The Chinese manufacturer is holding out hope a boom that is expected to start imminently will help it turnaround losses that forced it to issue a profit warning last week. Getting its new production line in Qujing up to speed will help, provided the demand materializes.
The Indian state plans to achieve half the amount by 2021-22 under its new draft solar policy. The package also suggests establishing a research hub, privately financed solar parks and encouraging commercial self-consumption of clean energy.
pv magazine publisher Eckhart Gouras spoke to Carolina Obando, regulatory coordinator at renewable energy association SER Colombia, to discuss the country’s first renewable energy auction. The delayed tender promises to boost a solar industry with a 4.3 GW pipeline.
Demand for systems with a generation capacity of up to 750 kW is driving the market. The 52 GW capacity cap for solar under the national FIT scheme is approaching. In September, feed-in tariffs and market premiums will fall a further 1.4%.
The levelized cost of energy produced by large scale PV projects ranges from €24/MWh in southern Spain to €42/MWh in Finland. New research states that is already cheaper than the average spot market electricity price and that the figure for big facilities in southern Spain may fall to €14 in 2030 and €9 in 2050.
Two procurement exercises will be for ground-mounted PV and will be launched in January and June. A third tender, scheduled for February, will concern rooftop PV.
The Uzbek government last week opened a rooftop solar program which provides 30% of the initial costs for buying and installing a PV system, up to around $320 per project. Tax incentives are also available.
Greece’s prime minister visited the German chancellor yesterday in Berlin and reached an agreement to set up an investment strategy that encompasses renewable energy.
The nation’s Ministry of Energy and Water is seeking developers for a plant on an industrial park at the center of a previous 40 MW procurement exercise.
The country is steadily expanding solar generation capacity as it aims for 5 GW by 2022, helped by an influx of foreign investment from China’s Belt & Road infrastructure program and World Bank capital.
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