Current pipeline lies at such advanced stages that 3.6GWac of PV and wind could be commissioned nation-wide after 2019’s market lows, say Rystad Energy consultants.
PV might have only seen 30.22GW added throughout 2019 but ‘year-end rally’ hinted at by latest NEA figures may indicate market will rebound more than expected in 2020, analysts say.
Leading monocrystalline wafer producer, LONGi Green Energy Technology has guided a surge in net profits expected for 2019, due to increased manufacturing scale lowering production costs and with significant growth in overseas market demand for its PV module subsidiary, LONGi Solar.
Manufacturer tells PV Tech of ambitions to triple annual shipments to the country within three years and stage a shift to bifacial to better serve utility-scale projects.
Industry association GÜNDER tells PV Tech it expects mix of large-scale tenders and net metering support for smaller systems will drive annual gigawatt-scale growth starting this year.
Updated: Leading ‘Solar Module Super League’ member touts new conversion efficiency gains for its P-type PERC and N-type ‘HOT’ bifacial solar modules, verified by TÜV Rheinland.
Andy Colthorpe and Liam Stoker are back reviewing the pivotal clean energy headlines from around the globe. Liam reports back from the World Future Energy Summit in Abu Dhabi where the future of the Middle East’s power grid was up for debate before the discussion moves on to Australia’s bush fires, the nation’s relationship with coal and what ‘Scotty from marketing’ might be able to learn from Germany.
BNEF: American ITC rush and Spain’s subsidy-free shift help bolster 2019’s declining global solar finance figures, setting the scene for a boom of merchant and PPA-based PV this year.