Ginlong’s strongest-ever quarter confirms shift in global inverter market
Chinese string inverter maker Ginlong has reported its best-ever quarterly revenue. The record highlights the shift in the global inverter market since Beijing’s U-turn on solar subsidies pushed Chinese companies abroad.
Eric Luo: China will see just 20-25 GW of solar per year through 2025
The GCL System chief executive made comments that fly in the face of an expected solar gold rush in China that analysts predict will start this month. Though rising overseas demand will address overcapacity fears, according to Luo, the soundbite is sure to chill PV boardrooms across the world’s biggest solar market.
More calls for review of Victoria’s Solar Homes Program
Following similar calls from other industry bodies, the Clean Energy Council has urged the Victorian government to review its landmark Solar Homes Program and warned about the serious effects its dynamics has on the industry.
Next round of Solar Homes targets 42,000 resi arrays, 1,000 batteries
The Victorian Government has published its targets and caps for the 2019/20 round of the Solar Homes program. 40,0000 privately owned homes are set to receive government grants under the program, with an additional 2,000 systems on rental properties. 1,000 grants for retrofitted residential storage are also set to be subsidised in the latest round, in targeted areas.
Victorians invited to apply for rooftop solar rebates
Applications have officially opened for 50% rebates on rooftop solar installations under the Victorian government’s Solar Homes program, announced just weeks ago. The subsidies will be available until 30 June next year.
WA energy minister shifts focus from solar subsidies to battery incentives
The Western Australia government has signaled scrapping or winding back subsidies for rooftop solar, while looking for ways to boost battery uptake.
