bifacial

Fotowatio Renewable Ventures (FRV) has lined up finance for a major bifacial solar project it will develop in Mexico’s centre without the help of subsidies.

Spanish developer and utility Iberdrola is waiting for project approval from the Castilla-La Mancha government to move ahead with four utility-scale solar PV facilities in the central Spanish region.

A spokeswoman from the Chinese manufacturer of the Swan series of double-sided solar panels says monofacial modules will soon be consigned to residential use as the price gap between them and higher-yielding bifacial products rapidly closes.

Enel Green Power has reached another development milestone in Latin America, rolling out the first components of what it says is Chile’s largest solar project to enter construction to date.

Enel has hit yet another deployment milestone with what it bills as Latin America’s biggest solar plant under construction, a project it is building in Brazil’s northeast.

The state-owned State Power Investment Corp Ltd has received a bid of 25 cents per watt for monocrystalline panels in a tender to procure 3.04 GW of PV module capacity.

The Chinese manufacturer is forging ahead with a new gigafactory despite a regulatory decision last year which halted its plans to raise a significant chunk of the costs by issuing convertible bonds. Risen expects to be back on the upswing when it confirms its first-half figures.

Following up on the webinar held with Trina Solar about the new algorithms needed for bifacial and tracking installations, the word is that gains of 20-30% are not unlikely. To attain that, however, the sweet spot of front and rear side yield has to be reached. Trina has showcased a new algorithm alongside its bifacial n-type modules and claims it can do just that.

Six months after settling claims in the Chapter 11 bankruptcy case of its U.S. distribution subsidiary, the Chinese PV maker says it has signed more than 500 MW of U.S. module supply contracts.

PV technology has made significant progress in a short amount of time, leaving solar enthusiasts chuffed. Opponents, on the other hand, brand it as unworkable boondoggle, surviving on the crutches of subsidies and only salving the conscience of the green-minded companies cosseted by political forces. The naysayers do have partial truth in their argument - governments the world over have been supporting the growth of this child with the moniker “solar” with public finances. So, this is the partial truth and the enthusiasts have just enough firepower to say that all energy is, after all, subsidised one way or another – in terms of uncompensated costs of air pollution, congestion and global warming and the consequential irreversible damage these fossil fuels have done to the planet. Perhaps more important and statistically relevant is a report published by the IMF in 2015, which had pegged subsidies to fossil fuels at US$5.3 trillion.