Intersolar Europe 2023 was a blast for PVcase. Its Bauhaus-styled yellow booth was always crowded, and the new tools attracted enormous attention. Highly successful participation also marked our first collaboration with the recently acquired Anderson Optimization company, whose team also participated in the trade show along with PVcase.
The Intersolar trade show and the conference took place from the 13th to 16th of June in Munich, Germany, and attracted all the major solar market players from all across the globe. In addition to this, PVcase also organized its own customer education seminar, SmartUp’23, that took place just before Intersolar. Moreover, our R&D specialist Algirdas Ducinskas delivered a presentation on digital twin technology called “Utility-Scale Solar Power II: Quality, Reliability & Performance.”
Let’s explore the key highlights of our team’s experiences at Intersolar.
PVcase at Intersolar
The Intersolar attendance record was hit again. Last year the organizers expected 60000, but they got 75000 guests. This year, they expected 850000, while 100,000 visitors participated in the show. As usual, PVcase socks were among the most sought merch items.
Intersolar 2023 will bring PVcase an influx of new customers and make the brand even more visible. Povilas Sumskas, PVcase’s Head of Outbound, said: “We had expected the show to be busy, but we couldn’t imagine it would be that busy. It was so swamped that those three days were buzzing. Usually, when we go to conferences, we see the changes throughout different parts of the day. But now, it was consistently hectic throughout the day, and people were also very interested in our booth design. It proved to be the ideal time and place for us to showcase our product.”
Povilas also highlighted the tremendous interest sparked by PVcase’s soon-to-be-launched Roof Mount and Yield tools, as well as Anderson Optimization integration.
Volha Vziatkina, PVcase’s Marketing Events Manager, was also very positive: “Given last year’s experience, we expected our booth to be jam-packed. But the busy we imagined, and the busy we actually had was next level. I don’t think I ever saw a single person not having a conversation, not giving a demo. At some point, we saw 27 demos or conversations within the booth. So literally every corner, every station, and every person was busy. Our booth also left a lasting impression on people, who were fascinated and even took photos.”
Key takeaways from the conference
Get a glimpse into the Intersolar conference through the lens of PVcase’s market insights team, who have gathered several important takeaways.
Global solar market and long-term outlook
– According to SolarPower Europe (SPE), 239 GW of solar were grid-connected globally in 2022 (45% year-over-year growth). This is lower than the 252 GW estimated by BNEF. 2022 was characterized by the stabilization of supply chains and an energy crisis. Moreover, many discover solar as a hedge against soaring energy prices.
– Under its Medium scenario, SPE expects solar installations to grow to 341 GW by 2023 (while BNEF numbers are 344 GW) and reach 615 by 2027 (BNEF — 529 GW). The high scenario could see almost 800 GW installed in 2027 (BNEF — 570 GW).
– Research community sees between 14 and 80 TW by 2050, up from 1.2 TW at the end of 2022. The most likely scenario is between 60 and 80 TW by 2050, while the 2030s expect a 3.7 TW annual market.
Hybrid projects
– A conference session showcased 18 concrete hybrid projects (1 hydro-floating, 13 solar with battery energy storage system (BESS), two solar-wind, one solar-wind with BESS, and one agrivoltaic with BESS).
Hybrid market outlook
– Colocating renewable energy (RE) and BESS could become the new normal across all markets.
– Near 30% renewable energy injection could be perfect for rolling out hybrid PV+BESS.
– Cumulative front-of-the-meter battery plants are expected to grow from about 50 GWh in 2023 to 300 GWh in 2031.
Advantages of hybrid projects
– Provision of ancillary Services and short-term (< 1h) stability.
– Improved participation in Spot market Trading – hourly equalization of demand and supply
‘PV + battery revenue stacking.
– Optimized grid connections, increased RE technology mix in the power system, and integration of more variable RE through storage.
– Operational advantages such as firmer output, reduced O&M cost, and higher capacity factor.
– The reduction of curtailment.
Agrivoltaics
– Launch of V2 of the Agrisolar Best Practice Guidelines.
– Agri-PV installed on 10% of the EU’s Utilised Agricultural Area (UAA) could reach an installed capacity between 3 and 14 TWp. However, there is still no aggregate data on the size of the agrivoltaic market, neither in Europe nor the world.
Summary
Overall, Intersolar Europe 2023 was another major leap for PVcase. Our Bauhaus-styled pavilion attracted many different people from the industry that were interested in the demos of our products. Moreover, the trade show left a positive impact and provided the company with new possibilities for growth in the global solar market. We’ll work hard to return even bigger next year.
Feel free to share your ideas with us for our next year’s Intersolar edition.
You might also be interested in:
April 29, 2024
How policy can shape future solar energy expansion
Policymakers and regulatory organizations must actively support solar power's growth and renewable energy advancement. Read the article to learn how.
April 25, 2024
Shading Analysis: advanced feature for C&I roof-mount solar projects is live
Shading Analysis is live! Read the article to learn about benefits, capabilities of the tool, and how it can help users and decision-makers.
April 9, 2024
PVcase wins the BNEF Pioneer Award 2024 for innovative solar design solutions
We won the prestigious 2024 BNEF Pioneers Award! Find out how our software contributes to relieving bottlenecks in the deployment of clean power.
March 29, 2024
Sustainable cities: what urban living of the future might look like
From clean energy to green bonds and renewable energy stocks, there are many ways you can invest your money in a sustainable future. Find them out by reading the article.
March 22, 2024
8 ways to invest your money in a sustainable future
From clean energy to green bonds and renewable energy stocks, there are many ways you can invest your money in a sustainable future. Find them out by reading the article.
March 21, 2024
8 business opportunities in renewable energy
There are many potentially lucrative business opportunities in renewable energy. Learn how you can use these opportunities to make money while contributing to the green…
March 20, 2024
The costs of obsolescence in renewable energy
Solar and wind power are key for sustainability, but the technology lifecycle come with hidden economic costs and obsolescence risks. Learn about these challenges related to…
March 19, 2024
How to harness the power of the sun in everyday life
Solar power is a valuable asset for individuals and communities employed for an ever-expanding range of daily applications. While many applications for solar power are well known…
March 15, 2024
10 ways AI is helping solve climate change
Climate change is a growing concern, and as such, there have been many efforts to find ways that technology can help minimize climate change and the damage that it may inflict. AI…
March 13, 2024
11 strategies to make your products greener
Many companies are feeling pressure from consumers and compliance standards to ensure that their products are eco-friendly. Additionally, efforts to increase the sustainability of…
March 12, 2024
Sustainable chic: how the green revolution is shaping art and fashion
As eco-friendliness becomes a growing concern for many around the world, efforts to improve sustainability in different areas of our lives are increasingly common. These shifts…
March 8, 2024
PVcase in the Financial Times list of 1000 Europe’s fastest-growing companies ranking at #104
Far from just making it through, PVcase was recognized, landing the #104 spot on FT1000 — the annual Financial Times list of Europe's 1000 fastest-growing companies.
March 8, 2024
10 technology challenges for the next generation of inventors to solve
An inventor's job is rarely easy in the first place, but the challenges posed by shifts in technology and culture complicate the invention process even further. As such, it’s…
March 7, 2024
Why good design is key to truly sustainable energy
Sustainable energy production relies on efficient, dependable and low-impact systems that balance local needs with global goals. Technological advancement is one means of…
March 5, 2024
What’s the difference between commercial solar design and utility-scale solar design?
Utility-scale solar projects are designed for utility companies, while commercial projects are built to supply corporate organizations. Each type of solar project comes with its…