On this week’s episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro discusses how the commercial implementation of new solar technology will unlock a repowering and efficiency revolution that could double the amount of solar used on the grid.

Efficiency improvements in solar cells are being introduced all the time by various research entities and industry companies who have invested heavily in developing technologies with more robust performance. The latest approach is a perovskite-based cell. That is a calcium titanium oxide mineral which researches have been investigating for use in solar cells since the early 2010’s.

China’s LONGi has seen efficiencies of between 34 – 35% more recently as they continue to develop 2-terminal monolithic perovskite based cells.

With the bulk of the global solar capacity having been installed in the past 15 years, there will be a time within the next 5 – 10 years when solar PV asset repowering will need to be undertaken. Solar asset repowering should cost less than half that wind energy asset repowering, at approximately US$175,000 / MW versus US$425,000 / MW respectively.

Have a listen today, and get in touch with your best questions about the #renewableenergy markets in any country around the world.

This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://www.intelstor.com/research-notes-subscription