grid-parity

From zero to hero in 20 years, China’s PV industry has undergone an extraordinary journey. Vincent Shaw considers the reasons for the nation’s solar success and the challenges ahead.

The 16 MW project is under development by Swedish-based utility Vattenfall. Construction is scheduled to start in 2024.

Rollercoaster stocks, unpredictable interest rates and continuing Covid chaos on global exchanges have apparently convinced the developer to invest in what it deems is a safer bet.

Solar glassmaker Xinyi reported Beijing’s plans as it outlined bumper first-half returns whilst warning investors the boost in glass prices seen last year is likely to be short-lived.

The developer secured a ten-year power purchase agreement from Statkraft in June last year for almost all of the power expected to be generated by the unsubsidized plant in southwestern Spain.

The volume of new PV generation capacity added in the first half was higher than expected, given the rising input costs seen in recent months, but solar was nevertheless outpaced by new wind farms in the first six months of 2021.

Every year, the SNEC PV Power Expo marks a turning point in the direction of solar market trends, and 2021 was no exception. Corrine Lin, chief analyst at PV InfoLink, was at the show to soak up the latest trends at one of the first big events to go ahead since early 2020.

Indonesia will catch the eye too over the next nine years, according to analyst WoodMac, as its market grows from 300 MW to 8.5 GW.

New research by Aurora Energy Research expects new unsubsidized solar PV capacity to grow to 5 GW by 2025, 12 GW by 2030, 32 by 2035, and 57 GW by 2040.

Solar Philippines is planning to deploy several unsubsidized solar plants in the provinces of Batangas, Cavite, Nueva Ecija, and Tarlac.