Residential PV

Trade body SolarPower Europe’s preliminary statistics suggest this could be the continent’s best year for PV since 2010, with capacity additions set to soar 104% year on year. Spain is leading the way with an expected 4.7 GW of new solar, followed by Germany, with 4 GW.

The draft feed-in tariff scheme should be approved by the end of the month. Payments for residential solar systems are expected to fall only 0.34% but those for utility scale solar may be reduced by 2.2%. An increase is set to be granted to projects in remote areas and also to those which rely on high-efficiency modules.

Tesla was once the unquestioned leader in the U.S. residential rooftop market with a market share of around 33 percent, but today, the company is No. 3, and its market share during the first quarter was a little more than 6 percent.

Spanish researchers are proposing a customer-driven method described as an intuitive tool for investors and engineers to assess how self-consumption from solar generation can be profitable. The method is said to take into account economic parameters such as taxes, depreciation and the cost of financing.

Solar electricity production increased by almost 9.2% in the January-September period, but installations barely changed from the first nine months of the preceding year.

A group of scientists is proposing a new metric – the value of efficiency – to calculate the maximum allowable cost to increase a cell’s efficiency and improve the levelized cost of electricity (LCOE). The researchers expect that more regional diversification may be seen at the global level in the years to come, with the proposed metric offering higher values in North America, Central and Northern Europe, Japan, Australia, and New Zealand.

Ofgem passed its long-awaited, controversial plan for network charges last week, despite earlier warnings against the move. The UK electricity market regulator’s Targeted Charging Review has provoked a backlash in the renewables sector, as many believe that the plan will damage the economics of distributed energy resources and unsubsidized onshore wind and solar development.

With Decree No. 345, the Cuban government aims to encourage consumers to install rooftop PV projects. The new rules will help to facilitate the sale of surplus power within the national electricity system, among other matters.

The government of Goa, now reeling under severe electricity shortages, has decided to extend its solar power purchase agreement with NTPC Vidyut Vyapar Nigam by three years, following a complete lack of interest in the Indian state’s recent solar tenders.

To have any hope of restricting global heating to a maximum of 1.5 degrees Celsius, the renewables success story which saw 108 GW of solar deployed last year needs to be cranked up to the next level – and fast.