Markets

GTM Research’s latest report predicts a 50% to 60% overall reduction to solar installations if trade action is taken, with the utility-scale sector taking the most significant hit.

GTM Research’s latest report predicts a 50% to 60% overall reduction to U.S. solar installations if trade action is taken, with the utility-scale sector taking the most significant hit.

Electrification Alliance and “Make Power Clean” initiative unveiled over past few days to increase the volume on decarbonization across Europe. Solar body SolarPower Europe at forefront of both movements.

The PV research and upstream organizations ETIP, EUREC and Solarunited have submitted seven requests to all EU policy makers. According to the three entities, the entire PV supply chain must be preserved in Europe in order to give a future to the market and the R&D sector. The reason for the letter was the insolvency of Solarworld, which has spread fears that Europe could completely lose contact with the global market.

India’s Council on Energy, Environment and Water states, in a joint report with the Natural Resources Defense Council, that the growth in renewables in India could create 300,000 new jobs over the next five years.

Kenya signed this month PPAs for 160 MW of new solar PV plants at a price of US$0.12 per kWh. The price has sparked controversy.

According to new statistics, new PV installations for last year totaled 24 MW. Furthermore, solar was able to cover 2% of power demand in 2016.

In addition to the Green Savings Programe, the Czech government has now started to provide solar incentives through the Operational Program for Entrepreneurship and Innovation for Competitiveness (OPPIK).

A new report by Power Research Group and Wilkinson Barker Knauer finds that cheap natural gas, wind and solar make it impossible for merchant plants to recover invested capital, and threaten the basic operation of wholesale power markets.

Although mired in significant delays compared to other Latin American countries, Paraguay is now preparing to issue its first legislation to support solar and wind power.