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Markets & Policy

UK: Renewables can compete in balancing market, may be eligible for capacity market

Offgem has granted Limejump access to the balancing market via its VPP, meaning renewables can, for the first time, participate. Meanwhile, under its latest consultation on the capacity market, the government is considering granting access to renewables.

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India: Court clears solar imports from customs without paying safeguard duty

As per the court order, Shapoorji Pallonji can retrieve its solar PV panel consignment at Chennai port, which has been cleared by customs, provided it pays the safeguard duty in case the related notification is upheld.

China sets up International Investment Alliance for Renewable Energy

Although the Chinese government has recently scaled back solar energy development, it has created a new, large, alliance to reach more foreign markets. In addition to focusing on the shipment of PV modules, it will also address financing, EPC and O&M services.

Philippine utility Meralco receives Southeast Asia’s lowest solar bid

In a tender for 50 MW of solar, local PV module manufacturer and project developer, Solar Philippines submitted a bid of P2.34 (US$0.044) per kWh.

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Trina to supply 167 MW modules to Europe’s largest PV plant

The Chinese solar module manufacturer will supply 167 MW worth of modules to what is on track to becoming Spain’s, and Europe’s, largest PV plant when completed.

Australia’s national electricity policy moves forward, but roadblocks remain

Mixed messages have emerged from today’s meeting between the Australian state and federal energy ministers’ meeting, after what was meant to have been a decisive point for the National Energy Guarantee (NEG) policy measure. Fundamental opposition from some states under Labor governments exists, however an agreement to release the draft legislation was reached – after it passes the test of the Federal Liberal party room.

5 GW of renewable plans hang in the balance following reenaction of Iranian sanctions

As U.S. President Trump re-imposed sanctions on Iran, many solar companies – predominantly from Europe – were in the process of developing massive project pipelines in the country. These are now in jeopardy, even with blocking statute imposed by the EU. Those seeking to pursue plans demand safe financial channels from the EU in order to continue developing PV projects, and to signal a clear commitment to the Iran Nuclear Deal.

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Indian court to hear Vikram Solar’s safeguard duty petition next week

The Government of India will also consider changes to the 25% safeguard duty imposed on solar cell imports from China and Malaysia only after the next hearing in the Odisha High Court, which stayed the levy.

Centrotherm order intake from PV industry remains below expectations

The German PV equipment provider has improved sales and results in the first half of the year. The company, however, received more orders from the semiconductor and microelectronics industries. In the next 12 months, centrotherm expects new orders from the Chinese solar industry.

SMA closes first half of 2018 with higher earnings and revenue

The company reports having shipped 4.3 GW of PV inverter capacity, which marks a significant year-on-year increase. While revenues increased slightly, net income improved by a higher margin.

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