Commercial & Industrial PV

Investments in renewables are hitting new highs in China, as recurrent Covid-19 outbreaks and a crisis-stricken housing market threaten the world’s second-biggest economy, according to BloombergNEF.

SMA’s Home Solutions segment was particularly badly hit as the PV inverter manufacturer struggled to meet the demand due to the shortage of materials. The sales and results in the first half of 2022 were therefore significantly worse than in 2021. The company now wants to take “a series of measures to improve its long-term ability to deliver.”

The government of Bosnia and Herzegovina’s Serb Republic has adopted a net metering scheme to facilitate the deployment of 50,000 PV rooftop PV systems on residential and commercial buildings.

India is expected to install 20 GW of new solar capacity in 2022, according to JMK Research.

Indian researchers claim that commercial buildings with LED lighting could gain energy independence by installing standalone solar-plus-storage systems. They said a 914.4 kW PV system linked to lithium-ion batteries could be enough to power an entire building with an estimated annual demand of 190,830.7 kWh.

The Indian government’s PM KUSUM Scheme supports farmers in installing standalone solar pumps and solarizing existing grid-connected agriculture pumps.

Turkey’s new provisions state that self-consumption projects and solar irrigation installations can be built without the need for construction permits.

The US Energy Information Administration expects 17.8 GW of solar capacity to be added to the grid by the end of this year.

France’s new tariffs range from €0.1951 ($0.1984)/kWh for installations below 3 kW in size to €0.1068/kWh for arrays ranging in capacity from 100 kW to 500 kW.

Rob Barnett, a senior clean energy analyst for Bloomberg, forecasts a 30% increase in global PV deployment this year, and double-digit growth through 2025.