As data drifts in, 2018 is shaping up to have been a record-breaking year for battery energy storage, writes IHS Markit senior analyst Julian Jansen. Especially for front-of-the-meter projects, which experienced rapid growth. This growth was led by significant activity in South Korea, the United Kingdom, the United States, Australia, and China, which together accounted for 78% of battery energy storage projects commissioned in 2018, according to the Q4 2018 edition of the IHS Markit “Energy Storage Company and Project Database.”
Since the PV module market has already witnessed intense industrial concentration over the past few years, the top 10 manufacturers didn’t change significantly as 2018 unfolded, writes PV InfoLink Chief Analyst Corrine Lin. On the cell side, the decline of Taiwanese cell makers has Chinese cell makers filling the top three spots this year.
Situated in south-east India, the state of Andhra Pradesh is a leading producer of renewable energy with 7.2 GW of installed capacity as of December 2018. The state’s share of renewable energy as part of total capacity has trebled in the last four years from 11% in 2014 to 30% in 2018.
Antonio Delgado, founder and CEO at AleaSoft Energy Forecasting has analysed the proposal for the reform of the European electricity market, which is still to be approved by the European Parliament. Below he discusses its most relevant aspects for the wholesale electricity market.
Among n-type manufacturers, SunPower, Panasonic, and LG had the leading roles in interdigitated back contact (IBC), heterojunction (HJT), and tunnel oxidized passivated contact (TOPCon), respectively. But Chinese cells with low cost and high efficiency trends have been on the rise. In the future expansion of n-type production lines, the power of Chinese cell manufacturers and equipment makers can’t be underestimated.
Colombia is blessed with an abundance of natural resources. According to data from the Colombia’s National Mining and Energy Planning Unit, UPME and the Institute of Hydrology, Meteorology and Environmental Studies (IDEAM), hydro potential is estimated at 56 GW countrywide, while solar is close to 42 GW and wind 15 GW in the Guajira region alone. Today, hydroelectric sources make up 65% of the energy mix, while wind and solar account for just 0.11% and 0.06%, respectively. As these numbers underscore, Colombia has barely scratched the surface of its renewable potential.
MENA countries have made significant strides in recent years in the fostering of both large-scale and distributed solar market segments. However, some investors and developers may turn elsewhere for opportunities if there remains a predominance of large utility-scale projects dominated by a small number of players, writes Iwan Walters, a partner in the corporate practice of Eversheds Sutherland.
As anticipated, 2018 was a pivotal year for PV installations in Middle East and North Africa, writes Josefin Berg, Research and Analysis Manager at IHS Markit. Our end-of-year estimates show that approximately 3.6 GW of PV systems were installed in the region in 2018, compared to less than 1 GW in 2017.
Promoting the full inclusion of Indigenous peoples in Alberta’s renewable energy market is a key facet of the Alberta Climate Leadership Program. To achieve this, the Alberta Government has allocated CA$151 million, equating to around 2.8% of projected carbon levy revenues, to support Indigenous community participation in renewables over the next three years.
Having reflected on the year gone by, it is time to turn attention to the coming year. Many predictions may not fully, or even partially, bear the fruit they promise – and the unexpected is always lurking in the background – however they can be a useful indicator of certain pathways and growth areas. With this in mind, the pv magazine team has compiled a list of the top 14 solar PV and energy storage trends expected to characterize 2019. What do you think? Have we missed anything?
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