unsubsidized solar

Intersolar Europe is always a key date in the solar calendar but this year’s show had it all, including three panel-smuggling arrests. Elsewhere, wafers were getting bigger, efficiency records were tumbling and new technologies were emerging. There was also more news on the solar car ports fad and Hanwha’s ongoing legal tussle.

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.

With the move, the Italian infrastructure fund has raised its operational renewable energy portfolio to 1 GW and secured access to the Spanish market for its EF Solare unit.

In this year’s tender, which is open to PV and wind projects with a generation capacity of more than 1 MW, solar may have better prospects after securing only 1 MW in last year’s exercise. The Energy Regulatory Office also announced the auction for sub-1 MW projects will be held on December 10.

Analysts at Fitch Solutions have published a report singling out Spain and Brazil as ‘outperformers’ in the global solar market and labelled Vietnam the “market to watch”. The analysts expect surging growth from the Southeast Asian nation to continue in the coming decade.

German EPC contractor GP Joule is set to begin construction of a 25.4 MW solar plant to sell power on the spot market as part of a diversified plant portfolio. The facility, in the province of Alberta, will expand the increasing list of unsubsidized projects announced in the region in recent months.

The wind power specialist has started prequalifying EPCs for the ground-mounted solar plant, which will be built near Timahoe North, County Kildare.

The London-based developer revealed blockbusting annual figures which show it is debt free, has almost £20 million in the bank, raked in more than half that figure in net profits in 2018-19 and expects twice as much in a year’s time.

The 5.8 MW Sparbanken Skåne Solar Park is in the Sjöbo Kommun, in the southern region of Skåne. The facility is selling more than half its output to the spot market and around a third to Swedish bank Sparbanken Skåne under a 10-year PPA. The rest is being traded on the Nord Pool electricity certificate market for renewable energy in Sweden and Norway.

The 8.8 MW project, in Mecklenburg-Pomerania, will sell power to industrial customers through a long-term PPA. Construction is expected to begin in June.