Global EV market growing sturdily despite trade dispute setbacks
EnergyTrend recognizes recent tariffs developments will hit the electric vehicle (EV) industry. Despite this, environmental regulations, as well as costs and technological advancement, will prevail and continue to drive EV sales globally.
India: 750 MW Rewa solar project starts supplying power
The 750 MW Rewa solar power project, one of the world’s largest single-site solar power plants, has started operations.
Global solar investment drops due to low project costs, China policy change
While overall global investment in clean energy saw a decrease of just 1% YoY in the first half of 2018, solar’s share dropped 19% following changes to China’s PV policy and lower project costs, says Bloomberg NEF (BNEF). It forecasts this trend to continue throughout the year.
Italian government challenges Sicily’s moratorium on solar parks
The Italian Council of Ministers said that Sicily’s temporary suspension of all approvals for large-scale wind and solar project is unconstitutional.
Turkey authorizes foreign-currency loans for already approved unlicensed PV projects
The measure is intended to reduce domestic foreign exchange exposure for investors and developers of PV projects up to 1 MW (and solar parks consisting of several 1 MW units). Prior to these new rules, only licensed PV projects exceeding 1 MW in size were granted this kind of financing.
Belgium: Flanders to allow direct lines for solar, RE starting from 2019
A new amendment to the region’s energy law allows enterprises to sell power to one other through the so-called direct line model, starting from 2019.
Lower module pricing will bolster PV deployment in India
More than 80% of India’s solar equipment requirements are met through imports from China. Against this backdrop, industry analysts see the predicted 30% lower module pricing, following China’s revised policy, as a good news for Indian PV projects.
The weekend read: Central Asia’s green horizons
Despite its huge potential in the region, solar PV has hitherto gained little traction in Central Asia. In Kazakhstan, two utility-scale PV projects have been realized, and a few are in the pipeline for Uzbekistan as it begins to attract international investors. But many challenges on the policy level have yet to be overcome.
GCL-Poly cranks up its share repurchase program again
Polysilicon manufacturer has been busy repurchasing chunks of its stock, the question analysts and investors will be asking is, why?
New solar water-splitting cell demonstrates 19.3% efficiency, increasing longevity significantly
The cell uses a novel approach that increases its conversion efficiency and longevity at the same time. Researchers claim it is a new world record for this type of application and highlight its importance in storing renewable energy in hydrogen to compensate for output and demand fluctuations.
