A study by the International Energy Agency into the chilling effect of the Covid-19 pandemic on energy demand states renewables will be ‘the only energy source likely to experience demand growth for the rest of 2020’. The slower the economic recovery, the more the fossil fuel industry will suffer.
The unfolding effects of the Covid-19 crisis, and fears of a possible second wave, have split analysts trying to guess how the unsubsidized renewables market will emerge as slumping demand continued to distort power markets. pv magazine rounds up the week’s coronavirus developments.
Solar project developers and other component importers are among those eligible to apply for low-interest loans for up to 10 years. The government had already offered a $200 million credit line last year.
According to the latest figures from the Turkish grid operator, 109 MW of new solar was added in the first quarter, most of it net-metered rooftop systems. The troubled 1 GW national tender originally planned in January 2019, however, has been postponed for a second time, with the government stating the Covid-19 crisis will cause the exercise to be staged next year.
The transformer-free products have a power range of 3-6 kW and efficiency of 97.8%. The Chinese manufacturer says the devices are designed to accurately match the voltage and phase of the grid sine wave AC waveform.
Historically underreported by the U.S. Fire Administration, fires at solar installations rose 36% from 2017 to 2018. With residential installations representing the majority of fires, infrared imaging could be the key to bringing the number down.
Today’s edition of the Official Journal of the French Republic featured two long-awaited decrees: One concerning the multi-year energy program and another on national carbon budgets and the state’s low-carbon strategy.
A team tasked by the European Commission with estimating the raw material requirements of the European energy transition found if global PV roll-out is high, and the component requirements of certain solar technologies don’t improve by a greater margin, some elements could end up in short supply.
Up to 150 GW of PV and wind projects could be postponed or canceled throughout the Asia-Pacific region by 2024 if the coronavirus-triggered recession continues beyond the current year, according to new research by Wood Mackenzie.
Solar capacity is expected to grow to unthinkable levels in the tiny country, according to a new report by Netbeheer Nederland. Under one scenario in which regional governments and companies would take the lead in the energy transition, cumulative solar capacity could reach 125 GW. Under a second scenario, in which growth would be driven by the central government, total PV capacity could hit 106 GW.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.