[SMM PV] Policies continue to strengthen, and capacity rationalization standards may be implemented at an accelerated pace

Aiko Solar recently reported that its 72MW large-scale ground-mounted PV power station project in Wettin-Löbejün-Mörbitz, Germany, jointly developed with their partners, has officially been connected to the grid, installing a total of 110,566 high-efficiency ABC solar modules.  Projections indicate that once fully operational, these modules will deliver up to 850 million kWh of clean electricity and secure an estimated €109 million in robust financial returns over the project's entire lifespan, while slashing 1.22 million tons of carbon dioxide emissions annually, successfully achieving a win-win outcome for both commercial value and ecological responsibility.

Mexico’s Federal Electricity Commission has awarded around 6.71GW of PV capacity in its first call for projects under mixed development schemes with private partners, making solar the dominant technology in a 7.41GW renewable energy package. The selected portfolio includes 37 renewable projects, comprising 33 solar PV projects and four wind projects, with total investment estimated at USD 7.4 billion. Awarded PV capacity was nearly double the initial 3.55GW requirement, while wind secured only around 700MW against a 2.85GW target, and no CSP projects were selected.

Bangladesh has announced a major policy package to accelerate solar development, including a 0% tax rate for the solar sector until 2035 and a 5% tax rebate on payments made against consumers’ solar electricity bills. The government will also reduce import duty, regulatory duty, supplementary duty and advance tax to 0% on key solar components, including inverters, lithium cells, batteries, PV modules, mounting structures, BESS, battery management systems, solar DC cables and thermal management systems. The policy aims to attract investment and support Bangladesh’s target of meeting 20% of electricity demand from renewables by 2030 and 30%-50% from clean energy by 2050.