Markets

The company’s Dutch unit, Nuon, has agreed to acquire three solar projects totaling 27.5 MW of capacity from Powerfield. The projects will be developed under the Netherlands’ SDE+ program, for large scale renewables.

According to IHS Markit, on the back of the decision to end the MIP in Europe, solar module prices will decline by up to 30%, while total project system costs will be “immediately” driven down. Overall, it forecasts PV demand to grow 40% in 2019.

The French solar market grew by 59% in the first six months of this year, mainly driven by large-scale solar. Overall, the country’s cumulative installed PV power has surpassed 8.5 GW. However, it looks likely that the government’s 10.2 GW 2018 target will be missed.

A newly created Artificial Intelligence Lab created by the UAE Ministry of Climate Change and Environment will use artificial intelligence (AI) techniques to identify concentrated solar energy locations in the Emirates.

The solar park is set to be built across three phases, and will be located in Tunisia’s southernmost region of Remana, in the Sahara Desert. The project was conceived by the Tunisian Goverment to support organic farming and improve security at the border with Libya.

According to the Taiwanese analysts, the solar PV module market is still stable. However, EnergyTrend expects a new price war to erupt with the end of minimum import tariffs (MIPs). In particular, Taiwanese manufacturers will have to cope with increasing price pressure.

The sixth edition of Intersolar South America in Sao Paulo has showed unequivocally that both international and Brazilian players firmly believe in the big potential of the Brazilian solar market, despite the current political uncertainty and usual economic challenges. Overall, the event was larger and of a higher quality than last year, while in the absence of future dates for new large-scale solar auctions, and stable conditions for private PPAs, DG is emerging as the market’s main driver.

While it took 60 months to reach the first million electric vehicle (EV) sales, in late 2015, it took the fourth million just six months. China is driving this development. Meanwhile, as first generation EVs batteries are reaching their end-of-life, interest in second-life use cases is growing. The volume of retired EV battery packs is set to be 108 GWh by 2029 – representing a third of the expected storage capacity market at that time.

Speaking the language of manufacturing, employment, and economic opportunity, five prominent corporations have backed a 2.2 gigawatt solar goal for Ohio by 2030.

The new control room located in Bangkok will help the German renewable energy developer to keep tabs on its growing APAC portfolio.