10-25-2017, 04:19 AM
Solar power projects bid at low tariffs may be at risk as the prices of photovoltaic panels have risen amid a push in the U.S. to impose anti-dumping duty on cheaper imports from China. Tariffs could also rise from record lows as uncertainty over costs may deter renewable energy producers from quoting low rates in future auctions. The price of Chinese solar panels rose to 20 percent in the last six months to 35 cents per watt, Sanjeev Aggarwal, managing director and chief executive officer of Amplus Energy Solutions Pvt. Ltd, a solar rooftop project developer, told BloombergQuint.
Rising Chinese Solar Panel Prices May Put Indian Projects At Risk - Renewable Energy World
China has installed 24.4 gigawatts (GW) of solar PV in the first six months of 2017, including an extraordinary 13.5GW in the month of June alone, as developers rushed to complete installations to capitalise on a higher feed-in tariff that expired on July 1. According to the data from the China PV Industry Association (CPIA), the 24.4GW of new capacity — a combination of large and small scale — represented an increase of 9% year on year. It is also equivalent capacity to Australia’s entire coal fleet, and more than four times its installed solar capacity. The boost in installations was also accompanied by a 28% jump in the amount of solar cells produced in the first half to 32GW, while the output of solar modules rose 26% to 34GW. “June was prime time for developers making sure their systems were connected to the grid in order to enjoy the 2016 FITs, which were reduced between 13 and 19 per cent from July 1,” consultant Frank Haugwitz wrote recently.
China Brings 13.5 Gigawatts Of Solar PV Online In A Single Month | CleanTechnica