The Dutch government is planning to reduce tariffs by 9% annually from 2023 to 2030. The plan should still ensure a reasonable payback time for homeowners willing to go solar, according to the authorities.
The Ministry of Mines and Energy has delayed auctions to procure new transmission as well as generation capacity and has not announced when they will resume.
Yulin, in Shaanxi province has brought the curtain down on around 1 GW of PV projects which are under construction. It had previously been expected the city would add around 5 GW of new solar this year.
Investors in debt-saddled PV developer GCL New Energy will have to wait at least another month before a vote on a proposed project sale to a Chinese state-owned entity which would bring benefits of $526 million.
In a recent conversation with pv magazine, Virginia Canazza, the CEO of Italian consultancy REF-E, outlined future scenarios for PV in the Italian PPA market. Projects will be delayed, as prices for gas and CO2 certificates are already low. Unsubsidized PV projects via PPAs might still be bankable, but it is unlikely that investors will risk dealing with small margins. Current capture prices do not justify investments and new entrants may wait for market stability.
pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.
State secretary for energy, João Galamba, said the planned procurement round will have to wait for markets to be less turbulent. The auction was due to be held in April. Meanwhile, a dedicated portal for future rounds has been created.
French agricultural PV specialist Sun’Agri has revealed the results of tests run on a solar plant integrated with viticulture. During heat waves, the company said, vines shaded by solar panels continued to grow and needed less water.
The nation’s cumulative installed solar capacity reached 698 MW at the end of December. Around 19,000 new PV systems were added last year.
As part of the deal, buyer Svea Solar will expand its installation of panels bought at furniture giant Ikea from its homeland to Germany, Belgium and the Netherlands. Offloading the residential business will enable London-based Solarcentury to focus on its global project ambitions.
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