Opinion & Analysis

Europe saw the largest upswing of new PV installations over the past year, in particular after the minimum import price on modules ended. Installations grew by 23% in 2018, reaching 12 GW. IHS Markit forecasts the region to surpass 19 GW in 2019. The reason for this revived growth, writes Research & Analysis Manager Josefin Berg, is a combination of the increased cost competitiveness of PV, more initiatives outside of subsidy schemes, and new policy initiatives to meet 2020 and 2030 targets.

To keep up with the global shift to renewable energies, the Taiwanese Government has passed the first large set of amendments to its Renewable Energy Development Act since the legislation’s inception in 2009. The amendment bill passed its third reading on April 12, 2019, and was designed to optimize the renewable energy environment, to keep up with the changes to the Electricity Act and to increase civic engagement.

In late January 2019, California’s largest investor-owned utility Pacific Gas and Electric (PG&E) declared bankruptcy for the second time, causing anxiety for investors, ratepayers, employees, PPA holders, elected government officials and, lest we forget, fire and gas explosion victims. Judge Alsup, who is overseeing PG&E’s probation from its felony conviction, lambasted the company for violating its probation. “To my mind, there’s a very clear-cut pattern here: that PG&E is starting these fires,” Alsup said. “What do we do? Does the judge just turn a blind eye and say, ‘PG&E continue your business as usual. Kill more people by starting more fires.”

It’s no secret that global energy demand continues to rise, with some estimating an increase of a third by 2040. Meanwhile, writes David Green, Research & Analysis Manager for Smart Utilities Infrastructure at IHS Markit, the energy industry is on the cusp of a 100 year change away from oil and coal hydrocarbons towards renewables and natural gas. Every stakeholder in the industry has a role to play in the energy transition, including within the industrial sector which accounts for 50% of global energy consumption.

More than 11 million PV inverters will be shipped in 2019 alone, and most of these will be connected to a software platform and controlled by the inverter companies. This creates an opportunity for suppliers to create new models and revenue sources, writes Cormac Gilligan, research and analysis manager at IHS Markit. And indeed, in recent years inverter suppliers have been rapidly developing ‘Internet of things’ software platforms to take advantage of this.

Although the National Energy Administration (NEA) held a seminar to talk about the development of the 13th five-year plan last November, a positive signal for domestic demand, the Chinese government still has not released new official targets for solar, as of February 2019.

Despite a number of unfavorable policy announcements, the global PV market still added 101 GW in 2018. It looks likely that this momentum will continue this year, with as much as 110 GW of new capacity expected.

The Turkish solar market finds itself at a crossroads in 2019, with previous policy settings coming to an end and more questions than answers being raised by recent government efforts. While the YEKA projects to date have delivered little in terms of installations, Muren Guler from Global Energy Ltd believes that ‘Mini YEKA’ could provide just the boost manufacturers, suppliers, and developers are looking for.

There is no denying that Turkey is an ideal fit for a major solar market and key player in the PV sector, located on the border between east and west. But while the country has shone as a solar star this decade, writes Eren Engür, Managing Partner at Icarus Energy, it is quickly fading as the government has failed to promote a sustainable solar sector. However, this could be about to change.

If the world of solar was a newspaper, it would be a tabloid. There is no sector where gossip spreads quite so quickly and ultimately does not contribute much. For an example, Good! New Energy’s Rolf Heynen looks back to 2013, when Europe introduced the Minimum Import Price on Chinese solar panels.