industry news

Netherlands to add 3.3 GW of solar this year 2023-02-08

According to data from the state-run agency RVO, the installed solar capacity in the Netherlands will reach 17.6 GW by the end of the year, which can meet at least 12% of the country's electricity demand. The Netherlands is on track to add another 3.3 GW of new PV capacity in 2022, enough to bring the total installed solar capacity to 17.6 GW. Newly released figures from the Dutch state-run RVO Ne...

Germany plans to impose a 90% windfall profit tax on photovoltaic power generation and other companies 2022-11-29

Recently, the German government has drawn up a plan to levy a windfall profit tax of 90% on the profits of some clean energy power generation companies such as photovoltaics, offshore wind farms, and nuclear power to fund its consumer assistance program. Windfall profits tax, also known as "special income tax", is a tax on unreasonably high profits obtained by the industry. In the fi...

Austria may add 1.2 GW of new solar in 2022 2022-11-22

Austria could become a gigawatt market for the first time in 2022. Its cumulative solar capacity is potentially set to hit 4 GW, up from 2.78 GW at the end of 2021. The country is expected to install more than 1 GW of solar every year until 2030. Austria might install 1.2 GW of additional solar in 2022, according to the Austrian PV Technology Platform (TPPV). If the prediction pans out, the countr...

Portugal's first photovoltaic community benefits significantly！ 2022-10-24

Portugal's first Renewable Energy Community (REC) was completed in August 2021 in Mirandado Douro, a rural village in the north of the country. A year into operation, industry media interviewed Cleanwatts, the renewable energy developer building the project, to assess the current state of its operations. With an installed capacity of 73.3kW, this PV community saved €31,500 in electricity bills wit...

Ukraine plans to build 1 million solar roofs by 2030 2022-10-18

Due to the impact of the war, the development of the solar energy industry in Ukraine is currently limited. This has already resulted in more than 1GW of lost capacity, and PV development has been suspended in some regions. Despite the current stagnation, some trade bodies have called for Ukraine's subsequent economic recovery to be dominated by renewable energy, with a goal of reaching 50%...

The Netherlands VAT cut has a good prospect of photovoltaic market! 2022-10-10

Recently, the Netherlands announced that it will reduce the value-added tax (VAT) of photovoltaic systems for residential solar pv mounting systems market from 21% to 0%. This is also another EU country's efforts to accelerate the promotion of its own renewable energy after the European Parliament passed ‘the target of 45% renewable energy account in the EU's energy by 2030’. The Netherlands has b...

Invest 566 billion euros to install photovoltaics on EU roofs! 2022-09-29

According to reports, the EU will develop a plan to "digitize the energy system", which will be officially announced next week. The plan would require the EU to invest 565 billion euros ($556 billion) in infrastructure by 2030 to achieve its green plan and end its reliance on Russian fossil fuels. The document proposes several green action plans: Install solar panels on the roofs （solar roo...

National Energy Administration: 44.47GW of new photovoltaic installed capacity from January to August 2022-09-21

National Energy Administration: 44.47GW of new photovoltaic installed capacity from January to August On September 21, the National Energy Administration released the national power industry statistics from January to August. As of the end of August, the national installed capacity of power generation was about 2.47 billion kilowatts, a year-on-year...