There has been a major shift in designs and formats of PV modules leading to big jumps in power ratings and subsequently higher energy yields and lower project costs. Manufacturers have been announcing modules with power ratings of more than 500W or even 600W.
As an example, let us take a closer look at the new technologies that are wrapped up in Canadian Solar?s new Series 7 modules, designed to reduce the LCOE for solar plants and set the stage for global grid parity. With power ratings up to 665 W, Series 7 modules open the door to further optimizations at several levels, promising lower LCOE and a higher return on investment without creating additional challenges for installers or components suppliers.