Markets & Policy

There are a number of reasons to be bullish on electric vehicles. Government support is growing, battery prices are falling, and the technology is constantly developing. But, for the prospect of owning an electric car to become even more attractive, existing EV charging infrastructure needs to be enhanced. This is where blockchain comes in.

The U.S. Securities and Exchange Commission has alleged that Musk’s tweets were false and misleading, and is pushing to have him barred from serving on the board of Tesla or any other public company.

On September 21, the Communist Party of China’s anti-graft body said in a statement that it is investigating the head of the country’s energy agency for “serious” disciplinary violations. While some believe the investigation will not change the country’s PV industry, others fear it could hamper crucial programs.

The International Solar Alliance (ISA) received a significant boost at the New York One Planet Summit, with European Investment Bank (EIB) President, Werner Hoyer announcing a commitment to back the ISA in its expansion of India’s solar industry and the exchange of technology.

At first glance, the European PV conference this week has confirmed the widespread view that the upswing of monocrystalline technology will accelerate. But a closer look reveals that multicrystalline solar cells are still in the game.

The new funds will come from Brazilian development bank, BNDES and will help small businesses, individuals and communities to implement commercial solar PV and wind power projects. Financing will be granted to projects using equipment that complies with local content requirements.

The technology is said to use blockchain’s properties of providing secure real-time and fully transparent data. The company says that ensuring renewable energy certificates is becoming increasingly important. This is the first step towards a more comprehensive platform that seeks to cover renewable energy assets from other energy companies as well.

The U.K. government has cold-shouldered PV with a row of disfavourable policies, which have put at risk the financial viability of new arrays. In the past few last years, the market has remained almost flat, with installations sitting at around 200 MW per year.

Citing the market downturn in China, which has resulted in “enormous excess capacity”, rapidly declining prices and postponed projects, SMA Technology AG has lowered its 2018 sales and earning guidance, and expects a break-even or negative EBITDA. It has also announced structural changes.

By analyzing satellite imagery, research group, Coalswarm has found that coal-fired power stations in China totaling 259 GW, which were supposed to have been scrapped, are being built. When fully commissioned, they will reportedly represent the equivalent of total coal-fired capacity in the United States. Not only does this news go against China’s current push into renewables, but also raises serious air pollution concerns at a time when levels should be decreasing.