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pv magazine’s weekly news round-up: Aug 8-15

first_imgpv magazine’s weekly news round-up: Aug 8-15A quick look back at the biggest solar news stories that have grabbed our attention over these past seven days. August 15, 2014 pv magazine Finance Installations Legal Manufacturing Markets Markets & Policy Share Every Friday, pv magazine will round up the biggest and best stories from the past week and package them here in one easily digestible news nugget. So kick back, fire up the coffee machine and get up to speed with the latest comings and goings in the global PV industry. What we learned this weekAs first half financial reports hopped hot off the press production line seemingly every day, it was the first half performance of leading global PV markets that caused the biggest stir. China cemented its position as the world’s PV powerhouse, adding 3.3 GW of solar capacity in the first six months of 2014. However, despite eclipsing all other markets, that figure was some way short of approaching the halfway point towards 13 GW for the year – a target the government confidently pitched at the beginning of 2014. Elsewhere, NPD Solarbuzz confirmed that the U.K. had now reached 5 GW of installed solar capacity, shooting it to sixth-place overall as the nation rushes to bring large-scale solar plants online before next April’s removal of the Renewable Obligation Certificate (ROC) scheme for installations of 5 MW or more. The British government’s decision to scrap the scheme appears to be at odds with public perception following a Department of Energy and Climate Change (DECC) public attitude tracker that found 82% of British households favor solar as their preferred choice of energy – a result that came as no surprise to the U.K.’s Solar Trade Association (STA), policy analyst Leonie Greene told pv magazine. “Time and time again the public pick solar power as their favorite technology. This is reflected in the fact we have over half a million solar homes across the U.K. today, and growing. The scale of public support makes it nonsensical that solar power is being singled out for punitive treatment by DECC. Solar farms have not dented the very strong public support for solar, and indeed polls specifically on solar farms show they are the single-most popular local energy development,” Greene said. “If government provide a stable policy to grid parity for solar, the public’s love of this technology will be rewarded in full.” Japan’s solar love affair shows no sign of descending into the sort of passive aggression-tinged, “nuclear would never have said that…” type relationship that can afflict some blossoming unions: the market is on course to grow by as much as 11.9 GW (AC) this year, according to Bloomberg New Energy Finance (BNEF). Data from the country’s Ministry of Economy, Trade and Industry (METI) showed that more than 1 GW of capacity was added to the grid in April, with more than half comprising small-scale (10 kW to 1 MW) installations. “Providers of residential systems are now focusing on small-scale commercial applications with the capacity of 10 kW to <50 kW," said Izumi Kaizuka from RTS. Back to black?Many leading solar companies published their first half financial results this week, with the overriding trend wholly positive for most. Germany's centrotherm delivered strong revenues of $104 million, but believes a difficult second half lies ahead. The story was similar for SolarWorld, which despite enjoying a 53% shipment increase expects overall annual revenue to come in below expectations. Singulus cited order delays as a reason why the company's return to profit has been delayed in H1, but CEO Stefan Rinck said that the company is "well positioned for several investment projects with our products, and we expect additional, larger order intake in the second half of 2014, which together with the existing orders should still make earnings contributions in the current year." Meanwhile, Canadian Solar reported extremely strong Q2 results, driven by record shipments of 646 MW propelling its revenue to $626 million for the quarter. The company also revealed a pipeline of 1.3 GW, of which approximately half of that capacity is penciled in for Ontario, Canada. ReneSola also posted impressive shipment growth for Q2, posting a net profit of $800,000 after losing $21.1 million in the same period for 2013. AEG Power Solutions managed to narrow its Q2 loss to just €9.2 million, while Spain’s Abengoa had the Americas to thank for boosting its net profit, with the company generating more than 65% of its revenue from North and South America. Meyer Burger, meanwhile, filed a loss for H1 despite increasing its sales 43% year-on-year. New markets on the upComplementing solar's encouraging growth in the more established markets, as well the return to form for some of the industry's big-hitters, was the news that a number of previously unheralded (or slow-on-the-uptake) markets have begun to cause a solar stir. Turkey – touted for a long time as the next big thing in PV – is laying the foundations for a multi-GW market over the next decade, advisors at cleantech analyst firm Apricum told pv magazine. "Right now there is a 2 GW project pipeline for unlicensed PV applications in Turkey, of which at least 1 GW is very serious," said Apricum senior advisor Deniz Polatkan. "I anticipate that the market can surpass as much as 10 GW by 2023." BNEF reported too that Mexico and Central America are on the cusp of rapid PV growth, with Mexico alone on course to add 100 MW this year. The Central American region will see 193 MW of new solar PV capacity, rising to more than 450 MW in 2016, said BNEF’s experts. Energy reforms announced this week in Mexico should also benefit the solar sector, many experts believe. In the U.S., solar fever finally infected ‘ol Mississippi, with the state ruling that it is no longer opposed to net metering while also lining up Power Purchase Agreements (PPAs) for solar and wind projects to the tune of 100 MW. And finally…China continued to prod the U.S. by first asking for an extra week in which to strike a deal in the ongoing solar trade war (a request subsequently granted by the U.S. Department of Commerce), before today announcing that it will close a loophole next month whereby U.S., EU and South Korean polysilicon providers can no longer supply Chinese manufacturers via the country's "processing trade" rules. The decision is set to benefit those companies that enjoy low duties, Johannes Bernreuter of Bernreuter Research told pv magazine. Suntech snapped up 30% of U.S. storage company Powin Energy in a bold move into the American battery market; Saudi Arabia announced that it could soon offer solar PV LCOE between $70 and $90 per MWh, and Enphase Energy signed a three-year supply deal with Vivint Solar. August 8-15: That was the week that was. Be sure to follow @pv-magazine on Twitter for continued updates and breaking news, and check back next Friday for the next pv magazine weekly news roundup.Popular content The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. The re… Solar park built on rough wooden structures comes online in France Gwénaëlle Deboutte 26 April 2021 pv-magazine.com French company Céléwatt energized its 250 kW ground-mounted array, built with mounting structures made of raw oak wood.April 26, 2021 Gwénaëlle Debo… Spanish developer plans 1 GW solar plant coupled to 80 MW of storage, 100 MW electrolyzer Pilar Sánchez Molina 22 April 2021 pv-magazine.com Soto Solar has submitted the project proposal to the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start produc… We all trust the PV performance ratio test Dario Brivio, Partner 20 April 2021 pv-magazine.com The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… Enabling aluminum in batteries Mark Hutchins 27 April 2021 pv-magazine.com Scientists in South Korea and the UK demonstrated a new cathode material for an aluminum-ion battery, which achieved impressive results in both speci… ITRPV: Large formats are here to stay Mark Hutchins 29 April 2021 pv-magazine.com The 2021 edition of the International Technology Roadmap for Photovoltaics (ITRPV) was published today by German engineering association VDMA. The re… Solar park built on rough wooden structures comes online in France Gwénaëlle Deboutte 26 April 2021 pv-magazine.com French company Céléwatt energized its 250 kW ground-mounted array, built with mounting structures made of raw oak wood.April 26, 2021 Gwénaëlle Debo… Spanish developer plans 1 GW solar plant coupled to 80 MW of storage, 100 MW electrolyzer Pilar Sánchez Molina 22 April 2021 pv-magazine.com Soto Solar has submitted the project proposal to the Ecological Transition and the Demographic Challenge (Miteco). The solar plant could start produc… We all trust the PV performance ratio test Dario Brivio, Partner 20 April 2021 pv-magazine.com The performance ratio test is at the core of the handover from EPC to owner. Yet sometimes, even when best practice is applied – and without particul… The Hydrogen Stream: 20 MW green hydrogen plant in Finland, two Australian projects move forward Sergio Matalucci 20 April 2021 pv-magazine.com Storegga, Shell and Harbour Energy want to set up a 20 MW blue hydrogen production facility in the U.K. Australia’s Origin Energy wants to build a hy… 123456Share pv magazine The pv magazine editorial team includes specialists in equipment supply, manufacturing, policy, markets, balance of systems, and EPC.More articles from pv magazine Related content Solar and wind could provide half of 2040 power mix across 22 African nations Max Hall 29 April 2021 pv-magazine.com The International Renewable Energy Agency has combined energy infrastructure commitments across a huge swathe of the con… Indian government outlines rules for production-linked incentive scheme Uma Gupta 30 April 2021 pv-magazine.com PV manufacturers seeking Indian state funding for new production lines will need to meet minimum scale and module-effici… Curtailing corrosion: making mounting structures last pv magazine 7 April 2021 pv-magazine.com Raw material quality is vital for solar power plants, particularly given higher expectations for their lifetimes, as 30+… Lack of policy hampers energy storage in Cyprus Ilias Tsagas 29 April 2021 pv-magazine.com Although the government last month started offering purchase incentives for residential batteries, a net metering regime… Australia’s next wave of large-scale solar development pv magazine 7 April 2021 pv-magazine.com Call it “latent energy” – Australia’s renewable resources are expected to help some of the world’s greatest polluters to… China’s push for decarbonization Andreas Walstad 7 April 2021 pv-magazine.com The carbon market is finally a reality in China. After 10 years of delays, regional pilot schemes and general uncertaint… iAbout these recommendations Elsewhere on pv magazine... 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Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… MIBEL alcanzó nuevamente los precios más bajos de Europa mientras subieron en el resto de mercados eléctricos pv magazine 23 March 2021 pv-magazine.es En la tercera semana de marzo los precios de la mayoría de mercados eléctricos europeos subieron, mientras que MIBEL mar… Tasmanian Labor installs solar at the top of its campaign promises Blake Matich 8 April 2021 pv-magazine-australia.com Tasmania (TAS) is going to the polls on May 1, and the opposition Labor Party has put forth a $20 million plan to fund l… India closing in on 7 GW of rooftop solar pv magazine 13 April 2021 pv-magazine-australia.com India’s cumulative installed capacity of rooftop solar stood at 6,792 MW as of December 31, 2020, with 1,352 MW having b… Spotlight on Australian solar Bella Peacock 21 April 2021 pv-magazine-australia.com Calculating the average sunlight hours data from the Bureau of Meteorology from January toDecember 2020, Darwin was cro… Q&A: EEW’s $500 million Gladstone solar to hydrogen project is just the start Blake Matich 18 March 2021 pv-magazine-australia.com pv magazine Australia: Australia is the testing ground for a lot of different aspects of the future green hydrogen market. Cracking the case for solid state batteries pv magazine 29 April 2021 pv-magazine-australia.com Scientists in the UK used the latest imaging techniques to visualize and understand the process of dendrite formation an… 123456Leave a Reply Cancel replyPlease be mindful of our community standards.Your email address will not be published. Required fields are marked *CommentName * Email * Website Save my name, email, and website in this browser for the next time I comment. By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. 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For more information please see our Data Protection Policy. Subscribe to our global magazine SubscribeOur events and webinars Reducing solar project risk for extreme weather 20 April 2021 pv-magazine.com Discussion participantsDaniel H.S. Chang, VP of Business Development | RETCGreg Beardsworth, Sr. Director of Product M… Grid code compliance in megawatt projects 27 April 2021 pv-magazine.com Discussion participantsEhsan Nadeem Khan, Grid Code Compliance Engineer, meteocontrolModeratorsMarian Willuhn, Editor… iAbout these recommendations pv magazine print Curtailing corrosion: making mounting structures last pv magazine 7 April 2021 pv-magazine.com Raw material quality is vital for solar power plants, particularly given higher expectations for their lifetimes, as 30+… Australia’s next wave of large-scale solar development pv magazine 7 April 2021 pv-magazine.com Call it “latent energy” – Australia’s renewable resources are expected to help some of the world’s greatest polluters to… China’s push for decarbonization Andreas Walstad 7 April 2021 pv-magazine.com The carbon market is finally a reality in China. After 10 years of delays, regional pilot schemes and general uncertaint… PV feed in, certified pv magazine 7 April 2021 pv-magazine.com As more renewable energy capacity is built, commissioned, and connected, grid stability concerns are driving rapid regulatory changes. A deeper understanding of LeTID Jonathan Gifford 7 April 2021 pv-magazine.com Australia’s University of New South Wales (UNSW) has built a reputation for strong collaboration with the PV industry, f… On strong fundamentals pv magazine 7 April 2021 pv-magazine.com The solar industry faced headwinds in March, writes Jesse Pichel of ROTH Capital Partners, thanks to rising interest rat… iAbout these recommendationslast_img

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