The fate of the clutch of 500 MW-plus projects due to break ground this year could determine whether such ambitious schemes have a viable future, says Wood Mackenzie in its solar 2019 forecast. And the Indian market should brace for consolidation, add the analysts, because of aggressive reverse-auction tariff pricing.
With the International Renewable Energy Agency’s number-crunchers predicting almost 5.4 GW of new solar across the six Gulf Cooperation Council nations today, Suhail Mohammed Faraj Al Mazroui said his nation alone would install 6-7 GW of new renewables capacity by 2024, as pv magazine editor-in-chief Jonathan Gifford reports.
Two of the world’s biggest players in the oil industry have backed the nation’s ambitious solar target – and are putting their money where their mouth is.
Although the “solar flow battery” is currently considered too expensive by its own creators, a further improvement of its design and the use of emerging solar materials and new electrochemistry may open new opportunities for this kind of technology.
RenewSys India has filed an application before the Directorate General of Anti-Dumping & Allied Duties for the imposition of anti-dumping duty on imports of ‘Ethylene Vinyl Acetate (EVA) Sheet for Solar Module’ from China PR, Malaysia, Saudi Arabia, South Korea, and Thailand.
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