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Subsidy

Is China’s market heading toward a cliff edge?

Even when taken in the context of the growing pessimism that has gripped China’s PV industry regarding 2019 demand since the middle of the year, the latest figures from the China Photovoltaic Industry Association (CPIA) are astonishing. More optimistic forecasts from earlier in the year have been downwardly revised, with installations headed for a “cliff edge” decline that could see demand fall by as much as 50% year on year. So, what exactly has taken place?

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South Australia launches battery subsidy scheme

The South Australian government has inaugurated its landmark $100 million Home Battery Scheme, which will subsidize the cost of buying a home energy storage system for up to 40,000 South Australian households. A nine-week priority period has been given to locally made battery systems, with Germany’s sonnen as the first provider to enjoy this benefit.

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India: UPNEDA issues draft Solar Power Policy 2017

The draft Uttar Pradesh Solar Power Policy 2017 aims to encourage participation of the private sector and provide investment opportunities in India’s most populous state.

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Czech Republic allocates additional funds for commercial PV

In addition to the Green Savings Programe, the Czech government has now started to provide solar incentives through the Operational Program for Entrepreneurship and Innovation for Competitiveness (OPPIK).

German development bank restarts subsidy for PV + storage

Kreditanstalt für Wiederaufbau (KfW), the development bank owned by the German government, today announced that it will restart subsidy payments for PV + storage applications within Germany.

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UK: expect little other than zero subsidy solar

Following the UK’s referendum result to exit the European Union, news from the country emerges at a speed that is hard to monitor and last week the energy community discussed EDF’s call for a final decision regarding a new U.K. nuclear plant. Adding to the Brexit gloom and the anticipation of EDF’s decision this week is the certainty the U.K. solar industry can expect nothing other than a zero subsidy future.

Cyprus: Energy regulator issues 18 licenses for PV parks

The Cypriot Energy Regulatory Authority (CERA) announced on Friday 14 December the results of its recent application call for photovoltaic projects ranging from 20 KW to 150 KW. Overall, 18 applications were approved corresponding to a total capacity of 1.7 MW of solar power.

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