High power prices in Europe may be obscuring the impacts of price cannibalisation that threatens the future profitability of renewable energy on the continent, with a ‘belt of doom’ observed in Germany and Spain at risk of 30% cannibalisation rates by 2030.
With President Biden declaring a two-year freeze on new tariffs on solar imports from Southeast Asia, questions have been raised about the legality of the move as industry stakeholders assess the risk of it being challenged in court.
Solar developer ReneSola Power is looking to expand into further European markets after slowdowns in the US and China contributed to a revenue collapse in its opening quarter.
India has relaxed its rules surrounding the purchase of renewable power, with commercial and industrial consumers allowed to purchase clean power on voluntarily basis, while state distribution company (Discom) customers can demand to be supplied with renewable electricity.
The US solar market experienced its worst quarter for installations since the start of the pandemic in Q1 2022, weighed down by regulatory and supply chain issues.
US President Joe Biden’s decision to waive import tariffs on solar modules and other components for two years promises to thaw what had become a frozen market. PV Tech Insights will explore the next steps for US solar.
The decision of US President Joe Biden to waive tariffs on solar imports from Southeast Asia for two years and authorise the US Department of Energy (DOE) to use the Defense Production Act (DPA) to accelerate the production of clean energy technologies, including PV modules and module components, has been broadly welcomed by the US solar sector and industry analysts.
Having witnessed its utility-scale solar boom peak in 2015, the UK is primed for a return to large-scale solar buildout. Liam Stoker explores the pipeline, the drivers and the role of the country’s new energy security strategy in driving new solar deployment.
US solar manufacturer Solaria has settled patent infringement claims against Canadian Solar after winning a US International Trade Commission (ITC) ruling.
