The scheme, which provides investment support for residential and commercial PV systems, now includes the possibility of expanding projects developed under the program’s previous phases.
Vietnamese conglomerate TTC Group is now seeking investors for 10 to 20 projects, with plans to connect them to the grid by next year, according to recent media reports.
According to Deloitte’s annual “Resources 2017 Study – Energy Management: Sustainability & Progress,” grid parity, driven by technological advances and plunging prices, has allowed consumers and businesses to choose clean energy over more traditional fossil-fuel options, with increasing solar use being most consumers’ top priority.
A Q1 report by GTM Research and SEIA found PV system price declines across all sectors, following collapses in component pricing. Fixed-tilt utility-scale systems broke the US$1 per watt barrier for the first time during the quarter.
According to analysis from Fraunhofer ISE, PV was almost on par with nuclear power in Germany in the previous month. PV systems installed in Germany generated the record volume of 5.57 terawatt hours.
The government of the Australian state has revealed plans to launch reverse auctions this year for as much as 400 MW of renewable energy capacity, in addition to 100 MW of energy storage systems, as part of a new A$1.16 billion ($873.2 million) investment.
Although the central European country has a solar market with a stable growth, the residential solar-plus-storage segment is still far behind its strong potential. In 2016, around 500 storage systems combined with PV installations were installed under the incentive scheme in the country.
At pv magazine’s 5th Quality Roundtable at Intersolar Europe 2017, experts from the solar industry looked into holistic approaches to quality management for the lifetime of projects looking at selection of components and legal and technical issues.
The French power utility has launched a new offer to promote solar for self-consumption among joint-ownership associations.
While utility-scale and C&I solar performed well, the U.S. residential market contracted 17% due to slowness in California and other key solar markets.
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