In both Belgium and Chile, the planned mandatory installation of smart meters is raising concerns among consumers, residential PV system owners and the solar industry. Although seen as a positive, the early stages of smart meter deployment create issues related to the calculation of net metering tariffs and the management and ownership of consumption data, as well as additional costs for consumers.
The Solarville project, by Ikea’s Danish research and design laboratory, has seen the participation of blockchain companies such as Bloc, Blocktech, WeMoveIdeas India and Temporal. It was conceived to help create cooperative community micro-grids to enable homeowners to become clean energy traders.
Definitive data from analyst Wood Mackenzie and the Solar Energy Industries Association show tariffs taking a bite out of the U.S. market, but also a near-record number of new projects under contract.
According to new figures released by SolarPower Europe, last year saw 1.4 GW more new solar generation capacity than trade body had expected. Lower demand in China was compensated for by stronger developments in emerging markets.
The Northwest Territories of Canada are going to host a solar-plus-storage project that will be the first of its kind in the region. The facility will power three businesses and 32 residential units in Inuvik and Iqaluit.
As RP Global starts work on 11 solar hybrid mini-grids on Lake Victoria that will supply electricity to 160,000 people, analyst Wood Mackenzie has released a report stating how increased capital flows in the sector may still fall short of securing universal electricity access by 2030. Nonetheless, off-grid solar is the cheapest and most viable solution for remote areas and attracts investment from fossil fuel majors and venture capital funds.
The level of new solar capacity – 8,263 MW – however, was 15.5% down from the 9,782 MW added in 2017 owing to safeguarding duty and tax taking a toll on large-scale PV. While utility-scale solar declined 23% year-on-year, rooftop PV remained a bright spot, and registered impressive growth of 66%.
The module maker and electronics giant is testing the feasibility of a complex virtual power plant with a blockchain platform provided by US-based LO3 Energy.
As national elections approach, prime minister Narendra Modi has signed off a huge check to finance national programs to subsidize household and community PV and to drive solar pump deployment in the nation’s fields.
Projects not encompassed by the new, central-subsidy-free, ‘grid-parity’ regime will be eligible to bid for a government subsidy. But, at a reported $446 million, the pot is not very big.
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