Brazil postpones energy auctions
The Ministry of Mines and Energy has delayed auctions to procure new transmission as well as generation capacity and has not announced when they will resume.
Chinese city bars all new solar this year
Yulin, in Shaanxi province has brought the curtain down on around 1 GW of PV projects which are under construction. It had previously been expected the city would add around 5 GW of new solar this year.
Covid-19 pandemic’s impact on Europe’s PPA market – Part III
In a recent conversation with pv magazine, Virginia Canazza, the CEO of Italian consultancy REF-E, outlined future scenarios for PV in the Italian PPA market. Projects will be delayed, as prices for gas and CO2 certificates are already low. Unsubsidized PV projects via PPAs might still be bankable, but it is unlikely that investors will risk dealing with small margins. Current capture prices do not justify investments and new entrants may wait for market stability.
Covid-19 to wreck economics of new solar, wind projects
While the impact of the Covid-19 pandemic on the renewable energy market is still not clear, Norwegian consultancy Rystad Energy says that new solar and wind projects will grind to a halt in 2020, creating a ripple effect in the years to come, as currencies throughout the world continue to slide against the US dollar.
Germany installed 700 MW of PV in first two months of 2020
The country added around 700 MW of new solar in the January-February period. Cumulative capacity hit 49.75 GW, which means that about 2.25 GW remains before the feed-in tariff cap is reached.
Covid-19 daily bulletin
pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.
Portugal postpones 700 MW solar auction again
State secretary for energy, João Galamba, said the planned procurement round will have to wait for markets to be less turbulent. The auction was due to be held in April. Meanwhile, a dedicated portal for future rounds has been created.
Sweden deployed 287 MW of solar last year
The nation’s cumulative installed solar capacity reached 698 MW at the end of December. Around 19,000 new PV systems were added last year.
Swedish installer acquires residential operation of Solarcentury
As part of the deal, buyer Svea Solar will expand its installation of panels bought at furniture giant Ikea from its homeland to Germany, Belgium and the Netherlands. Offloading the residential business will enable London-based Solarcentury to focus on its global project ambitions.
Jordan switches off unsubsidized solar projects
The Middle Eastern kingdom has ordered the shutdown of solar wheeling facilities which use the grid to connect to energy offtakers. The move has come in response to tumbling electricity demand after the nation halted all non-essential industries as it tries to limit the spread of Covid-19.
