Falling battery costs to push solar, wind to 50% electricity by 2050

BNEF predicts that solar PV capacity will grow 17-fold, and wind six-fold, by 2050, to account for nearly half of global electricity generation. Investments will reach $11.5 trillion. Cost reductions will drive this charge, particularly in the battery market. Despite this, the electricity sector is still failing to bring CO₂ emissions down to the required levels.

TrendForce: China PV policy moves to undermine Section 201 tariffs

The analytics firm is the latest to predict a decline in global PV demand this year and crushed global module prices due to Chinese policy changes. TrendForce also finds that the protectionist moves taken by the U.S. will be weakened by falling module prices.

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Wacker to restart U.S. polysilicon production

Wacker Chemie has said it is gradually ramping up production at its beleaguered U.S. polysilicon production site, with product expected to be again available in Q2. The shutdown has affected its Q1 earnings, with sales down 18% compared to a year ago.

Record inverter shipments in 2017, three-phase string inverters overtake central for first time

According to the latest GTM Research statistics, global inverter shipments increased 23% in 2017, and revenues 11%, thus representing another record year. A market first, three-phase string inverter shipments overtook those of central inverters.

Solar tracker market could reach 20 GW this year

GTM Research says last year’s record levels of global solar tracker shipments will be surpassed in 2018, as Latin America displaces the United States as the largest market and NEXTracker holds on to the top spot.

Taiwan next country to file WTO complaint over US solar tariffs

Taiwan has filed a complaint with the WTO over the Trump Administration’s decision to impose safeguard tariffs of up to 30% on crystalline silicon solar cell and module imports.

Longi Solar confirms 500 MW Indian cell, module factory

Longi Solar’s planned PV fab in Andhra Pradesh will manufacture 500 MW of cells and 500 MW of modules. The facility will seek to take advantage of India’s partial exemption from the recent U.S. solar tariffs under Section 201.

US solar tariffs: Korea to file WTO petition, Mexico considers legal action

The latest reactions to President Trump’s tariffs on imported solar include the Korean Government’s announcement that it will file a petition with the World Trade Organization (WTO) and Mexico’s promise of legal action.

BNEF releases 2018 clean energy predictions

BNEF has released its top 10 clean energy predictions for 2018, including at least 107 GW of solar PV installs. China will lead, but Latin America, Africa, Asia and the Middle East will notably up the ante. India will install less RE than in 2017, but will see fossils outpace RE for the last time; and China will see distributed grid connected solar leading the market. Li-ion prices are also declining, while EV sales grow.

Canadian Solar considers going private

Canadian Solar Inc. has received a proposal from Chairman, President and CEO Dr. Shawn Qu, under which he offers $18.47 per share. The move would follow that of Trina and JA Solar.

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