The organization’s short-term energy outlook forecasts that 10.3 GW-AC of solar will be installed in 2019, a 7% growth from 2018 – but for 60% of this solar to come online in December.
Examining the results of France’s latest solar PV tender, Finergreen says that Engie has secured the largest share of the 727.9 MWp awarded this week. Overall, 103 projects were awarded under three categories for average tariffs of between €52.1/MWh and 83.8/MWh.
As the debate heats up before Friday’s meeting between federal, state, territory and local government energy ministers in Australia, the Victoria authority has issued a last-minute call to redraft the proposed National Energy Guarantee, and the Australian Capital Territory has redefined its NEG approval condition with regard to the emissions target. Meanwhile, Australia’s energy bodies have taken separate paths.
The Minister for New and Renewable Energy has waved aside complaints about safeguarding duties by telling India’s upper house the nation’s ambitious four-year solar target is ‘comfortably’ within reach.
Cumulative PV capacity installed under the scheme reached 90 MW at the end of June. Of this capacity, around 27 MW were deployed in the second quarter alone.
The U.S. firm expects France will reach a cumulative capacity of 28 GW by 2027, 3 GW more than previously forecast. The reasons for the increase are the renewed efforts of the French government to push for more solar, and the solar plans of big energy players such as EDF and Total.
The social media titan is the world’s biggest corporate buyer of renewable energy so far this year. BNEF figures show the company has already secured 1.1 GW of green power this year, helping the corporate world break last year’s landmark.
According to a new report published by consultancy Greener, the price of DG systems keeps falling in Brazil and total installed capacity has surpassed 308 MW. In the first half of the year, newly installed capacity was around 126 MW – more than the country installed in all of last year.
The company has experienced continued growth and after the acquisition of a UPS supplier – as well the potential for Chinese power electronics manufacturers to suffer under proposed new inverter tariffs – SolarEdge feels confident of continued growth.
Despite safeguard tariffs against certain imports of solar PV products into India, Chinese manufactured modules will remain competitive, says TrendForce. It further anticipates PV demand falling 30% in fiscal year 2018 in India, while cost pressures will mount for EPCs and project developers.
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