Policy

Companies can apply to have the fund cover up to 25% of the cost of renewable energy projects, as well as energy-efficiency and e-mobility initiatives.

At the Smarter E Europe, held in Munich this month, pv magazine hosted another Future PV Roundtable to discuss the possibilities of subsidy free solar projects. In all market segments solutions are at hand and representatives across the industry shared their insights with us.

In the first four months of the year, over 1.6 GW of solar power generation capacity came online in the country. Next month the FITs for rooftop PV will fall by 1.4%.

Among 45 critical energy technologies and sectors assessed in a tracking report by the International Energy Agency, only seven are keeping hopes alive that climate, energy access and air pollution goals can be met.

The tender is on June 28. This year’s procurement exercise may allocate less capacity than previous auctions, due to lower demand for contracting new projects.

The funds will be used for renewable energy facilities and projects associated with the bond have already obtained Climate Bond Initiative certification.

Although the nation’s PV industry has recently established new landmarks, warnings have been sounded about the immediate outlook for the sector.

The race is on to process applications for central payments across the world’s biggest solar market, particularly as qualifying projects must reportedly be grid connected this year. The final electricity price will be a major competitive factor considered by the Beijing authorities.

An International Energy Agency report estimates the share of nuclear power in advanced economies could fall by two-thirds by 2040, as aging plants retire. The report claims without support for nuclear, the transition to a low carbon energy system would be far more complex and threaten global emissions targets.

The nation appears ready to join the ranks of global solar protectionists but any fears about its energy transition may be dampened by the introduction of one of the world’s first true carbon levies – provided emitters are not afforded too many loopholes.