The Italian solar market grew by 22% in 2016. The country added 369 MW of new PV systems last year. This growth was mainly driven by tax breaks for the residential sector and the regulation for self-consumption. Most of these systems have a power of up to 100 kW.
Israeli headquartered power electronics specialist SolarEdge has announced that it is rolling out a complete solution for residential PV, consisting of inverter, storage and home automation system.
In 2016, Spain’s solar development was driven by grid-connected PV systems for self-consumption and stand-alone systems for agricultural use.
Belgium has now over 3.4 GW of installed PV power. Most of this capacity, 2.45 GW, is located in the Flemish-speaking region of Flanders. The French-speaking region of Wallonia and the Brussels Metropolitan Region have reached 931 MW and 56 MW, respectively. In 2016, the country registered a 77% increase in new installations.
The Shenzhen stock exchange has approved a proposal by Suzhou GCL New Energy Investment, a unit of the Chinese PV group, to issue the bonds.
The Shanghai-based integrated solar specialist has completed the purchase of 51% of the entire issued share capital of developer Forum (Asia).
The European Union will see an extension to hotly contested duties on Chinese PV exporters by 18 months. A spokesperson for the European Commission confirmed the move with pv magazine today, adding that the duties will be phased out, in line with industry cost reductions.
Germany has registered 117 MW of new PV installations in January. The country’s cumulative PV capacity has reached approximately 41.34 GW.
The company appears to be making progress with its restructuring, as it continues to launch increasingly sophisticated home energy solutions.
French cumulative PV capacity has surpassed 7 GW. In 2016, however, the market registered a 62% decrease in new installations, with the figure coming in at 559 MW. PV plants over 250 kW covered almost two thirds of the new capacity installed last year.
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