Data company IHS Markit expects almost nine out of ten big solar projects in the Americas over the next three years to be tracker mounted. More than a terrawatt of new solar will be added from this year to the end of 2025, the analyst predicted.
The prime minister of the South American nation, one of the most recent arrivals to the club of oil-producing states, has spelled out how his country plans to move to a low-carbon economy.
Last year’s figures marked the first time the market saw sustained, subsidy-free growth across residential, commercial and utility scale projects, according to trade body Solar Energy UK.
The European Commission’s proposed renewable energy financing mechanism would enable wealthier EU nations to fund clean energy projects in poorer neighbors rich in solar potential.
In other news, Haiyuan Material (HYM) said it will commission its 600 MW heterojunction cell factory in July and Polysilicon supplier Daqo announced it is seeking to raise RMB11 billion ($1.74 billion) through a share private placement.
The Green Party members of the coalition governing the EU member state are losing patience with the slow progress of a bill they tabled eight months ago to remove the requirement for schools and other public buildings to have planning permission to install panels.
British analyst GlobalData has predicted residential and commercial rooftop panels will not return to a declining price trend until next year, with post-Covid logistics headaches the cause, rather than a polysilicon shortage.
With comparisons with a Covid-hit 2020 inevitably offering a string of positive numbers, there was also little to concern the board of the inverter and battery manufacturer from the returns generated in the last quarter.
With solar readmitted to the process for subsidizing new renewable energy generation capacity, the government says it is “hitting the accelerator” on clean power as it aims for a fully decarbonized electricity system by 2035.
An initial intent to commission 28 local solar-plus-storage networks has now been stated as comprising “around 20” mini-grids, with delivery expected this year, rather than by the middle of the year.
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