President Trump’s tariff decision was not the worst-case scenario for the U.S. market, but GTM Research says that it will still have effects, particularly in marginal and emerging regional markets.
The decision, released on U.S. Trade Representative Robert Lighthizer’s website, could keep current U.S. module manufacturers in business by keeping their cell lifelines open.
Last year’s result surpassed by more than 1 GW the results registered in 2015 and 2016, when the combined capacity of this market segment reached 4.4 GW and 4.3 GW, respectively.
The new scheme envisages the construction of 600 solar farms with a capacity of 0.5 MW each.
Japan’s first solar PV auction has reaped disappointing results, with just 41 MW set to be developed. Under the revised FIT, meanwhile, 27.7 GW were cancelled. Despite this, JPEA is aiming for 200 GW of solar PV installs by 2050. Overall, cumulative installed capacity has reached over 40 GW. There are still many plans afoot for large-scale projects, although it is the rooftop sector, which holds the most promise.
According to new figures from the local grid operator, Turkey’s cumulative installed PV capacity has reached 3.42 GW, as of the end of 2017. The end-of-year rush was due to the 25% FIT reduction granted to unlicensed projects, which came into effect on January 1.
The new rules are expected to come into force in the first half of this year. PV systems ranging in size from 3 kW to 10 kW will be entitled to have access to the scheme.
In an interview with Reuters, the president slammed what he referred to as the dumping of inexpensive modules on the U.S. market.
Shell Energy Europe Ltd has signed a five year power purchase agreement (PPA) with British Solar renewables (BSR), for the off-take of energy from England’s largest solar PV power plant.