The country’s cumulative installed PV capacity reached 1.6 GW at the end of February, according to the national grid operator.
Polish power providers Enea and Energa have suspended construction financing for a new 1 GW coal power plant in northeastern Poland. According to the Europe Beyond Coal campaign, this could mark the beginning of the end for the $1.6 billion project. The two companies said their decision depended mostly on the new EU policy for the electricity sector and a lack of external financing.
Some 15 countries are likely to be able to lay claim to the status of being members of solar’s “gigawatt club” in 2019, according to conservative projections from BloombergNEF. Nonetheless, PV suppliers, developers and service providers are always on the lookout for new pockets of growth. To kick off 2020, pv magazine’s global team of correspondents and editors have highlighted 10 “fast-growing” solar markets to evaluate where the opportunities, and potential risks, lie.
President Ursula von der Leyen has outlined plans to fund her Green Deal with a mix of EU, member state and private sector contributions. Now it is over to individual nations and the European Parliament.
The fourth auction held for systems with a generation capacity no larger than 1 MW saw solar secure 750 MW of projects to leave wind developers in the cold. Innogy took its first steps into Polish PV with 42 projects across three provinces.
The first part of pv magazine’s review of 2019 considers Q1, when solar early adopter Italy offered an optimistic start to the year by fleshing out its plans for PV but uncertainty still clouded the world’s biggest solar market. The potential for household solar installations to rocket the world over – helped by ever cheaper panels – prompted strategic decisions in the inverter market and analyst expectations were confounded as the cobalt and lithium price plummeted, bringing the EV revolution a big step nearer.
Wind took the largest share of the awarded capacity, according to the preliminary results, but newly introduced limitations for such projects helped solar to take a significant portion of the allocated power for the first time in a Polish energy auction, with the highest bid coming in at $0.0608/kWh.
Trade body SolarPower Europe’s preliminary statistics suggest this could be the continent’s best year for PV since 2010, with capacity additions set to soar 104% year on year. Spain is leading the way with an expected 4.7 GW of new solar, followed by Germany, with 4 GW.
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