Taiwanese government proposes solar tariffs of US$0.13-0.19/kWh
The draft feed-in tariff scheme should be approved by the end of the month. Payments for residential solar systems are expected to fall only 0.34% but those for utility scale solar may be reduced by 2.2%. An increase is set to be granted to projects in remote areas and also to those which rely on high-efficiency modules.
African Development Bank to lend almost €49 million for 208 MW of solar in Burkina Faso
The lender is providing the funds to support the West African country’s solar ambitions under the bank’s Desert to Power program. Several other European organizations have vowed to back the €137 million Yeleen solar project, which will encompass four sites.
Chint Solar connects 103 MW of solar to Dutch grid
A PV project by the Chinese company started generating electricity in late October, the group said. German subsidiary Astronergy supplied the solar panels.
India seeks global bids for 1.2 GW of PV-wind projects, plus another 1.2 GW of PV
Solar Energy Corp. of India will sign 25-year power purchase agreements for the projects, which developers will be free to build, own and operate anywhere in India.
BlackRock aims $2.5bn at solar, wind and battery storage
The good news is that the world’s largest fund manager, BlackRock, just closed $1 billion of a record $2.5 billion fund dedicated to solar, wind and energy storage projects. The bad news is that the $2.5 billion fund is a tiny fraction of BlackRock’s $6.96 trillion balance sheet and small change compared to BlackRock’s $17.5 billion investment in coal.
Australia lacks interest in EVs, global study finds
A global study has found that Australia lacks interest in electric vehicles, due largely to the impedimental admixture of cost, range anxiety, and a lack of charging options.
Scottish Power enters PV business
The distribution network operator for central and southern Scotland says it wants to maximize onshore renewables potential by adding solar and storage to its clean energy business. The company said hybrid projects combining wind, solar and storage will become the industry standard in 2021.
Poly-maker Wacker blames Chinese state subsidies for its latest €750m hit
The Munich-based group has reported a big impairment on its polysilicon production assets. The company cited the lack of a recovery in the PV project market, persistently low polysilicon prices and overcapacity in manufacturing, blaming state subsidies to Chinese rivals.
Danish renewables auction too successful at driving down public cost of clean energy
The Danish Energy Agency allocated 252 MW of clean energy generation capacity, of which 83 MW was solar and 93 MW solar-wind hybrid facilities which included 34.1 MW of PV capacity. The average price premium to be paid on top of wholesale electricity rates to the successful bidders has fallen 30% in a year, prompting the authorities to muse they may be allocating too much public money to support such projects.
Elon Musk calls for an ‘immediate’ and ‘significant increase’ in Tesla’s solar installs
Tesla was once the unquestioned leader in the U.S. residential rooftop market with a market share of around 33 percent, but today, the company is No. 3, and its market share during the first quarter was a little more than 6 percent.
