With polysilicon production capacity having been rapidly rolled out after last year’s shortages, China analyst Frank Haugwitz has suggested global manufacturing capability for the ethylene vinyl acetate used on PV panels could struggle to keep pace with what is expected to be another record year of demand for solar.
The London-based analyst has published a series of clean tech predictions for the year which also highlighted the rising proportion of sub-5MW solar projects in the global market, and cheaper clean energy financing costs even as panel prices continue to rise.
Production for the HyDeal project is planned to start in 2025; the total installed capacity is expected to reach 9.5 GW of solar power and 7.4 GW of electrolyzers by 2030. Elsewhere in the world, India and Brazil are preparing rules and laws to promote green hydrogen, while research activities continue to increase hydrogen fuel cell’s efficiency and hydrogen’s use in the aviation sector.
Renovigi is Brazil’s second-largest system integrator and PV product distributor. The company currently operates two production units, in Itajaí, in the state of Santa Catarina; and in Louveira, in São Paulo, where it integrates complete photovoltaic systems which are then distributed among its more-than-9,000 accredited installers.
The Brazilian authorities have introduced new rules to ensure that PV systems below 5 MW in size will still be eligible for net metering tariffs until 2045. A grid fee for prosumers will go into effect from 2023, but the economic profitability of rooftop PV and small solar parks is expected to remain high.
Brazil’s deployment of distributed generation PV (below 5 MWp) has exploded from a total capacity of 500 MW in 2018 to 7 GW by September of this year. The trigger for this increase, alongside rocketing electricity prices, was the 2019 proposal of law 5829, writes IHS Markit analyst Angel Antonio Cancino. The proposal is expected to pass into law at the end of this year and will gradually introduce grid-access charges for residential and commercial system owners.
Falling electrolyzer costs driven by economies of scale, increased automation of production and the modularity of such systems will bring green hydrogen to a competitive cost with its fossil-fuel powered variants in a dozen markets by 2030, according to WoodMac.
The new provisions define clearly what hybrid power plants are and what kind of grid tariffs they should pay. The regulation may be particularly favorable for hybrid wind-solar plants, especially in North-Eastern Brazil, where the grid is not strong enough to support further renewable energy development.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.