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.
The world’s biggest solar market reached a cumulative installed PV capacity of 174.63 GW at the end of last year.
The thin-film manufacturer and project developer says the Chinese government’s package of measures to drive subsidy-free solar projects will ensure a proliferation of new capacity additions and consolidate the strength of big players like itself.
Beijing has outlined a series of policies mandating local and provincial authorities, state-owned banks and grid operators to pull out the stops to drive the rapid escalation of subsidy-free PV projects. The announcement has seen Chinese solar stocks on the rise.
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