The latest global PV industry outlook published by trade group SolarPower Europe, has indicated tight supply of the solar panel raw material is expected to persist this year but the trade body said it would be unlikely to drive further price rises.
Despite the growth, one-off exceptional events in the fourth quarter hit the solar EPC’s overall fiscal performance. These included a prime subcontractor going bankrupt in Australia, rising module prices, and increased freight costs.
More than 100 Australian businesses, including some of the country’s largest, have banded together to put pressure on government to commit at least 1% of GDP to a green energy recovery in the May budget and to ensure a more equitable transition to renewables for marginalised Australians.
The $2 trillion package includes a proposed 10-year extension of the ITC and PTC and calls for further incentives to add transmission capacity. Most solar advocates liked it, but one nonprofit panned it as being too industry-friendly.
Queensland’s government will install five community batteries at regional substations across the state in a bid to time-shift its abundant solar resources.
“Unprecedented” was a term widely used in 2020, as the world grappled with the Covid-19 pandemic. The same word can be similarly applied to the plans and investments in production capacity announced by Chinese PV manufacturers right across the supply chain. But what shape are these expansions taking and what is driving this renewed confidence? Vincent Shaw reports from Shanghai.
BHP has started the year by signing a PPA that will halve emissions at its Nickel West Kwinana refinery and double its green cred as a supplier to environmentally conscious lithium-ion battery manufacturers.
Soon 2020 will only be a worry to future high-school history students. But when they ask us if anything good at all happened in 2020, remember this review and tell them that solar PV shone in the darkness. Despite the mess of it all, 2020 has been another good year for Australian solar. The industry has demonstrated resilience, and significant progress has been made in the fields of energy storage, green hydrogen and others.
The performance and warrantable 10-year capacity of LG Energy Solution’s third-generation Prime series are among features designed to turn homeowners’ heads.
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