A new study by the International Renewable Energy Agency (IRENA) highlights the continued need to focus on balance of system (BOS) cost reductions for solar PV power plants to continue to expand as a key global renewable energy source.
The Indian state of Karnataka has revised its tariff for small-scale and rooftop solar systems downwards in the range of 25-45% in response to a reduction in the capital costs of solar.
Solarworld-headed manufacturer group EU Prosun said rival Solar Alliance for Europe (SAFE) is “twisting or simply ignoring” data from an analyst report to make it appear to support the latter’s position on the EU-China anti-dumping dispute.
PV manufacturing capacity expansions planned this year are expected to push production levels beyond anticipated demand in 2016, creating further cost pressures for suppliers.
In common with every other PV market in the world as it matures, attaining grid parity for the technology is the ultimate goal for Japan. As an electricity market in general, meeting electrical supply with demand will of course become ever-more important.