NewEnergyNews: Solar Advances Around The World

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    Friday, December 28, 2018

    Solar Advances Around The World

    And let the solar games commence; While China’s PV policy announcement dominated the headlines in Q2 2018, there were a lot of other significant happenings in the world…

    Becky Beetz, December 26, w018 (PV Magazine)

    “…[Major solar manufacturers SunPower and SolarWorld Inc. have announced they will work together, allowing completion of] South African renewable energy PPAs…[Research found] 2017 global inverter shipments increased 23%, while revenues grew 11%... [China’s 9.65 GW of Q1 installations were up significantly on 2016’s 7.14 GW and 2017’s] 7.2 GW…Confirming predictions that installs would veer away from utility-scale, which until now had been the dominant sector, the quarter saw a massive increase in DG…[It was] an overall increase of 22% YoY, while utility saw a 64% decrease, and DG a massive 217% increase…[But China will add no new ground-mounted PV and has capped DG at 10 GW]…The Middle East continues its slow but steady solar march, with Tunisia unveiling a 500 MW tender in May…

    …[California] set a new record for peak output of utility-scale solar at more than 10.5 GW. It also hit a new record for the instantaneous portion of demand met by renewable energy on April 28, at 73%...with solar and wind alone meeting 64% of demand… BloombergNEF said it expected to see a 34% decline in multicrystalline solar module prices in China…[A global PV module price collapse dropped average PV module prices] to $0.278 per watt for standard multicrystalline modules…[growth will be down] around 5-8%...[T]he EU agreed on a 32% renewable target by 2030…A new record was set in Germany, with PV systems producing just under 6 TWh of solar power during the month of May…[France will increase] solar capacity…[Total will] install 10 GW over 10 years…” click here for more

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