Markets & Policy

The new Italian government has maintained, almost unchanged, the provisions for the creation of an auction scheme for solar, wind and other renewables designed by the previous government. It has, however, postponed the first auction for large-scale projects from November to January. Furthermore, it has introduced new rules to enable the replacement of asbestos covers with rooftop PV systems through an ad-hoc FIT scheme.

By 2025, Taiwan aims to reach a cumulative installed solar PV capacity of 20 GW. However, by mid-2018, just 11.2% of this goal had been met. TrendForce analyst, Rhea Tsao, examines the situation and discusses what needs to be done to reach the target.

Changes to Jordan’s Round 3 renewable energy auction will mean just 150 MW of capacity will be allocated for PV projects, down from 200 MW. Meanwhile, the government has accepted all 16 of the technical bids submitted in April, meaning it now hangs on price. The final results are expected soon.

Nigeria’s Rural Electrification Agency is seeking consultants to conduct feasibility studies and develop a masterplan design for the ambitious program, which aims to establish a new energy infrastructure in the state of Jigawa. The program is backed by the African Development Bank.

The mini-tender will be held under the RenovAr program for large-scale renewables, but will be limited to projects not exceeding 10 MW in size. The quota for solar and wind will be around 350 MW. Auctions for projects larger than 10 MW were suspended by the Argentinean government in early August.

The British energy and services company’s acquisition of the C&I solar contractor is the latest among a number of moves it has made into solar and batteries.

Following on from a partnership in 2017, Kostal and BYD are looking to further strengthen their ties under a new deal, which will see them provide storage solutions to the residential and commercial solar segments.

Canadian Solar Inc. says it has entered into agreements with Dr. Shawn Qu and several unidentified potential equity partners regarding the plans to take the manufacturer private. It has also sold 30 MW worth of PV plants to its infrastructure fund in Japan.

Today, Panda Green Energy Group Limited posted its results for the first half of the business year 2018. The company made itself a name when it started constructing Panda-shaped solar parks in 2017.

Wood Mackenzie projects that the U.S. energy storage market will reach well over US$500 million in sales this year, following on 61.8 MW / 156.5 MWh of installations during the second quarter. Residential storage has grown at 61% per quarter since Q1 2017.