China is planning to increase efforts to ensure that the country’s wind and solar sectors can quickly compete without subsidies and achieve “grid price parity” alongside traditional energy sources like coal, according to new draft guidelines published earlier this month.
Another month is over (long over, actually) and it’s time for another update on what actually changed in the solar industry in that time period. Additionally, we got a significant look at new or updated professional forecasts for the solar industry in various arenas. Read below to see the big solar news of August.
Following reports last week that the European Union was considering scrapping import controls on solar panels and cells from China, the European Commission has announced that it will remove trade duties on solar panels and cells imported from China, Taiwan, and Malaysia.
According to reports from Reuters, the European Union is considering scrapping import controls on solar panels and cells from China next month after a majority of the EU’s Member States backed the move.
Late on Tuesday China finally moved to file a complaint with the World Trade Organization (WTO) regarding the United States’ import tariffs on solar PV products which it believes violate WTO regulations.
The next quarter of solar PV demand will be the lowest since 2015, according to new figures from GTM Research, due “almost entirely” to China’s recent decision to end its utility solar Feed-in Tariff scheme and cap distributed generation at 10 gigawatts (GW).
China’s National Energy Administration announced last week that the country installed a total of 24.3 gigawatts (GW) worth of new solar capacity throughout the first half of the year, made up of only 12.6 GW worth of utility-scale solar but an impressive 12.24 GW worth of distributed solar.
Chinese solar manufacturer LONGi Solar announced last week that it has signed a $600 million supply agreement with an unnamed major US power plant developer for the company’s high-efficiency monocrystalline modules.
Chinese solar manufacturer JA Solar announced last week that it had secured a $68 million loan with China Minsheng Bank for the equipment at the 1.5 gigawatt (GW) wafer manufacturing facility for its Vietnamese subsidiary.
The United States imposed an additional 25% tariff on imported Chinese solar cells and modules last week in America’s steadily escalating trade war with one of the world’s most dominant economies and international powers.
