While tariffs may inhibit India’s ability to benefit from anticipated record low Chinese panel prices, Japan already has a strong pipeline and two of the world’s solar pioneers – Spain and Italy – could be given a shot in the arm by new administrations.
There was incredulity in some quarters as the federal government raised its renewables ambition another 22%, but the stellar performance of the past four years points to the new target being a realizable one.
There is no official confirmation that a request for a review of the anti-dumping and anti-subsidy measures against Chinese solar PV manufacturers has been submitted in Brussels in early June, however there are several reasons to believe it has likely happened.
Solar PV capacity is set to grow 17-fold, and wind six-fold, by 2050, to account for nearly half of global electricity generation, predicts BNEF, while investments will reach US$11.5 trillion. Cost reductions will drive this charge, particularly in the battery market, which will benefit from the EV manufacturing ramp up. Despite this, the electricity sector is still failing to bring CO₂ emissions down to the required levels, with its continued dependence on gas.
According to a new report released by Climate Action Network (CAN) Europe, no single EU country is performing sufficiently in both showing ambition and making progress in reducing carbon emissions, thus casting a long shadow over the Paris Agreement objectives. Sweden is leading the charge in fighting climate change, followed by Portugal and France.
Global newly installed capacity for 2018 is forecast to reach 102.6 GW, of which “only” 39 GW are expected to come from China. Fourteen countries are expected to cross the GW threshold this year.
Solar has covered 5.8% of Italy’s power demand so far this year. Newly installed PV capacity for the first four months of this year, meanwhile, has reached 116 MW, around 6.4% up from the same period in 2017.
The Japanese government is steadily working toward the release of the country’s fifth strategic energy plan, but it needs to work with the private sector more effectively to promote the deployment of solar over the coming decades, according to a new report.
Under the new scheme, set to come into force in 2020, homeowners and small businesses investing in solar and other renewables can expect a payback period of around seven years. They will also be exempt from paying energy taxes and the ODE (Opslag Duurzame Energie), a levy on power consumers that finances the country’s renewable energy programs, for self-consumed electricity,
Mexico’s Federal Court of Fiscal and Administrative Justice has accepted an appeal lodged by the Mexican solar association, Asolmex, to remove the 15% customs duties applied to imports of solar PV modules.
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