Rather than pondering the introduction of trade measures against solar imports, Europe should be pragmatic about its short-term reliance on Asian panels while moving now to nurture and incentivize a domestic supply chain of the future.
With United Kingdom Prime Minister Rishi Sunak appearing to have decided green policy, or rather, anti-green policy should be used to rally voters to his party’s bid for re-election this year – and with the opposition Labour party vacillating over a promise to spend £28 billion ($35 billion) per year on green investment – Adam Swarbrick, of RWE Renewables UK, gives an update on the prospects for United Kingdom solar.
With so much of the space in United States cities allocated for parking, the dual pronged approach of the Inflation Reduction Act (IRA) – production tax credits to drive investment in domestic manufacturing and investment tax credits to attract consumer-side investment – means solar canopies can make a huge contribution to the net zero drive.
China’s solar industry rebounded in 2023 after years of pandemic-related sluggishness. As the year draws to a close, pv magazine looks back at key highlights of 2023 and considers the prospects for 2024.
Solar manufacturing capacity has been ramping up so quickly that even impressive installation growth cannot keep pace. Molly Morgan, senior research analyst at UK-based research firm Exawatt, explores the relationship between PV supply and demand and assesses the likelihood of overproduction.
Matteo Salvini, head of one of the parties in Italy’s coalition government, last year pointed to a future energy system based on rapidly deployed nuclear generators, sowing further doubt for renewables investors. Patrick Donati, founder of Italian independent power producer (IPP) Terrawatt, explains why nuclear will have no future in his homeland and why installing panels on a limited amount of farmland – rather than costly agrivoltaics – could be a necessary short-term climate fix.
With metropolitan-borough and city councils in England and Wales already driving decarbonization initiatives, local government bodies could do so much more if given adequate powers and funding.
Almost every weekend since Easter, European generators have been paid to power down plants but some Northern European nations are experiencing record electricity prices. An energy system set up for fossil fuels is in urgent need of reform, according to Gerard Reid, co-founder and partner of Alexa Capital.
Everoze Partner Abdul Sotayo highlights some of the issues that continue to hold back progress on clean energy in Nigeria, where energy poverty remains a problem, despite the nation’s vast solar potential.
A flurry of clean energy announcements in the European Union this year bodes well for the expansion of renewables but there will be a race against time to get key legislation adopted before next summer’s European elections.
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