Markets

The president last night announced he is hoping to arrange a meeting with Chinese counterpart Xi Jinping to bring an end to the long-running trade stand-off between the two nations, provided further progress can be made in negotiations.

Since the PV module market has already witnessed intense industrial concentration over the past few years, the top 10 manufacturers didn’t change significantly as 2018 unfolded, writes PV InfoLink Chief Analyst Corrine Lin. On the cell side, the decline of Taiwanese cell makers has Chinese cell makers filling the top three spots this year.

The oldest solar organization in the world, the International Solar Energy Society, dates back to 1954. President David Renné tells pv magazine about India’s solar dreams, the next best thing in solar technology and what renewables hold for the world’s future.

After receiving its cheapest bids for large-scale solar under a public tender a week ago, the Canadian province of Alberta is now ready to host two unsubsidized solar parks with a combined capacity of 57 MW. The developer, German renewable energy company Innogy, is in talks with local off-takers about signing a PPA.

While solar is lauded as a cheap energy resource in OECD countries, the cost of financing PV projects in developing nations has impeded progress. Development banks and the Clean Technology Fund they finance have played a key role in providing access to cheap financing for clean energy projects in many markets.

Analysts at PV InfoLink said the number of markets open to new technologies such as half-cut and shingled panels is constantly rising. Australia, Japan, Spain, the UAE and Brazil were cited as the hottest markets for Chinese “special modules”. Total annual production in China for half-cut modules, which are set to increase their market share this year, should reach around 20 GW.

This year is already showing signs of a seismic shift in corporate attitudes to climate change and renewable energy, with Glencore this week announcing it will prioritize production of commodities essential to the energy transition.

Catalan independence protests notwithstanding, the Spanish government’s Council of Ministers is today set to approve “three essential pillars” of its climate change policy: the preliminary draft of the Climate Change Law, the Integrated National Energy and Climate Plan 2021-2030 and the Fair Transition Strategy, to “allow Spain to have a stable, predictable and accurate framework for the decarbonization of its economy by 2050”. The measures, said president Pedro Sánchez, could generate 300,000 jobs.

Solarpower Europe has released its estimates for Europe’s installation figures in 2018. A reduction in system prices and a policy push boosted solar across the continent. And if the trade association’s CEO is to be believed, the newfound growth has just begun.

The Junelight Smart Battery lithium-ion product has been designed for homeowners and has a storage capacity of up to 19.8 kWh.