Today, the world is grappling with more than just the climate crisis, and yet even now, in the face of a global pandemic, scientists are marching on with renewable solutions. Just this month, no less than three records have been broken in solar panel efficiency. The first and the second were achieved by scientists in the United States at the National Renewable Energy Laboratory (NREL).
Science Alert 18th April 2020 read more »
Dave Elliott: Solar uptake has been driven by rapidly reducing costs, as volume production increased and technology improved. For example, back in 2017, solar auctions in Mexico yielded an unheard-of average price of $20.57/MWh, including a $17.7 bid by Enel, this beating an earlier $17.9/MWh tender for a 300 MW PV plant in Saudi Arabia. Some of these prices may be exceptional, unsustainable and locally specific (in sunny countries), but clearly prices were falling around the world. Lazarad’s 2018 global review put the Levelised Cost of Energy for utility scale PV, without subsidy, at $44/MWh, falling to $32-42/MWh for thin film systems in its 2019 review.
Renew Extra 18th April 2020 read more »