Opinion & Analysis

The new 1 GW Yeka tender in Turkey is more than welcome, says KRC Consulting’s Hakki Karacaoglan and Life Enerji’s Ramazan Aslan. Regulations to enable “green electricity” tariffs, also announced this month, add further momentum to the country’s solar sector – allowing Turkish consumers choose renewable energy for their power supply.

In times of crisis, a population usually divides itself into two opinion groups. On the one hand, there are those who believe the storm will pass and things will return to business as usual. And on the other, there are those who took the time to embrace the new reality, accepted it, and now swear that the old world has disappeared and won’t ever come back. In general, writes Becquerel Institute’s Gaëtan Masson, reality splits between the two and makes everyone wrong. And this is what might be about to happen in the solar PV sector.

Some European countries and emerging markets are now showing signs of slow recovery, as the Covid-19 pandemic brought overseas markets to a shuddering halt in late March. However, demand is expected to remain weak through the beginning of the third quarter, writes PV InfoLink’s Amy Fang, as it will take time for overseas markets to snap back. Meanwhile, the Chinese market is again busy with the June 30 installation rush, as the government has left tariff timelines unchanged up to the middle of May.

Germany will assume the Presidency of the Council of the European Union on July 1 and will be responsible for progressing EU legislation over the next six months.

The PV inverter market achieved record shipments in 2019, writes IHS Markit’s Miguel de Jesus, driven by booming shipments in key markets such as the United States, Spain, Latin America, Ukraine and Vietnam. Revenue rose rapidly, surpassing the $9 billion mark in 2019 for the first time.

The European Commission has positioned the Green Deal at the center of its policy priorities. The goals have been set: climate-neutrality, zero greenhouse gas emissions, and the complete decarbonization of the energy sector by 2050. The stakes are high, writes SolarPower Europe CEO Walburga Hemetsberger, but thus far Commission President Ursula von der Leyen has made good on her promises.

Recent events have demonstrated the inadequacy of simply not being racist. We must actively speak out in support of non-white colleagues, peers, friends and fellow human beings. We must collectively work to effect systemic change against racism. At pv magazine, I want to use my voice as an editor, and leader of the UP initiative, to stand together with the Black Lives Matter movement and all people of color. I want to actively combat racism using our online and print platforms and global networks, to raise these issues, promote positive change and ensure we represent people of all colors and creeds in our business.

Green bonds have experienced rapid growth since their inception in 2007, and participants in the solar energy industry stand to benefit. In 2019, issuers launched over US$250 billion in green bonds offerings, representing 51% growth year over year.

Global floating PV installations are set to jump by 143% from 2019 to hit more than 900 MW of annual capacity additions this year, according to IHS Markit’s Floating PV Report – 2020. Growth has been driven in recent years by a surge in the number of floating PV systems installed in countries such as China, South Korea, Japan, and the Netherlands, with total global installed capacity reaching about 1.5 GW at the end of 2019. IHS Markit Research Manager Cormac Gilligan and Senior Analyst Chris Beadle examine how these countries have taken the lead, with developers building large quantities of floating PV, while also installing pilots to better understand the technology and test its capabilities and cost-effectiveness.

Self-consumption, the ability to isolate from the grid and provide power in the event of outages, and agricultural solar are key components in the 2020 revisions to Japan’s feed-in tariff program, reports RTS Corp.’s Izumi Kaizuka.