China’s autonomous province, Hong Kong has officially opened up its feed-in tariff (FIT) policy scheme for solar PV systems.
An uptick in global PV demand will occur in 2020, with China’s 30.5 policy directly affecting 2018’s results by around 18%, says GTM Research. Rapidly falling module prices will benefit predominantly Asian markets, where modules comprise the lion’s share of capex, although regions like Europe will see increased installations. Laying out 10 PV predictions, it anticipates, among others, intensified competition, lower bid prices, more technology neutral auctions and an increasing amount of subsidy free solar.
As the debate heats up before Friday’s meeting between federal, state, territory and local government energy ministers in Australia, the Victoria authority has issued a last-minute call to redraft the proposed National Energy Guarantee, and the Australian Capital Territory has redefined its NEG approval condition with regard to the emissions target. Meanwhile, Australia’s energy bodies have taken separate paths.
Although the volume has not been disclosed, selected projects in this new auction will have to start delivering power by January 2022. In the first auction of this kind, held in June, the Brazilian power provider contracted 431.4 MW of wind and solar power.
Mini-grid solutions are becoming more popular to deliver electricity to rural areas. There are 1 billion people worldwide without access to electricity and off-grid solutions could be the cheapest and easiest solution for about 70% of them. It is estimated the market in the segment will be worth $64 billion by 2030.
The planned fourth round of the RenovAr program will probably not be held this year or next. The Argentinian government says grid constraints and difficult financing conditions may increase the auction’s prices.
In the lead-up to a Council of Australian Governments meeting of energy ministers this week, a poll conducted by ReachTEL for Greenpeace Australia Pacific shows more than 70% of respondents want an ambitious renewable energy target to drive down electricity prices.
As pv magazine has learnt, the Saudi energy giant lowered its offer to $0.02752/kWh at the last minute, beating the bid lodged by Spain’s Fotowatio, which offered $0.02791 per kWh.
The Minister for New and Renewable Energy has waved aside complaints about safeguarding duties by telling India’s upper house the nation’s ambitious four-year solar target is ‘comfortably’ within reach.
Researchers at Australia’s University of New South Wales have surpassed 10% efficiency for a cell based on copper zinc tin sulfide – sulfide kesterite. It is the fourth time in two years the group has set a new record for the efficiency of cells based on such materials.
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