Japanese electricity companies are temporarily scaling back their involvement with solar projects as solar supply outstrips demand, threatening to wreak havoc in the market, according to EnergyTrend, a division of the Taiwan-based market intelligence firm TrendForce.
The Philippine Department of Energy (DOE) said recently it would accelerate the development of renewable energy projects, emphasizing the importance of producing energy locally to ensure energy security. Thus far, the Philippine DOE has made minimal progress in its renewable energy endeavors. It has cancelled more than 100 renewable energy project contracts that it has signed with other parties.
Following the anti-dumping and countervailing measures imposed by the United States on Chinese and Taiwanese solar PV manufacturers, the European Union is now investigating other Asian countries for allegedly helping China violate the terms of a solar-export agreement it has with the EU, said Jason Huang, a research manager at EnergyTrend, a division of the Taiwan-based market intelligence firm TrendForce.
Neo Solar Power’s (NSP) N-type bifacial monocrystalline cell, recognized for its high efficiency, was launched at the PV Taiwan 2014 exhibition in Taipei last week. Taiwan is a key player in the manufacturing of high-efficiency solar cells.
The ITC’s new amendment to the 2014 anti-dumping and countervailing duties simplified the criteria under which Chinese modules can be targeted, said Jason Huang, a research manager at EnergyTrend, a subsidiary of the Taiwan-based market intelligence firm TrendForce.