Markets

With solar panels already installed on dozens of its buildings, the city of Sydney has upped the ante by vowing to source 100% of its electricity needs from solar PV and wind. The commitment was endorsed by city council last week, with a new 100% renewable electricity contract to be negotiated in the coming months.

Gridserve has revealed plans to install more than 100 electric-vehicle charging stations throughout the U.K. It will start building the first of these facilities later this year, backed by a £1 billion ($1.7 billion) investment.

Chinese polysilicon giant GCL-Poly Energy today posted its financial results for the full year 2018. The company saw a loss of RMB 458.4 million ($68.3 million), which it attributes primarily to China’s 31/5 policy.

The Indian government is considering the ban in response to complaints about China Sunergy allegedly defaulting on PV module shipments to project developers Acme Solar, RattanIndia and Refex Energy. Last year, German EPC specialist Goldbeck Solar reported a similar experience with the Chinese supplier.

Germany’s Federal Network Agency awarded 121 contracts and 505 MW of PV capacity in the auction. The bidding round was clearly oversubscribed, but 17 bids with a total output of almost 200 MW had to be ruled out due to formal errors.

The announcement was given by Manuel Bartlett, the general director of state-owned utility CFE. He also said the current prices of renewables are a lie, while also stressing that their development is a factor determining higher electricity prices.

The clouds gathering over Turkey’s 1 GW solar park in Konya, the first YEKA tender, are dominating discussion among the country’s PV players. Developments surrounding the Konya tender illustrate the Turkish solar market’s challenges, as the country’s unsteady economy and its policy preference for local manufacturing appear to be acting as a brake on installations.

The country’s energy regulator has decided to reduce the levy that finances the FIT program for renewable energy from P 0.2563/kWh to P 0.2226 ($0.004)/kWh. The lower levy is expected to go into effect next month.

Australia’s Coalition government has announced funding to support up to 50 off-grid and fringe-of-grid feasibility studies that will investigate whether building a microgrid is cost-effective and whether existing off-grid capabilities can be upgraded with more up-to-date technology.

pv magazine recently caught up with Aaron Wu, executive vice president of Phono Solar Technology, the Nanjing-based PV manufacturer. Phono Solar is a bankable supplier, having achieved top tier status in 2014 and being part of SUMEC Group Corp., a diversified industrial group with over RMB 80 billion ($11.87 billion) in turnover in 2018.