More Chinese equipment and inverter manufacturers presented their products than previous years amidst growing optimism that China’s young distributed PV power market will soon take off.
An influx of new capital for centralized and distributed generation is boosting strong growth. PV systems are increasingly attracting investments from installers and utility companies as well as institutional investors, private and municipalities.
Barclays provided a £15 million loan towards the financing of three new solar parks in southwest England developed by British Solar Renewables.
PV players attending the SNEC PV Power Expo in Shanghai say a lack of regulations covering subsidies for distributed solar will keep installations from meeting the ambitious goal this year.
The Chinese group is aiming to develop 400 MW to 500 MW of downstream PV projects in 2014 and expects to realize its module shipment target of 3.6 GW to 3.8 GW in 2014.
Mid-scale solar farms, above 5 MW and below approximately 30 MW, are the group most at risk from DECC’s recent proposals. After March 2015, this size category would be unable to access ROCs.
Although condemning the alleged hacking as a “criminal act,” SolarWorld’s chief exec also describes it as “a big honor and a nod to our excellent technology.”
The solar asset manager expects to double its operational capacity in the U.K. in the next twelve months to some 200 MW. It’s latest acquisition includes the 37 MW Kencot, Oxfordshire, PV farm.
End-market demand could approach 50 GW this year if the leading suppliers achieve forecasted growth rates. Yingli is expected to top annual PV supplier shipment rankings for the third year in a row.
The Swiss company’s Indian subsidiary is forming a joint venture to produce a solar power management systems for its growing business in Asia and Africa.
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