News

The U.S. state’s latest report shows that it has beat its 2020 target for emissions reductions four years early, mostly thanks to more renewable energy.

A new study finds that from 2013 through 2015, distributed PV reduced peak solar hour mean wholesale electricity prices by 8–9%, avoiding costs of US$650–730 million.

In what marks another major PV project announcement for Vietnam, the Germany-based company will supply equipment for a 258 MW PV system, and commission it upon its completion, scheduled for mid-2019.

The extent of the rapid growth underway in the Australian PV market has been laid out in the latest report by the APVI. Pointing to 2018 representing “another record year for Australian PV” the outstanding growth of the utility scale segment is a particular highlight – with 1.1 GW commissioned and 1.9 GW under development.

Construction works are expected to start soon on two utility-scale solar PV project in New South Wales with a combined capacity of more than 460 MW, as confirmed by German-based Belectric, which will handle the EPC and O&M duties on both sites.

The latest reports from analysts at PV InfoLink and EnergyTrend show prices continuing to fall, though at a slower rate than was seen immediately after China’s 31/5 announcements. High efficiency mono-PERC modules fell to around $0.32/W, while multicrystalline module prices hold steady between $0.26 and $0.29/W.

In a wide ranging report released on Tuesday, the Australian Competition and Consumer Commission (ACCC) has recommended scrapping the Small-scale Renewable Energy Scheme (SRES) – which provides a sizeable capital subsidy to small scale rooftop PV. The Smart Energy Council has criticised the proposal and called for the Federal Government to “rule out abolishing the SRES.”

This year, more than 200,000 small-scale solar systems are set to be installed in Australia. The extraordinary expansion in rooftop solar deployment has been revealed in the latest figures from Green Energy Markets, which points to more than 1.4 GW of sub-100kW PV being added throughout the year.

Brisbane-based redox-flow supplier Redflow has begun shipping batteries from its new Thai manufacturing facility to Fiji, under a $1.6 million telecommunications supply deal. The batteries will be deployed by New Zealand’s Hitech Solutions to power Fiji’s new digital television network over the next six months.

In a Q&A with Bloomberg NEF (BNEF), two solar analysts tell pv magazine they see no PV module price rebound, continuing oversupply, and falling utilization rates. They expect Q4 could be a “hot market” for contract negotiations, while Chinese developers will start overseas construction earlier than planned for two key reasons.