The suspension of tenders for projects ranging in size from 100 kW to 1 MW under net metering was due to an unexpectedly low number of applications and disproportionately high final tariffs for surplus power.
Under the South Korean government’s new strategy, renewables would cover up to 35% of total power demand by 2040. The government sees the potential to deploy up to 235 GW of solar and wind, but cites a lack of land and relatively low solar radiation as factors that could hinder growth.
Despite the difficulties its solar manufacturing industry faces, the Taiwanese government is ramping up its R&D efforts to measure the efficiency of what it calls “new-generation light-driven photovoltaics”.
According to Brazilian solar energy association ABSOLAR, PV project developers will be awarded “quantity contracts” in the auction to be held on June 27. The association, however, warns that changes in contract structures require adequate adaptation and correct implementation to achieve success.
The Netherlands’ Organisation for Applied Scientific Research says renewables would not only contribute to a cheaper energy system but would also create more opportunities for new business, exports and jobs – as well as a cleaner environment.
Germany’s Fraunhofer Institute for Solar Energy Systems has demonstrated combining solar generation with agricultural activity is now not only viable at lower costs, but may be particularly suitable for arid regions.
A study has highlighted that the two growth phases of solar panel manufacturing – after the 2008 global downturn and again after 2011 – coincided with higher prices for the precious metal.
Stanford professor Mark Z Jacobson has said new nuclear plants may cost up to 7.4 times more than wind and solar facilities, with construction times longer by up to 15 years. Such a delay, he said, may see an huge amount of extra carbon emissions from fossil fuel power sources. His verdict comes as China this month set new guaranteed tariffs for nuclear power.
The German panel maker said the new factory, which will add to its 525 MW facility in China, will expand its production capacity to 1 GW. With plans in the pipeline to enter the PV project business, that figure could rise to 2 GW by the end of next year.
Solar could meet approximately 68% of global energy demand with other renewables making up the rest, according to a new report. A 100% renewable energy system could also create 22 million solar jobs by 2050, the study claims. Keeping global warming below 1.5 degrees C, though, would require FITs for projects up to 40 MW in capacity, auctions for bigger systems, removing fossil fuel and nuclear subsidies and providing more education and R&D and less red tape.
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