Markets

The Norwegian PV developer was allocated three of the five projects available in the procurement exercise, having reportedly offered to accept $0.025/kWh from utility Société Tunisienne de l’Electricité et du Gaz for the clean power produced by the largest, 200 MW slice of generation capacity available.

The government claims 292 MW more solar was installed than in the same period of 2018. Taipei reported solar power generation increased 51.7% year-on-year for January-to-October.

As solar and wind power enter the post-subsidy era, the next few years will be critical for China’s energy transition with investors learning to navigate the uncertainties of market reforms. With the 14th five-year plan – touted as a watershed in China’s energy system development – in the works, a report has recommended clear targets for 2021-2025 in terms of solar and wind power deployment and a reduction of coal consumption.

Unannounced lay-offs with no pay or benefits have left more than 600 American workers, 180 employees in Germany and thousands in China unemployed and in the dark. Some of those affected have told pv magazine their story.

With the move, the Italian infrastructure fund has raised its operational renewable energy portfolio to 1 GW and secured access to the Spanish market for its EF Solare unit.

The debt-saddled Chinese PV developer hopes the holders of notes due to mature next month will be persuaded to hold off settlement for two years as it awaits a shareholder vote related to its latest proposed injection of public funds.

The Italia Solare Forum event held in Rome laid bare the difficulty of securing permits for large scale projects at national and regional levels. Fast-tracking the process for big solar parks appears necessary to get Italian PV back on track.

Huanghe Hydropower Development has started work on the first phase of a huge renewable energy project which will eventually feature 10 GW of solar generation capacity along with 5 GW of wind and 1 GW of concentrating solar power. Trina will supply 600 MW of modules to the first phase of the facility.

The U.S. residential solar market – and 15 states – are at record highs according to analyst WoodMac’s ‘don’t call it a comeback’ Q3 report, driven by new market forces. The research firm held its 2019 U.S. solar forecast at 13 GW.

A week after the Danish government announced it may stop holding auctions for new solar and wind capacity a 155 MW unsubsidized solar project has been announced for the Jutland region. The plant will initially sell electricity to the Nordpool electricity market but its developers are also considering private supply deals.