The Dutch government is planning to reduce tariffs by 9% annually from 2023 to 2030. The plan should still ensure a reasonable payback time for homeowners willing to go solar, according to the authorities.
The Ministry of Mines and Energy has delayed auctions to procure new transmission as well as generation capacity and has not announced when they will resume.
Scientists in Germany have developed a “heavy duty” test to provide insight into the long term effects of potential induced degradation in PV modules. The tests go well beyond those established by IEC standards and seek to guide manufacturers and investors on the best choice of materials – encapsulants in particular – when it comes to long term PID resistance.
Yulin, in Shaanxi province has brought the curtain down on around 1 GW of PV projects which are under construction. It had previously been expected the city would add around 5 GW of new solar this year.
A Solargiga subsidiary has handed over $2.5 million to almost double its stake in a 1.2 GW capacity module manufacturing business set up in June by investors which include the local government.
Investors in debt-saddled PV developer GCL New Energy will have to wait at least another month before a vote on a proposed project sale to a Chinese state-owned entity which would bring benefits of $526 million.
An Italian consortium has developed a panel recycling process it claims can recover up to 99% of raw materials. The developers claim their technique takes only 40 seconds to fully recycle a standard panel, depending on size and recycling site conditions.
In a recent conversation with pv magazine, Virginia Canazza, the CEO of Italian consultancy REF-E, outlined future scenarios for PV in the Italian PPA market. Projects will be delayed, as prices for gas and CO2 certificates are already low. Unsubsidized PV projects via PPAs might still be bankable, but it is unlikely that investors will risk dealing with small margins. Current capture prices do not justify investments and new entrants may wait for market stability.
The annual event, originally scheduled to take place on Aug. 25-27, has now been postponed to Nov. 16-18, 2020. The organizers claim that existing contracts will remain valid for the new dates, and the venue and all contractual conditions will remain unchanged.
While the impact of the Covid-19 pandemic on the renewable energy market is still not clear, Norwegian consultancy Rystad Energy says that new solar and wind projects will grind to a halt in 2020, creating a ripple effect in the years to come, as currencies throughout the world continue to slide against the US dollar.
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