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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 Institute for Energy Economics and Financial Analysis has estimated the effect on the payback period of PV systems when adding EVs and storage in Germany and Britain. In both cases, system owners are likely to reduce their payback period by significant margins as increased self-consumption can offset the incremental phase out of government incentives.
Long awaited – and even longer debated – the 1000 pages of legislation have finally been adopted by all EU institutions. Over the coming 18 months, there will be changes, some big, some small, to the markets in Europe. Across the continent, the renewable energy industry is likely to benefit.
The European Bank for Reconstruction and Development is seeking consultants for a feasibility study for the project. The plant would be constructed on land owned by the Banque du Liban.
U.S. President Donald Trump has removed Turkey from the list of developing nations that are exempted from Section 201 tariffs on PV cells and modules.
The Hong Kong listed polysilicon manufacturer is selling off solar assets to fund its thirst for production capacity expansion. The proposed sale would net the company almost $290 million to reduce its debt pile.
What was originally a landmark bill to establish rights for the owners of PV systems has made it to the floor of the California Senate in a dramatically reduced form.
The grouping, which includes UAE-based Masdar and Moroccan independent power producer Green of Africa, is planning to begin construction this year. The project is among those realized by the Moroccan Agency for Sustainable Energy, as part of the Noor Solar Plan to develop a minimum 2 GW of capacity by next year.
The government of Haiti and the World Bank have put in place a financial instrument to provide access to capital for companies active in clean off-grid energy solutions. The aim is to power 200,000 households over 10 years.
Big names in the running for 45-55 MW project in Chittagong as developers scramble to take advantage of an income tax exemption for clean energy investment that is due to expire this year.
Some 168 projects will be developed across 16 provinces free from central government subsidy. The fact the average capacity of such projects has tumbled indicates Beijing’s plan to accelerate the arrival of subsidy free solar may be on track.
Researchers at the University of California, San Diego – with the help of the university’s Comet supercomputer – modelled thousands of halide compounds to come up with a shortlist of 13 materials that could be candidates for the efficient solar cell materials of the future.
The solar-plus-storage combination is super-charging the deployment of batteries across the country and IHS Markit says the U.S. will become the largest market for grid-tied energy storage this year.
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.
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.
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 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 fossil fuel company will partner with Slovakia’s InoBat to develop hydrogen-related projects in central and eastern Europe. Sourcing and supply of hydrogen will be the main focus of the cooperation.
The off-grid solar system supplier has received the finance in Rwandan francs to mitigate currency risk and expand operations in its biggest market.
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.
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.
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