SolarPower Europe has issued a statement opposing any moves by the European Commission to impose a lower maximum electricity price on renewables than on fossil fuel energy. EU member state energy ministers will meet this week to thrash out emergency measures to protect bill payers.
A prominent analyst in China expects the price of the solar panel raw material to pass CNY 300 ($44.70) per kg soon and says the sky-high prices will continue at least through September.
With almost 100 GW commissioned in 2018 (the same level as in 2017), the PV market was stable at a global level, writes Becquerel Institute’s Gaëtan Masson. This hides different market developments, as for example the decline of the Chinese PV market from 53 to 45 GW, and growth in other markets. The global market, exempting China, grew from 41 GW in 2016 to 46 GW in 2017, a rather big jump as it reached close to 55 GW in 2018.
Turkey’s electricity consumption scored an all time record last week, highlighting the country’s thirst for new power capacity. Yet renewable power development plods slowly onwards.
While the Turkish government is on track to build its first nuclear power plant and a massive new coal-fired facility, the World Bank sees great “renewable potential” in the country.
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