Vietnam

India confirms one-year extension of solar cell import duty

The ‘safeguard’ duty will be levied on Chinese, Vietnamese and Thai solar cells – whether assembled into modules or not – at 14.9% from today and falling to 14.5% in six months’ time. Malaysian products are exempted as their imports have fallen dramatically since the duty was introduced, in July 2018.

Chinese PV Industry Brief: Longi to grow by 10 GW, China opens world’s largest floating PV project

Plus, equipment manufacturer Shangji Automation is set to enter the silicon ingot making game with plans for an 8 GW fab, while state-owned developer Panda Green says it plans to add 500 MW of annual project capacity over the next three years.

Global solar capacity may reach 1,448 GW in 2024

SolarPower Europe has predicted the volume of new PV capacity added this year will be 4% less than last year’s figure because of the Covid-19 crisis. At the end of 2019, the world had topped 630 GW of solar. For 2020, around 112 GW of new PV capacity is expected, and in 2021, newly installed capacity could be 149.9 GW if governments support renewables in their coronavirus economic recovery plans.

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Covid-19 weekly briefing: Merchant solar developers could seek shelter in return to subsidies and PPAs are being revisited, but at least the Irish are coping with lockdown measures

The unfolding effects of the Covid-19 crisis, and fears of a possible second wave, have split analysts trying to guess how the unsubsidized renewables market will emerge as slumping demand continued to distort power markets. pv magazine rounds up the week’s coronavirus developments.

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Covid-19 pandemic puts 150 GW of PV, wind at risk in Asia

Up to 150 GW of PV and wind projects could be postponed or canceled throughout the Asia-Pacific region by 2024 if the coronavirus-triggered recession continues beyond the current year, according to new research by Wood Mackenzie.

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Covid-19 weekly briefing: A cold wind for APAC renewables, respite for Indian developers and another salary cut for SunPower execs

The coronavirus epidemic continues to batter the global economy, including the solar industry, but falling demand during lockdowns has brought negative energy prices as well as helping drive record solar generation, amid less-polluted skies.

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Covid-19 daily bulletin: Renewables squeezing out fossil fuels as energy demand plunges

Although the energy price recovered this week, ultra low levels driven by bumper solar power generation on a sunny weekend in Germany reportedly put further pressure on the business case for conventional energy.

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Vietnam finally unveils new FITs for large-scale, rooftop, floating PV

Hanoi has set new feed-in tariff rates for utility-scale, rooftop and floating PV projects, ending a long period of policy uncertainty. The government has announced the new rates, which are broadly in line with industry expectations, roughly 10 months after the expiration of its old tariffs.

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Covid-19 and dependence on China’s PV supply chain

The Asian Development Bank says developing countries in Asia and the Pacific should consider developing their own solar industry supply chains as the Covid-19 pandemic has exposed their over-reliance on China to carry through the energy transition.

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First Solar manufacturing unaffected by Covid-19 measures

The US solar company says its production lines in Ohio, Malaysia and Vietnam have thus far been able to carry on operations. The company says measures have been taken to protect its workers at all of its premises.

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