While the volume of combined imports and exports slumped from almost 2 GW in December to 1.49 GW in January and 1.36 GW in February, the price per kilowatt rose dramatically in the second month of the year.
Solar project owners responded to an appeal to donate a portion of their solar incentive payments to the public health authorities as another multinational body emphasized the importance of coronavirus fiscal stimulus packages having environmentally-friendly conditions attached.
The government wants to see off a potential slump in the PV market as a result of the Covid-19 pandemic. The increase means CHF376 million worth of rebates will be available for solar systems.
The state-owned electric company, which has finally pivoted towards green energy, is developing a subsidy-free approach.
Negative energy prices for more than six hours mean the Dutch government will pay no renewables incentives under its SDE+ program for March 29. The plunging electricity price was caused by slumping demand for energy as restrictions were put in place to help prevent the spread of Covid-19.
pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.
The U.S. solar industry experienced a wave of job losses last month and the public health crisis has driven foreign exchange losses which will jeopardize projects Down Under, but it is Angela Merkel’s government which is attracting the ire of German PV installers.
The losers in a world which no longer runs on fossil fuels are obvious but the dividend from shrugging off hydrocarbon dependency will be spread around most of the world so it is the nations which are winning the cleantech manufacturing and intellectual property race which appear best positioned for the future.
Perhaps it is not surprising a report co-produced by Europe’s solar industry places PV at the heart of a zero-carbon, mid-century energy system on the continent. However, the study does flesh out two out of three scenarios in which becoming carbon-neutral by 2050, or even 2040, could be possible.
Although the energy price recovered this week, ultra low levels driven by bumper solar power generation on a sunny weekend in Germany reportedly put further pressure on the business case for conventional energy.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.