1,200%. According to Bloomberg New Energy Finance, that’s how high imports of Chinese modules rose in the fourth quarter last year, in a desperate attempt to stockpile sufficient numbers before tariffs choked off international supplies.
As the conclusion of a 15-month rule-making, the Federal Energy Regulatory Commission (FERC) will require grid operators to value the contributions of energy storage, and begins a process to look at how aggregated distributed energy resources can compete in wholesale markets.
The 46.7 MW worth of acquisitions will make the firm one of the largest in Spain, with Sonnedix now operating a worldwide capacity of 703 MW.
Minister for road transport, Nitin Gadkari drops plans to introduce national policy to support growth of electric vehicles in surprising reversal on earlier ambitions.
Blasting the Spanish Government for its lack of renewables action, the Balearic Government has today issued an ambitious Climate Change Law designed to kick start a renewable energy transition on the four islands of Mallorca, Menorca, Ibiza and Formentera. Overall, it aims to cover 100% of energy demand with renewables by 2050. 230 MW of solar PV are alerady in the pipeline.
A new report from the Asia Europe Clean Energy Associates (AECEA) expects solar to overtake wind energy in 2018 as China’s third largest source of power generation. AECEA is calling 2018 a ‘transition year’ for PV in China, as new regulations reshape the market, which is still expected to reach 250 GW installed capacity by the end of 2020.
The Dutch brewer unveils its “drop the C” program for renewable energy. The campaign aims at growing its share of renewable thermal energy and electricity in production from the current level of 14% to 70% by 2030.
Through a partnership between German investment bank, KfW and the Zambian Ministry of energy, the GET FiT scheme has entered its first round, with a tender of up to 100 MW.
Annual growth of 28% on 2016’s performance points to promising future as Turkey’s 1.79 GW saw the nation overtake Germany as Europe’s most dynamic solar market. Former shining star, the U.K. slinks away from top table after shrinking 54%.
The latest analysis by current and former GTM Research executives argues that there is insufficient economic reason to manufacture solar in the United States.
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