PV industry continues to take increased share of current generation despite power demand falling across the globe due to COVID-19, Simon Brown of global consultancy RINA tells PV Tech.
European renewables investor The Renewable Investment Group (TRIG) has warned of a “material impact” from COVID-19 on its power price forecasts, contributing towards a cut to the group’s net asset value (NAV).
The PV inverter rooftop solar market in India was dominated by three China-based manufacturers last year, led by Growatt, according to JMK Research & Analytics.
Group rolls out COVID-19 precautions as it starts building 126MW trio in Ciudad Real and expects to break ground on 264MW PV project in Extremadura in ‘coming weeks’.
A new peak solar generation record has been set in the UK, with the industry citing the pivotal role of a collapse in air pollution levels following the roll-out of lockdown measures.
Renewables generators have been reminded that power produced during extended periods of negative pricing cannot receive subsidy payments under European regulations.
Firm says green energy ‘mission’ will steer actions at time of COVID-19 uncertainty, as shareholders back US$500m raise to fund US$1.8bn plan to deploy solar and wind in Chile and Colombia.
Order signed by US president grants importers 90-day deferment on the payment of duties, taxes and fees to help with COVID-19 impacts, but does not extend the lifeline to PV components.
On 1 January this year, the solar investment tax credit, responsible for fuelling the rapid growth of the US market, began its decline. Cecilia Keating assesses what impact it will have.
