Policy

With the market all but grinding to a halt this year after an incentive scheme expired, the government has launched a new capacity procurement system. PV could be a winner in the first auction round but, as of 2021, solar could face stiff competition from wind and biomass.

Having envisioned an 18-month transition to grid parity solar in the world’s biggest PV marketplace, developers of large scale projects are now reportedly being told the subsidy taps will be switched off at the end of December.

The mature renewable energies are the most efficient power resources to slow down global warming and reduce human health impacts, according to a new study published in Nature Communications. The authors claim renewable energy generation capacity is also the best way to reduce land use, toxicity and drinking water depletion.

It is back to the meeting room for beleaguered shareholders in the debt-saddled solar project developer, ahead of a proposed shares purchase by a Chinese coal and real estate company.

The proposed acquisition of a controlling stake in the heavily-indebted PV project business of solar manufacturer GCL-Poly has fallen through, with state-owned China Hua Neng now proposing to cherry-pick the more attractive assets from the unit’s 7 GW portfolio.

A study of the after-effects of the energy transition has assessed 156 nations and ranked a surprising winner. Here, energy expert Indra Overland discusses the findings of the GeGaLo Index as part of our interview examining renewables and geopolitics.

The government has unveiled a plan to help the PV industry reduce the cost of solar panels from around $0.23/W to $0.10/W by 2030. The plan also aims to reach module efficiencies of around 24% – up to 35% for multi-junction cells – by the end of the next decade.

According to the bidding terms published by the National Energy Commission, project proposals may be submitted by June 11 and the results will be announced on June 19. Successful bidders will secure a 15-year power supply deal and some 5.6 TWh of electricity is expected to be generated annually as a result of the new capacity.

Complaints about sub-standard, cheap PV imports from China – and notably, India – have been heeded by Dhaka, which has issued a requirement for modules, inverters, charge controllers and batteries to attain IEC electrical standards.

A survey reveals greenwashing among major U.S. investor-owned electric utilities, which have been accused of using disproportionately high ratios of renewable versus fossil fuel images and language, while at the same time helping to block renewable energy policies. pv magazine speaks to the lead researcher