Weekly Review

PV market news this week：

1.Germany Adds 512MW of Solar-Plus-Storage Projects in Latest Auction

Germany has awarded 512MW of capacity to solar-plus-storage projects in its most recent Innovation Auction.?The auction, run by the Bundesnetzagentur – the German Federal Network Agency – had a total available capacity of 583MW. 48 project bids were submitted, adding up to a total of 564MW, and ultimately 512MW was accepted, while five bids were rejected.

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2.Australia's Rooftop Solar PV Market Backslides in June, Says Sunwiz

Solar consultancy group Sunwiz has signaled that in June 2024, rooftop solar PV installations in Australia dropped to their lowest point since January, with 247MW installed.?June's registered volume was 14% lower than May's 288MW, which Sunwiz attributed to "an anomaly". This is primarily due to the market decline witnessed between February and April before a spike in volume in May.

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3.Germany Wraps up 'Innovative' Tender with Average Price of €0.0833/kWh

Germany has concluded a recent tender for innovative renewable energy projects. The exercise drew 48 bids with a total capacity of 564 MW. The authorities awarded 43 projects with a total capacity of 512 MW.?The German Federal Network Agency (Bundesnetzagentur) said the tariffs ranged from €0.0678 ($0.0729)/kWh to €0.0917/kWh, with an average price of €0.0833/kWh.

Bavaria received the most awarded capacity, with 24 projects totaling 245 MW, while Mecklenburg-Vorpommern and Schleswig-Holstein secured 79 MW and 73 MW, respectively.

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4.Albanese Government Unveils 'Future Made in Australia Bill 2024' with Eyes to Bolster Solar

On Wednesday (3 July), the Australian federal government introduced the new 'Future Made in Australia Bill 2024' to parliament to unlock private sector investment to bolster renewable energy technologies such as solar.?The federal government, led by Prime Minister Anthony Albanese, said the legislation will ensure Australia "makes the most of the major economic and industrial opportunities of the energy transition".

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5.Spain Authorizes 7.2 GW of New PV Projects

A new Foro Sella Renewable Energy Observatory report shows that 46 renewable energy projects with a total capacity of 3,526.5 MW in Spain secured administrative authorizations in the second quarter of the year. Solar dominated this quarter with 3,155.8 MW authorized, while wind accounted for just 390.7 MW. Castilla y León led with 1,336.3 MW authorized, followed by Andalusia with 864.8 MW and Castilla-La Mancha with 391.3 MW. Nine regions did not receive any project authorizations. Authorized renewable capacity has reached 9,482 MW this year, with 7,109 MW from solar and 2,373 MW from wind.

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6.South Africa Imposes 10% Import Tariff on Solar Panels

South Africa's ITAC is introducing a 10% tariff on imports of crystalline silicon photovoltaic modules and panels. In a statement published on its website, it cited the protection of South African solar panel manufacturers as the reason for enforcing the tariff, which has already come into effect. It says other factors, including the disinvestment of domestic manufacturers due to strong competition from low-priced imports and a significant decline in the production, sales and capacity utilization of domestic modules, were also taken into account.

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7.Colombia's PV Capacity Hits 1.2 GW

Colombia's UPME has said that the country's cumulative installed PV capacity has reached 1,193 MW. It noted that the nation's installed solar capacity crossed the 1 GW threshold following the recent commissioning of 240 MW of solar by Enel Colombia, the local subsidiary of Italy-based energy company Enel. La Loma, a 150 MW plant in the Cesar Department, and Fundación, a 90 MW facility in the Magdalena Department, are both located in northern Colombia.

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