The leading trio – China, the United States and India – will comprise 70% of the projected 552 GW of solar capacity, which will be added between end-2017 and 2027, finds Fitch Solutions, which has revised down its original forecast for solar capacity growth in China. The curbed growth in China, due to subsidy cuts and restricted access to the United States and India, is expected to squeeze domestic solar equipment manufacturers, but also lead to access to cheaper solar panels in other smaller markets.
The target of 105 GW of cumulative installed photovoltaic power, which was originally planned to be achieved by the end of the decade, has already been surpassed. PV Info Link now reports that the 2020 solar target may be revised upwards to between 210 GW and 270 GW.
Despite political hurdles in key markets including China and Japan, Asia remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.
TOPCon technologies could further increase solar cell efficiencies, said Guangyao Jin, chief scientist, DuPont Photovoltaic Solutions, at this year’s Energy Taiwan, held in September. He added that metallization paste is crucial.
In an interview with pv magazine, vice president of GoodWe, Ron Shen, talks about the company’s plans for Germany, Spain, Africa and India, in addition to its goal to triple production capacity to 15 GW in China. He also discusses the effect of China’s 31/5 policy change, and plans for an initial public offering (IPO).
The award of the nation’s first solar project quality certificate may signal a renewed determination by the federal authorities to crack down on low-quality panels – with Far Eastern imports firmly in their sights.
Banks categorize renewable energy projects as risky and believe they offer lower rates of return than fossil fuel schemes, making them reluctant lenders.
Even though postponing the duty on solar cell imports from China and Malaysia is not a long-term resolution, it will offer relief to developers with ongoing PV projects, especially for those with shipments in transit or which arrived after 30 July.
The Government of India will also consider changes to the 25% safeguard duty imposed on solar cell imports from China and Malaysia only after the next hearing in the Odisha High Court, which stayed the levy.
Responding to developer requests, the state-run NTPC has deferred a 2 GW solar auction by a week, to Tuesday. Madhya Pradesh Urja Vikas Nigam Ltd is another state-owned corporation that has extended its bid submission deadline – for 33 MWp of rooftop solar – from August 9 to August 17, after similar requests.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.