With European subsidies being cut left, right and centre, it appears Japan could fill the void and become the world’s second-largest market for solar power generation. The country will be welcoming the international solar community with open arms with the introduction of its latest feed-in tariff, which has the potential to generate US$30 billion by 2016 for the local economy. Industry Minister Yukio Edano approved the new rates this week, effective July 1.
The German government struggles to reach common ground on the proposed solar cuts, according to Bloomberg. In an email statement it was said that the upper house failed to reach an agreement in a panel meeting. Talks will resume on June 27. The upper house representatives have voiced concerns that the legislation will hurt domestic producers like Solarworld even further.
The inevitable fall-out from last month’s US Dept. of Commerce ruling against the import of Chinese solar products is now measurable in numbers, as the Coalition for American Solar Manufacturing (CASM) has revealed details of import figures for April. With US Customs and Border protection closely monitoring all imports to prevent companies dodging the anti-subsidy duties, imports in April came to US$70.7 million, down 66% compared to the previous month’s US$206 million.
Despite the feed-in tariff cuts in April, the French energy regulation commission (CRE) has released figures showing that installation requests have not stagnated over the last three quarters.
Flemish minister for energy Freya Van den Bossche has reformed green energy support. The government intends to overhaul its renewables certificates' scheme, where renewable energy producers receive a certificate for every megawatt generated, alongside phasing out subsidies.
The Australian Capital Territory (ACT) Labor government's minister for the environment and sustainable development, Simon Corbell has announced its large-scale solar auction is in its final stage. The feed-in tariff support scheme has shortlisted 22 proposals.
With highs of 23ºC and cloudless skies on May 26, Germany produced 22GW of electricity, meeting nearly 50% of the country’s midday electricity needs. The Renewable Energy Industry (IWR) estimated this equaled the amount of power generated by 20 nuclear power plants.
The Chinese Ministry of Commerce has identified six renewable energy initiatives in the US that the Chinese government believes is flouting World Trade Organization (WTO) rules on subsidies and countervailing measures in addition to the 1994 GATT Agreement.
Almost a week after the preliminary determination announcement from the US Department of Commerce, organisations and corporations continue to make statements.
Developments in the South American market, particularly in Brazil, have created such a buzz that it will play host to Intersolar’s first South America Summit in São Paulo in August 2012. Countries in the region are seeing dramatic increases in energy consumption of up to 30% per year, chiefly as a result of industrial development. At the same time, in nations such as Brazil, solar power is currently on the brink of grid parity.
