy from sunlight into a usable fuel (in this case, hydrogen). Using only earthabundant materials, they developed the most efficient conversion method to date. The trick was to decouple the site […]

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Laser Evaporation Technology to Create New Solar Materials

A team of materials scientists at Duke University in the US has developed a new laser evaporation technique to create new hybrid thin-film materials that could be used to make solar cells, light-emitting diodes and photodetectors. The research team described their methods in the journal ACS Energy Letters. As Duke explains, Perovskites are a class […]

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Perovskite Solar Cells Achieve New Efficiency Breakthrough Says Research

A new study from researchers at the Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) and the University of Texas at Austin reveals information about how perovskite solar cells degrade, which could enable improvements in performance and durability. Highly efficient at converting sunlight to electricity, perovskite solar cells have emerged as a revolutionary new […]

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Global Concentrated Photovoltaic (CPV) Market Analysis to 2025: Market is Expected to Reach USD 6.35 Billion

The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1 percent. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints. CPV technology is yet to gain worldwide acceptance and manufacturers are constantly […]

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IHS Markit: Global Solar Installations to Pass 100GW in 2018

Market analyst IHS Markit has issued its first forecast for 2018 installations. It expects the global market to surpass the 100 GW mark for the first time ever, hitting 108GW. IHS Markit is predicting another recording breaking year for solar in 2018, forecasting installations to hit 108 GW by the end of the year. The […]

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Solar Powered Car Market Volume Analysis, Size, Share and Key Trends 2017-2025

Solar powered cars are vehicles that are completely or partly powered by solar energy. Such cars contain photovoltaic cells which are part of solar panels that convert solar energy into electric energy and help to power the vehicle. Currently, solar power cars use this electricity in two ways- Electricity powers the vehicle to move and […]

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UNIST Researchers Develop Highly Stable Perovskite Solar Cells

A recent study, affiliated with UNIST has presented highly stable perovskite solar cells (PSCs), using edged-selectively fluorine (F) functionalized graphene nano-platelets (EFGnPs). This breakthrough has gotten much attention as it is made out of fluorine, a low-cost alternative to gold. This study has been jointly led by Professor Jin Young Kim in the School of […]

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Battery Costs in Stationary Energy Could Fall by up to 66%, Grow 17-Fold by 2030: IRENA

The cost of battery storage for stationary applications could fall by up to 66 per cent by 2030, according to a new report published by the International Renewable Energy Agency (IRENA). The falling price of batteries could stimulate 17-fold growth of installed battery storage, opening up a number of new commercial and economic opportunities, the […]

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