Solar Technology Advancements - Bigger, More Efficient and Higher Yield

Solar PV modules are becoming bigger and better. The power rating of a typical solar PV panel has increased from less then 300 W in 2010 to more than 600 W in 2022. PV panel efficiency has increased from less than 15% to more 22% for the same period for certain PV panel technologies. Solar Inverters and some of the other components have also seen tremendous technological improvements. In this session, the latest advancements in terms of improvement in efficiencies of mature technologies, performance of nascent technologies and introduction of promising new technologies will be covered.

The specific topics to be discussed will include

• What is the anticipated year-on-year improvements in module technologies?
• How do Bifacial modules perform in comparison to monofacial PV technology? What are the promising new PV technologies in the horizon?
• What are the breakthrough advancements in Inverter technologies?
• Does the cost-benefit analysis favour trackers relative to fixed mounting structures?