EU adopts directive allowing reduced VAT on several goods, including solar panels
The Directive No. 2022/542 was published in the Official Journal of the European Union on April 5. According to the new provisions, member states will be free to apply a VAT rate of 0% to 5%.
India may miss 2022 solar target of 100 GW by 27%
A new report by JMK Research and the Institute for Energy Economics and Financial Analysis (IEEFA) says India is likely to miss its 2022 solar target of 100 GW by about 27 GW, mainly due to the underwhelming growth of rooftop solar. While utility-scale solar is on track to achieve nearly 97% of the 60 GW installed capacity targeted by 2022, rooftop solar will be 25 GW short of the 40 GW mark.
Turkey’s 1 GW PV tender attracted, so far, a lowest bid of $0.0257/kWh
The Turkish Ministry of Energy has completed, thus far, only the tender’s first 300 MW tranche, and the three winning bids ranged from $0.0257/kWh to $0.0293/kWh
Photovoltaics for electric cooling
According to new research from Sweden, solar PV might be cost-competitive in powering electric cooling for an investment cost ranging from $165/kW to $480/kW in hot-climate countries such as Brazil, Spain, India and China, among others. The study focused on the cooling demand for the residential sector, where most of it is expected to originate.
Germany allocates 1.08 GW of solar in PV tender
The tender concluded with a final average price of €0.0519/kWh, which is slightly higher than the €0.050 reached in the previous procurement exercise of the same kind. Bids ranged from €0.0405 to €0.055/kWh.
First Solar bags two module orders totaling 4.75 GW
The US manufacturer secured this week two solar module supply deals from Origis Energy and Silicon Ranch, respectively.
NGK Insulators enters perovskite PV module business
NGK Insulators has invested an undisclosed sum in Enecoat, which develops perovskite solar cells via a wet process based on organic chemistry, a low-temperature coating process, and roll-to-roll printing.
Trina Solar brings 425 W rooftop PV module to Europe, with 21.9% efficiency
China’s Trina Solar is bringing a new 425 W solar panel to the European market, following an Australian market launch in March. The panel relies on the company’s n-type PACO Cell technology, 210 mm diameter wafers, multi-busbar design, non-destructive cutting, and high-density packing.
Madrid’s airport to host 120 MW solar park
Adolfo Suárez Madrid–Barajas Airport in Madrid will open a new 120 MW PV plant as part of a bigger, €350 million ($380.8 million) solar deployment plan.
Bangladesh’s highest-opex rooftop PV plant goes online
Bangladesh has inaugurated its largest rooftop solar array under the opex model, at a location south of Dhaka.
