Whoever published the figures for a profit warning issued by the poly maker on Friday might have spooked investors even further with a stray decimal point.
With the government having already introduced measures which will reduce the volume of renewables in the national energy mix, further new provisions will restrict the deployment of energy storage and the ability of solar energy generators to sell excess power to nearby consumers.
An Ernst & Young report has found power and utility deals fell off markedly in the Americas during the first half of the year because of the Covid-19 pandemic but commitment to clean energy investment appeared to remain strong.
The International Renewable Energy Agency wants consultants to prepare a plan for grid expansion across West African countries. The ECOWAS region currently has only 16 GW of power generation capacity, with 32% of it from hydroelectric facilities and 68% thermal power.
According to a recent report from Brazilian consultancy Greener, the country imported 1.61 GW of panels in the first quarter and 877 MW in the second. Domestic PV module makers had a 4.4% market share with around 100 MW in shipped modules in the first half of the year. The analysts claim these figures show the Brazilian PV market has not been affected by the Covid-19 crisis.
Trina Solar said this week that it plans to expand cell production output by 10 GW at its factory in Jiangsu province, while JA Solar revealed plans to ramp up wafer production by 20 GW. ZNshine Solar, meanwhile, is aiming for 10 GW of new PV module capacity.
In addition to 330 MW of batteries already announced, AGL has unveiled a plan for another 850 MW of grid-scale storage, the bulk of which will be installed alongside its Liddell coal-fired power plant.
Newly installed PV capacity for the second quarter was just 205 MW. This compares to around 1.5 GW a year earlier.
The new product, currently the most powerful panel on the market, was showcased at the SNEC PV Power Expo in Shanghai. Also presented at the fair was a 780 W product from Tongwei and a 660 W module from Trina.
Liander said its new plan may result in savings ranging from €1.4 billion to €1.8 billion. Possible losses for PV power producers are estimated at a maximum of 3% of their electricity production per year. If implemented, this new measure would push PV project developers to rely on underdimensioned inverters.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.