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Highlights

2017 saw UK switch away from coal, gas to renewables

While they remain the dominant source of energy supply, there was a shift away from fossil fuels to renewable energy in the U.K. last year. The country is “comfortably” on track to exceed its 30% renewables target, says the government.

Sungrow opens $5.5 million 3 GW PV inverter factory in India

The Chinese solar PV inverter manufacturer officially opened its first non-domestic fab today: a 3 GW central and string inverter factory in Bengaluru, Karnataka. It is targeting a 50% market share in India in 2019, and mulling setting up an R&D center in the country. pv magazine attended the inauguration.

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Module price declines in Australia could result in $60/MWh utility-scale solar

Falling module prices could very well dramatically enhance the competitiveness of large-scale solar in Australia – pushing the price at which PV can be produced below the wholesale curve. Rystad Energy believes that with a 20-30% module price decline, as has been forecast, $60MWh utility scale solar could become the new reality.

First Solar sees manufacturing hiccups, but bookings remain strong

The thin film PV maker reports difficulties in ramping its new Series 6 product, as well as pressure from module price collapses.

Total looks to Chinese EV market

Oil and gas company Total has announced it will work alongside Shanghai-based NIO – the world’s inaugural Formula E champion – to develop products for a potentially huge electric vehicle marketplace in the populous Asian nation.

Renewables power ahead in Australia

Green Energy Markets’ latest analysis shows the National Electricity Market is on track to get 33% renewable electricity by 2020, with individual states performing well beyond that. But the report claims solar jobs will be lost unless the National Energy Guarantee’s 26% emissions reduction target is lifted.

India’s trade war will have global repercussions

India is currently the second largest market in the world for PV module demand. With China’s domestic demand frozen since the 31/5 notification, the country’s total module demand in 2018 will likely only achieve 32-34 GW. This will allow India, which may surpass 10 GW in annual demand, to reach 13% of global PV demand this year. As a result, the future of India’s trade war has become an influential factor in the global PV industry.

The figures for China’s booming PV industry will be seen with a tinge of regret

In what analysts worldwide are sure to look back on as the last golden period for global solar – at least for the immediate future – China saw more impressive figures for PV manufacturing in the first half of the year. Then the government stepped in.

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Monitoring consolidation: AlsoEnergy acquires skytron, Draker

The renewable energy software company will keep the skytron brand and platform, as well as providing services for Draker’s customers.

How can a home furnishing company succeed in solar? – Ikea interview

Having entered the solar space four years ago with residential rooftop kits, Ikea added storage to its product mix in 2017. pv magazine caught up with Signe Antvorskov Krag, Global Development Leader IKEA Home Solar Business to discuss business models, its role in the industry, and how it intends to execute the next stage of its plan: energy communities.

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