That would take the country to 8.28 GW of generation capacity by the end of the next decade with the government stating up to 6 GW of small scale capacity could be required on top. By that stage, however, coal would still amount to 43% of generation capacity and gas and diesel a combined 8.1%, under the new Integrated Resource Plan.
The affordable public financing packages on offer for solar rooftops are attracting developers who have clients happy to lease out roofspace without any capital outlay in order to secure cheaper power.
In January, the U.K. Department for Business, Energy and Industrial Strategy opened consultation on its solar-plus-storage proposals. To date, systems with a capacity bigger than 50 MW are classed Nationally Significant Infrastructure Projects.
Although the International Energy Agency’s latest renewables report forecasts impressive solar growth there is still a nagging feeling it has produced conservative estimates and the emphasis on sharing costs with grid operators is predictable.
Two high-profile bankruptcies this year could serve as a warning for the potential pitfalls of pay-as-you-go and small scale, off-grid solar. However, Marcus Wiemann and David Lecoque of the Alliance for Rural Electrification say such business models can lead to long-term success and have a key role to play in providing power to the 1 billion people throughout the world who still live without electricity.
The Chinese e-mobility company has been hammered since Beijing’s abrupt reduction of electric vehicle subsidies in the summer. Korean outfit LG Chem’s shipment volumes have gone in the opposite direction.
Visitors to this year’s Solar Bangladesh Expo have called for the implementation of quality standards on solar imports – action which the government is currently pursuing – with one industry insider rubbishing Indian-made products.
Ukrainian energy market reforms are continuing and amid uncertainty about future auction mechanisms and prices, attendees at the SEF Kyiv sustainable energy forum again called out the government for dragging its heels on the legislation. However, there was also evident optimism at the show.
The Chinese solar manufacturer today admitted it is in talks with its lenders and strategic investors about a break up of the company after its 2018 annual accounts revealed an apparently unserviceable debt pile. Any strategic investor is likely to constitute a Chinese state-backed bail-out.
The latest blow in the political battle between clean energy project developers and an anti-renewables state government has seen the electricity regulator order power distribution companies to honor PPAs signed after a public tender.
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