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Markets

Hungary to launch 300 MW solar program for farmers

The new scheme envisages the construction of 600 solar farms with a capacity of 0.5 MW each.

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Japan: Disappointing first auction; plans for 200 GW solar by 2050

Japan’s first solar PV auction has reaped disappointing results, with just 41 MW set to be developed. Under the revised FIT, meanwhile, 27.7 GW were cancelled. Despite this, JPEA is aiming for 200 GW of solar PV installs by 2050. Overall, cumulative installed capacity has reached over 40 GW. There are still many plans afoot for large-scale projects, although it is the rooftop sector, which holds the most promise.

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Turkey added 1.17 GW of solar in December alone

According to new figures from the local grid operator, Turkey’s cumulative installed PV capacity has reached 3.42 GW, as of the end of 2017. The end-of-year rush was due to the 25% FIT reduction granted to unlicensed projects, which came into effect on January 1.

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Nissan launches home energy solution in the UK

The Japanese car manufacturing giant has announced the imminent launch of an all-in-one home energy solution, including solar panels, a battery and an energy management system.

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Turkey to introduce net metering scheme for residential PV

The new rules are expected to come into force in the first half of this year. PV systems ranging in size from 3 kW to 10 kW will be entitled to have access to the scheme.

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Report: Trump says he’ll announce solar tariff decision “soon”

In an interview with Reuters, the president slammed what he referred to as the dumping of inexpensive modules on the U.S. market.

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UK: Shell signs 5 year private PPA with BSR for 69.8 MW solar project – comment

Shell Energy Europe Ltd has signed a five year power purchase agreement (PPA) with British Solar renewables (BSR), for the off-take of energy from England’s largest solar PV power plant.

EU Parliament votes in favor of 2030 binding renewable energy target of 35%

The European Parliament has approved a proposal to raise the target submitted by its Committee on Industry, Research and Energy (ITRE) in late November.

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BNEF releases 2018 clean energy predictions

BNEF has released its top 10 clean energy predictions for 2018, including at least 107 GW of solar PV installs. China will lead, but Latin America, Africa, Asia and the Middle East will notably up the ante. India will install less RE than in 2017, but will see fossils outpace RE for the last time; and China will see distributed grid connected solar leading the market. Li-ion prices are also declining, while EV sales grow.

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Senegal commissions another 30 MW solar park

The Ten Merina solar facility was built by Engie’s subsidiary, Solairedirect. The project was financed by French investment firm, Meridiam and Proparco.

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