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Solar Power Is Dirt-Cheap and About to Get Even More Powerful


Solar Power Is Dirt-Cheap and About to Get Even More Powerful
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(Bloomberg) The solar industry has spent decades slashing the cost of generating electricity direct from the sun. Now it’s focusing on making panels even more powerful.
With savings in equipment manufacturing hitting a plateau, and more recently pressured by rising prices of raw materials, producers are stepping up work on advances in technology building better components and employing increasingly sophisticated designs to generate more electricity from the same-sized solar farms. 
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“The first 20 years in the 21st century saw huge reductions in module prices, but the speed of the reduction started to level off noticeably in the past two years,” said Xiaojing Sun, global solar research leader at Wood Mackenzie Ltd. “Fortunately, new technologies will create further cost-of-electricity reductions.” ....

South Korea , Kim Dohyung , Wood Mackenzie Sun , Dan Murtaugh , Xiaojing Sun , Korea Electric Power Corp , Wood Mackenzie Ltd , Wuxi Utmolight Technology Co , Postmedia Network Inc , Risen Energy Co , Wood Mackenzie , Jenny Chase , China Based Risen Energy , Wuxi Utmolight Technology , Postmedia Network , Street East , தெற்கு கொரியா , மரம் மெக்கன்சி சூரியன் , டான் மூர்தௌஉக் , கொரியா மின்சார பவர் கார்ப் , மரம் மெக்கன்சி லிமிடெட் , உயர்ந்தது ஆற்றல் இணை , மரம் மெக்கன்சி , ஜென்னி துரத்து , தெரு கிழக்கு ,

Already dirt-cheap, solar power is about to get even more powerful


Jul 6, 2021
The solar industry has spent decades slashing the cost of generating electricity directly from the sun. Now it’s focusing on making panels even more powerful.
With savings in equipment manufacturing hitting a plateau, and pressured more recently by rising prices of raw materials, producers are stepping up work on advances in technology building better components and employing increasingly sophisticated designs to generate more electricity from the same-sized solar farms.
The first 20 years in the 21st century saw huge reductions in module prices, but the speed of the reduction started to level off noticeably in the past two years,” said Xiaojing Sun, global solar research leader at Wood Mackenzie Ltd. Fortunately, new technologies will create further cost-of-electricity reductions.” ....

South Korea , Kim Dohyung , Wood Mackenzie Sun , Xiaojing Sun , Korea Electric Power Corp , Wood Mackenzie Ltd , Wuxi Utmolight Technology Co , Risen Energy Co , Wood Mackenzie , Jenny Chase , China Based Risen Energy , Wuxi Utmolight Technology , தெற்கு கொரியா , மரம் மெக்கன்சி சூரியன் , கொரியா மின்சார பவர் கார்ப் , மரம் மெக்கன்சி லிமிடெட் , உயர்ந்தது ஆற்றல் இணை , மரம் மெக்கன்சி , ஜென்னி துரத்து ,

Solar Power Is Dirt-Cheap and About to Get Even More Po...


With savings in equipment manufacturing hitting a plateau, and more recently pressured by rising prices of raw materials, producers are stepping up work on advances in technology building better components and employing increasingly sophisticated designs to generate more electricity from the same-sized solar farms.
“The first 20 years in the 21st century saw huge reductions in module prices, but the speed of the reduction started to level off noticeably in the past two years,” said Xiaojing Sun, global solar research leader at Wood Mackenzie Ltd. “Fortunately, new technologies will create further cost-of-electricity reductions.”
A push for more powerful solar equipment underscores how further cost reductions remain essential to advance the shift away from fossil fuels. While grid-sized solar farms are now typically cheaper than even the most advanced coal or gas-fired plants, additional savings will be required to pair clean energy sources with the expensive ....

Taejon Gwangyoksi , South Korea , Qilai Shen Bloomberg , Kim Dohyung , Wood Mackenzie Sun , Seongjoon Cho Bloomberg , Xiaojing Sun , Korea Electric Power Corp , Research Institute , Wood Mackenzie Ltd , Wuxi Utmolight Technology Co , Risen Energy Co , Longi Green Energy Technology Co , China Three Gorges Corp , Wood Mackenzie , Jenny Chase , China Based Risen Energy , Wuxi Utmolight Technology , Solar Powered Future Is Being Assembled , Longi Green Energy Technology , தெற்கு கொரியா , மரம் மெக்கன்சி சூரியன் , கொரியா மின்சார பவர் கார்ப் , ஆராய்ச்சி நிறுவனம் , மரம் மெக்கன்சி லிமிடெட் , உயர்ந்தது ஆற்றல் இணை ,