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Policy

Asian market to see 355 GW of solar over five years, despite policy challenges

Despite political hurdles in key markets including China, India and Japan, Asia remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.

REC Silicon posts loss for second quarter running amid poly market slump

The Norwegian polysilicon producer posted an EBITDA loss of $6.1 million for the third quarter of 2018, as it continues to struggle with low demand and prices. Revenue for the company’s solar materials segment fell almost 70% on the previous quarter.

Subsidy windfall helps GCL Poly eat into debt mountain

The Chinese manufacturer – which is gambling on a big rebound in global appetite for the raw material for PV panels materializing soon – will devote all of its $143m solar subsidy income to paying off a daunting amount of borrowing.

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The reasons India’s 10 GW solar tender will not attract big developers

Big players such as Acme, ReNew, Adani, Azure, Hero Future and Aditya Birla Solar are likely to stay away from procurement which requires 3 GW annual manufacturing commitment, says industry insider Gopal Lal Somani.

Fears UK autumn budget could see a coal renaissance

Analysts have released a report which examines multiple carbon pricing scenarios, and their effect on UK power bills, renewables and the carbon budget. The UK’s Carbon Price Support could be lowered in the autumn budget next week, putting the nation further off course on its carbon budget. A high CPS would foster renewables, without driving electricity bills up.

Cambodia needs solar to drive down electricity prices

According to the UNDP, a full economic evaluation of the costs and advantages of solar energy in the country is necessary, as Cambodia’s government is planning to expand its power system through coal and hydro.

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Large-scale projects, net metering and solar leasing for Malaysia

Minister announces new-year changes to try and drive further PV adoption in the populous southeast Asian nation.

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Hitting 76% of its solar ambition would still be some achievement for India

Analysts are weighing into the debate over the Ministry of New and Renewable Energy’s big solar plans, but pointing out even a partial victory would set the foundation for future solar triumphs.

The future is mono: An interview with Longi President Zhenguo Li

In this interview with pv magazine, the president of integrated monocrystalline PV maker Longi Solar gives his perspective on market and policy changes in China, Europe and the United States, as well as giving an update on his company’s very rapid growth.

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Germany’s auction for large-scale solar concludes with average price of €0.0469/kWh

The final average price was slightly higher than that of the previous auction of the same kind. Successful bids were between €0.0386/kWh and €0.0515/kWh per kWh. Unlike the parallel wind energy tender, the tendered capacity was significantly oversubscribed, once again.

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