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Irena Renewable Capacity Statistics 2024: solar and wind made almost 98% of renewable energy additions in 2023

15.05.2024

Aenert news. Energy Market & Energy StatisticsAccording to the recently published Renewable Capacity Statistics 2024 Report by the International Renewable Energy Agency (IRENA), a new world record for renewable energy in the electricity sector was set in 2023 – with the addition of 473 gigawatts (GW) of renewables (+13.9%) their total global capacity reached about 3,870 GW. For several years in a row, Asia has...

First Solar, Jinko Solar, Canadian Solar. 2023Q4 Production activity results

16.04.2024

Aenert news. Energy CompaniesThe end of 2023 was marked by an unpleasant surprise for the photovoltaics industry, although the prerequisites for this had existed before. After the relative prosperity of the previous few years, a financial storm struck in 2023Q4, sending many companies into crisis. Something similar has happened in the last two years in the wind energy industry, which we have...

Improved III-V Solar Cells

17.03.2024

Aenert. Research Laboratory newsIn the PV industry, innovative manufacturing processes, new materials, solar cells, and modules designs are constantly being developed to increase the device performance and lower the final energy cost. One such innovative technology claiming an ever growing share of the solar panel market is heterojunction solar cells. Heterojunction solar cells (HJT), variously...

Silicon-based Multijunction Solar Cell Reaches Record Efficiency of 36.1 Percent

22.02.2024

Aenert. Research Laboratory newsSolar cells and solar panels are commonly used to harness the energy of the sun and convert it to electricity in an environmentally-friendly manner. However, despite their widespread application their photovoltaic energy conversion efficiency is more or less limited to 29.4 percent. To somewhat improve this limitation, they can be coated with additional materials to...

Solar cell efficiency 2023

19.02.2024

Aenert news. Technological innovationsIncreasing the efficiency of solar cells is one of the most pressing problems in solar energy. Despite the rapid development of renewable energy, it can still provide only about half of new energy needs on a global scale. The low efficiency of wind turbines and solar panels does not allow achieving a power utilization factor comparable to that of fossil fuel energy...

Longi, First Solar, Jinko Solar, Canadian Solar. 2023Q3 Production activity results

08.12.2023

Aenert news. Energy CompaniesSolar photovoltaics today represents the most dynamically developing area of renewable energy. In several countries of the world, including, for example, Chile, Australia, Hungary, Spain, the level of solar electricity generation exceeds 10% of its total volume. No one is surprised by solar photovoltaic stations with a capacity of more than one GW. At the same time,...

A Closer Look at solar photovoltaics

27.11.2023

Aenert news. Energy TrendsPhotovoltaics is one of the most dynamically developing sectors of renewable energy. In 2022, the total installed photovoltaic capacity significantly exceeded 1000 GW. A year earlier, the share of solar photovoltaics in global electricity generation from all sources reached 3.8%. Ten years ago this was hard to believe, since at that time this share did not exceed...

New Method of Solar-thermal Hydrogen Production

02.10.2023

Aenert. Research Laboratory newsOne of the most powerful sources of energy is the sun. Its rays can be captured and converted to create electricity or power processes to produce fuels which offer an alternative to hydrocarbon-derived fuels. One such fuel which can be harnessed with the help of sunlight is hydrogen. To do so, photoelectrochemical methods are often employed. Currently, photo...

Longi, First Solar, Jinko Solar, Canadian Solar. 2023Q2 Production activity results

17.09.2023

Aenert news. Energy CompaniesThe solar photovoltaics market continued its rapid development in the second quarter of 2023. According to the company, Longi global annual growth in the first half was 45%. The greatest dynamics were demonstrated by China, where almost 74.5 GW solar power capacity was installed during this period, up by 154% of the same period of 2022. Brazil, Germany and the USA...

Solar energy. Tracking mechanisms. Patent Analysis

28.08.2023

Aenert news. Invention analysisIn our earlier articles we discussed patenting trends in several general fields of solar energy production technology, including concentrating photovoltaics (30.04.2023), solar energy storage systems (05.06.2022 and 09.01.2023), and experimental and unconventional solutions (08.04.2023). Further, we also revised a set of aspects of solar tracking systems for...