Installations

The ten largest solar tracker companies accounted for 88% of the market last year, according to analyst WoodMackenzie, with the market growing 20% from 2018.

The installation will be located in the Changbin Lunwei East district. A NT$7.2 billion loan was secured from a consortium of seven banks and the solar facility is expected to be grid-connected this year.

A rebranded Singyes Solar was able to stave off a debt default meltdown last year thanks to a $200 million cash injection from the state but the turnaround appears to have come at a hefty cost in longer-term borrowings and employees.

Solar capacity is expected to grow to unthinkable levels in the tiny country, according to a new report by Netbeheer Nederland. Under one scenario in which regional governments and companies would take the lead in the energy transition, cumulative solar capacity could reach 125 GW. Under a second scenario, in which growth would be driven by the central government, total PV capacity could hit 106 GW.

EuPD Research estimates around 65,000 energy storage systems linked to rooftop PV were installed last year thanks to increasingly popular solar arrays and electric vehicles as well as rising electricity prices.

Portuguese electric utility EDP will supply power to Dutch nutrition, health and sustainable lifestyle multinational Royal DSM. The agreement relates to 59 MW of solar and wind generation capacity.

The building-integrated PV devices have taken a big leap forward on the back of a partnership between Australian scientists and a major glass manufacturer which will investigate the use of semi-transparent solar cells in commercial applications, potentially revolutionizing building design.

Dutch solar distributor Enie is offering to buy rooftop PV systems from cash-strapped owners who will then receive a monthly leasing fee before regaining ownership of the hardware a decade on. The company will pay around 85% of the initial cost of the arrays but said it will not consider systems with ‘poor’ design or components.

The Italian market saw a year-on-year increase in new installations as several unsubsidized solar parks came online. Most of last year’s new capacity arrived in November and December. The regions with largest volumes were big-solar magnets Apulia and Sardinia.

Despite Covid-19 hampering development, construction and financing Polish energy giant Tauron will start constructing a 5 MW solar project on a former coal-fired power station site.