Markets

US solar industry could contract 60% if Suniva case succeeds: report

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.

Destroy the industry to save it? Another report warns of potential devastation from the Section 201 case

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.

Europe presses the gas on decarbonization drive with launch of two campaigns

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.

Open letter: European PV industry needs urgent measures

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.

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Renewables could create 300,000 jobs in India over next five years: report

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’s newly signed 160 MW of solar PPAs: expensive?

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.

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Uruguay’s installed PV capacity tops 88.4 MW

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.

Czech Republic allocates additional funds for commercial PV

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).

Cheap gas and renewables are making U.S. merchant power untenable

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.

Paraguay to issue renewable energy law by the end of 2017

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.