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The latest batch of energy yield results from the outdoor test field at Xi’an, China are out.
In BayWa r.e.’s new white paper, Grid parity and the solar renaissance, Dr. Benedikt Ortmann, Managing Director, BayWa r.e. Solar Projects GmbH, explains what grid parity means to him, where it’s happened and where it’s going next.
With almost 100 GW commissioned in 2018 (the same level as in 2017), the PV market was stable at a global level, writes Becquerel Institute’s Gaëtan Masson. This hides different market developments, as for example the decline of the Chinese PV market from 53 to 45 GW, and growth in other markets. The global market, exempting China, grew from 41 GW in 2016 to 46 GW in 2017, a rather big jump as it reached close to 55 GW in 2018.
The Solar Energy Industries Association’s “ambitious goal” of solar supplying 20% of U.S. electricity in 2030 looks more like a forecast, and vision for rapid decarbonization is coming from the climate movement and the American Left, not SEIA.
As the European elections approach, it will be vital to have MEPs that are committed to solar and help ensure that the lowest cost and most flexible clean energy technology is the leading contributor to the EU’s 2050 climate strategy, writes Walburga Hemetsberger, CEO of SolarPower Europe.
Over the past few years, solar energy has undergone a remarkable transformation. From its position as one mainstream energy source among many, it has now become the world’s preferred source of power, writes Martin Haupts, CEO of Phanes Group.
Europe saw the largest upswing of new PV installations over the past year, in particular after the minimum import price on modules ended. Installations grew by 23% in 2018, reaching 12 GW. IHS Markit forecasts the region to surpass 19 GW in 2019. The reason for this revived growth, writes Research & Analysis Manager Josefin Berg, is a combination of the increased cost competitiveness of PV, more initiatives outside of subsidy schemes, and new policy initiatives to meet 2020 and 2030 targets.
The 75 MW project was built by Russian developer Solar Systems LLC in Novokuybyshevsk, in the Samara oblast. The facility was mostly financed by Russian state-owned lender PJSC Sberbank.
The off-grid solar system supplier has received the finance in Rwandan francs to mitigate currency risk and expand operations in its biggest market.
Voltalia has secured a 25-year power purchase agreement from French retailer Boulanger for power generated by a 5 MW project. The off-taker has also committed to buying electricity from new wind and solar plants to be operated by the French developer.
The contraction in Chinese trade flows to the U.S. is likely to result in the dumping in India of Far Eastern electronic and electrical components as well as steel, iron, chemicals and plastic products.
The electricity produced by the floating array will power the Cable Park aquatic park, with surplus power injected into the grid. The project is part of a series of floating plants the Flemish government has been supporting since October.
Two reports have concluded rooftop solar may replace PV parks as the main growth driver in the two big Asian markets over the next decade. Support programs for utility scale PV in both countries no longer seem attractive enough.
The plant is being developed by German company Droege Energy as an unsolicited IPP project. The electricity produced by the floating array will be bought by local utility Electricity Supply Corporation of Malawi Limited (ESCOM).
After a power purchase agreement for a 125 MW solar project was announced in February, similar deals appear to be cropping up. Danish PV analysts, however, warn of the potential risks of such a model and say the green commitments of big electricity consumers may not be enough to spur growth in the segment.
The country’s PV market has heated up, a fact reflected by the number of applications submitted to the energy regulator seeking a license to generate electricity.
As India awaits the results of the world’s largest democratic election on Thursday, and the EU begins to go to the polls on the same day, pv magazine Australia considers the “miracle” victory by a right-wing Liberal-National coalition in Australia at the weekend, and finds the nation’s solar sector has little reason to rejoice.
Doping perovksite solar cells with potassium is said to eliminate interface trapping defects and mobile ion migration. ‘Hysteresis suppression’ is key for more efficient cells based on the promising material.
Europe’s most important scientific research institutes have joined forces to make perovskite solar applications more than just a dream. The European Perovskite Initiative consortium is planning to draw up a perovskite white paper.
The government has finally issued a net metering scheme for solar systems not exceeding 10 kW of generation capacity – the country’s first attempt to support small scale PV. New rules for larger, unlicensed projects have also been introduced, with the size limit for eligible systems raised to 5 MW.
The companies have invested €17 million in the project. The energy stored, in the Brandenburg project, will be used to stabilize the grid and minimize the curtailment of wind farms.
Researchers claim the cell they have developed is able to retain 90% of its efficiency after 1,000 hours under extreme light and heat conditions.
The solar plant operations business – spun out of the solar glass manufacturer – reportedly finalized its initial public offering this week. Final confirmation of the proceeds is expected on Monday.
The Chinese polysilicon producer appears to be navigating a steady path to much bigger output without loading too much debt onto its shoulders – no wonder it feels able to cock a snook at its rivals.
The latest stock market update from Hong Kong enables investors with sufficient patience to follow the money merry-go-round at the polysilicon producer.
The German solar module manufacturer has commissioned its European module factory in Georgia. The manufacturing facility can be readily expanded to about 1.2 GW and the first 500 MW phase should be fully operational in the course of the next month.
The chairman of GCL System says Beijing’s pan Asian-African-European infrastructure initiative is helping the company reduce its dependence on its domestic market.
The Swiss power group and Italian utility Evolvere have started a blockchain pilot project designed to facilitate transparent, secure peer-to-peer energy trading.
The Finnish utility has switched on a 5 MW/6.2 MWh lithium-ion battery storage system at a hydropower plant in Sweden.
Electric vehicles could account for more than half of all passenger cars and buses sold throughout the world within the next two decades, according to a new report by BloombergNEF. Sliding lithium-ion battery costs will make EVs cheaper than vehicles based on internal combustion engines by the mid- to late-2020s, the research firm says.
The Western Australian Environmental Protection Authority is seeking public input on the massive Asian Renewable Energy Hub proposed for the country’s Pilbara region.
Pumped hydro storage is highly cost competitive for large-scale energy storage, according to a report published by the San Diego County Water Authority. The report models a pumped hydro project as securing better financing terms than battery storage.
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