Policy

U.S. Presidential candidate Joe Biden has released his climate plan, which focuses on tax cut reversals and executive action to kickstart 100% clean energy and net-zero carbon emissions by 2050.

The Ukrainian market has emerged as rather fertile ground for project developers over the last two years, as a newly enacted law has eased uncertainty over the market’s future, with a quota-based auction system set to replace the country’s generous feed-in tariff scheme in 2020.

The two Chinese companies will acquire 30% shares in each other’s respective wafer and silicon businesses and plan to purchase at least 75% of each other’s future output, as part of a complex mutual investment arrangement announced ahead of the SNEC PV Power Expo 2019.

The Chinese electrical equipment giant will build the first project of Simec Energy Australia’s landmark $1 billion, 1 GW dispatchable renewable energy program in the state of South Australia.

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.