Markets

While recent signs from the Chinese administration, including the National Energy Administration, are that the PV sector in the country will return to robust health, the contagion of the 31/5 policies is still being felt throughout the supply chain. Vincent Shaw in Shanghai investigates the symptoms and causes of Chinese solar’s ill health.

A total of 1.58 GW of new PV systems have been registered with Turkey’s grid administrator in 2018. Of this new capacity, 1.51 GW is in the unlicensed project segment, for arrays up to 1 MW in capacity, while the remaining 63 MW is for larger projects that had been successful in bidding for PEKA auctions.

Although renewable energy targets have been revised down, the archipelago’s government said that wind and solar will still see their share increase considerably over the next decade.

The World Bank and the Kenyan Government have announced a new strategy for attaining universal energy access for Kenyans by 2022. The plan underlines the importance of off-grid solar installations in reaching that goal. The investment opportunities for the coming five years are around US$14 billion.

A Wood Mackenzie report shows U.S. energy storage deployments tripling in capacity during Q3 ’18 versus last year’s volume, while noting that the future pipeline growth rate doubled versus prior quarters to reach 33 GW of future projects.

The European Commission has adopted a recommendation to promote the wider use of the euro in international energy agreements and transactions. The aim is to strengthen the role of the single currency on the international financial system.

A reduction of the feed-in tariff to ¥21/kWh (around US$0.19) for projects over 2 MW in size and approved between 2012 and 2014 will be applied starting from September 2019 and not from March, as originally planned. For approved projects with a capacity of less than 2 MW, however, no postponement has been granted.

Taiwan’s Ministry of Economic Affairs is considering scrapping a 6% markup on tariffs paid to high-efficiency modules used in its Green Energy Roof scheme. The markup is said to benefit the local module manufacturing industry, which is currently struggling.

By setting a timeline for the inevitable decarbonization of its fleet, Xcel is moving to have an energy transition on its terms.

Chinese solar manufacturer Seraphim has announced plans for a 500 MW cell factory in Port Elizabeth, South Africa. The company also plans to expand an existing 300 MW module factory in South Africa’s Eastern Cape region by 200 MW.