• GERMAN PV INSTALLED CAPACITY HIT A NEW RECORD

    GERMAN PV INSTALLED CAPACITY HIT A NEW RECORD

    According to the latest data from the Bundesnetzagentur, Germany added 640 megawatts of photovoltaic installed capacity in August. In the first eight months of this year, a total of 4.8GW of photovoltaic installed capacity was added, compared with 3.6GW in the same period last year, 5.26GW in the whole year last year and 4.9GW in 2020.   According to the statistics of Global Photovoltaics,...
  • COLOMBIA: DRIVING SOLAR DEVELOPMENT

    COLOMBIA: DRIVING SOLAR DEVELOPMENT

    At present, the need to abandon fossil fuels has become more and more urgent, and many Latin American countries such as Colombia have embarked on the path of decarbonization. Although Colombia lags behind countries such as Chile or Brazil in solar energy development, the high level of solar radiation energy within the country and the favorable fiscal and taxation system for renewable energy projects make solar...
  • EU SET TO PAVE WAY FOR 565 BILLION EURO OVERHAUL OF ELECTRICITY GRID

    EU SET TO PAVE WAY FOR 565 BILLION EURO OVERHAUL OF ELECTRICITY GRID

    According to Bloomberg, the European Union will set up a plan to "digitize the energy system" and will announce it officially next week.   It is reported that the plan will require the EU to invest 565 billion euros (about 3.93 trillion yuan) in infrastructure by 2030 to realize its green plan and end dependence on Russia's fossil fuels. The document proposes several green action...
  • NETHERLANDS TO SLASH VAT FOR RESIDENTIAL PV TO 0%

    NETHERLANDS TO SLASH VAT FOR RESIDENTIAL PV TO 0%

    The Dutch government is planning to reduce the value-added tax (VAT) applied to PV systems used in residential applications from 21 to 0%.     “The measure will be part of the Tax Plan 2023 package and still needs final parliamentary approval,” Dutch solar analyst Peter Segaar said. “As the Netherlands has been a firm proponent of the decision of the European Commission to...
  • GERMANY: RESPONDING TO THE ENERGY CRISIS BY REDUCING AND EXEMPTING HOUSEHOLD PHOTOVOLTAIC TAXES

    GERMANY: RESPONDING TO THE ENERGY CRISIS BY REDUCING AND EXEMPTING HOUSEHOLD PHOTOVOLTAIC TAXES

    The German government continues to address the energy crisis by implementing tax breaks and measures to support small solar system. The tax relief is aimed at supporting PV systems under 30kW.   The new rules plan to start in early 2023, and any solar system operating on a single-family residential or commercial property with an output of up to 30kW will no longer be required to pay any income tax on the...
  • U.S. SOLAR PANEL SHIPMENTS HIT RECORD HIGH IN 2021, AVERAGE SHIPMENT PRICE DROPS 11%

    U.S. SOLAR PANEL SHIPMENTS HIT RECORD HIGH IN 2021, AVERAGE SHIPMENT PRICE DROPS 11%

    According to a report published by the U.S. Energy Information Administration (EIA) recently, U.S. solar panel shipments have increased from 21.8GW in 2020 to 28.8GW in 2021, it’s a new record.     Solar panel shipments include imported, exported, and manufactured domestically and shipped modules. Among them, about 80% of solar panel shipments in the United States in 2021 are imported photovoltaic modules, mainly from Asia.     The states with the largest U.S....
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