The move, finally confirmed today, will reduce the solar feed-in tariff to $0.31 cents per kW for 20 years, beginning on April 1.
The global PV industry will add 100 GW of capacity a year by 2018 say the analysts, with c-Si technology set to dominate the landscape.
The conference began with a series of impassioned presentations on the bullish state of China’s PV market, but urged greater investment in domestic R&D and quality control.
The analysts expect global expenditure on solar PV to increase by 45% on last year, with Latin America leading the way on manufacturing growth.
The concept from Qinous, which delivers 100% renewable energy, is to be unveiled this week at the Energy Storage Conference in Düsseldorf.
The state’s grid operator is preparing for a major boost in renewable energy in 2020, when utilities will have to obtain 33% of their electricity from renewable energy sources.
The company’s new report found that in Germany and Italy, low PV installation prices, a low discount rate and high electricity prices compensate for low irradiation levels to reach grid parity.
The government has met with energy advisors to discuss plans to construct a 50 MW PV plant in northern state of Kedah.
The array at Brazil’s Arena Pernambuco stadium will deliver clean solar energy to one of the forthcoming soccer World Cup’s most important venues.
The company achieved a performance record in the fourth quarter of 2013, however, including a net profit and a 58% increase in module shipments.
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