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PV trends of 2020: Part 2

Despite much of the world being on lockdown for a big chunk of 2020, there are few who could say it has been an uneventful year. And while the ongoing Covid-19 pandemic will be what defines 2020 for many, in the solar industry there’s plenty more to shout about, from the rapid rollout of high-powered modules to a drastic increase in carbon-neutral pledges from companies and governments around the world. Across five installments, pv magazine takes a look back at the year in solar. First up were the U.S. election and carbon neutral pledges. Today, we’re talking about auctions and green bonds.

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Ukraine moots 895 MW of new solar to 2025

If a call by the Ministry of Energy to procure 155 MW of solar next year is adopted, a first, 50 MW auction would be held in June.

2

Greece to overhaul licensing regime which puts the brakes on solar

The energy ministry has published a plan to radically simplify the renewable energy permitting process. The new system is expected to come into force as early as next month and will be applied retroactively to address a 22-month backlog in generation license applications.

3

Who has won contract for Indonesia’s controversial floating PV project?

The government was forced to hold a tender for the 200 MW Cirata Dam scheme after originally awarding the deal to UAE developer Masdar. With August 19 named as the date to announce the auction results, nobody is any the wiser as yet.

Moldova proposes renewables tariffs

The energy regulator has proposed a 15-year payment of $0.10/kWh for PV projects with a generation capacity of 10 kW-1 MW. The first auctions for large renewables projects are planned for early next year and will grant a fixed rate rather than a variable premium.

1

Two new utility-scale PV projects for Denmark

Two utility-scale solar PV projects totaling 32 MW are set to come online in Denmark by the end of 2018, having received financing from the Danish Green Investment Fund.

Low tariff secured for NTPC’s 2 GW Indian solar auction

Amidst the Indian government’s yo-yoing on the 25% safeguard duty, the National Thermal Power Corporation’s (NTPC) auction to develop 2 GW of interstate transmission system (ISTS)-connected solar PV projects attracted a low winning tariff of Rs. 2.59 (US$0.0372) per unit.

PV demand, changing auctions and price declines – GTM lays out its latest predictions

An uptick in global PV demand will occur in 2020, with China’s 30.5 policy directly affecting 2018’s results by around 18%, says GTM Research. Rapidly falling module prices will benefit predominantly Asian markets, where modules comprise the lion’s share of capex, although regions like Europe will see increased installations. Laying out 10 PV predictions, it anticipates, among others, intensified competition, lower bid prices, more technology neutral auctions and an increasing amount of subsidy free solar.

India invites 2.5 GW bids for ISTS-connected wind-solar hybrid projects

The projects are to be developed on a build-own-operate basis for an aggregate capacity of 2,500 MW. The eligible bid capacity is 200-500 MW, with a project capacity of at least 50 MW at one project site. The maximum tariff payable to each project developer is fixed at Rs 2.93/kWh for the entire term of 25 years.

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