A new report has shown that large-scale solar PV and onshore wind are now the cheapest form of new-build energy generation across two-thirds of the world’s population. The BloombergNEF […]
Tag: LCOE
What’s the current levelised cost of energy (LCOE) for solar in Australia?
Solar is affordable in Australia – possibly more affordable than anywhere else in the world. But as much as sunlight may seem like ‘free energy’, you actually pay for the […]
Levelised cost of storage: A better way to compare battery value
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 […]
Global solar & wind energy costs to fall to 5-6c/kWh by 2025: IRENA
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 […]
UNSW team achieves new solar PV efficiency record of 34.5%
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 […]
How Australia can claim its large-scale solar birthright: Q&A with HST Solar
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 […]
Utility-scale PV costs have fallen 25% in the last year: Lazard report
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 […]
Could Aussie homes find it more economical to go off-grid? New analysis suggests ‘yes’
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 […]
Deutsche Bank report: Solar to overtake coal in 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. […]
PV Magazine’s 50 ‘array changing’ technologies sure to excite the solar enthusiast
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 […]
Berkshire Hathaway subsidiary nabs record low PV tender below 4c/kWh
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 […]
Tesla Energy launch shakes up the energy industry
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 […]
Concentrated solar PV costs could match fossil fuel costs by 2030
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. […]
SMA Fuel Save solution boosts case for PV-diesel hybrid systems
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 […]
Giant outback solar farm to electrify SE Asia: an idea so crazy it might just work
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 […]
Colourful options for India’s solar future: Beehives, pigeons, horses and/or elephants
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. […]
Citigroup: Energy diversification a necessity, solar’s rise a certainty
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 […]
Electricity pricing structures must change to prevent mass grid defection: Energetics
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 […]
Siva Power aims to produce lowest cost PV modules at 28¢/W
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 […]
Solar & wind competitive with natural gas plants in US despite fracking boom: Citi
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 […]
Cost of solar power set to fall further in next 5 years: Trina Solar
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 […]
