According to the U.S. Photovoltaic Market Insights report jointly released by research firm Wood Mackenzie and the American Photovoltaic Industry Association, the installed capacity of photovoltaic systems in the United States in the first quarter of 2022 was 3.9GW, a decrease of 52% compared with the fourth quarter of 2021. . The report claims that the first quarter of 2022 was the weakest quarter for the U.S. PV industry in two years. The installed capacity of residential PV systems installed in the first quarter of 2022 continued to grow, increasing by 5% compared to the fourth quarter of 2021. Compared to the end of last year, the installed capacity of community PV systems in the U.S. fell by 59% in the first quarter of 2022, and utility-scale PV systems dropped by 64%. The planned deployment of utility-scale photovoltaic systems has been hit hard by the U.S. Department of Commerce's investigation into the Southeast Asian country for allegedly evading tariffs, according to Wood Mackenzie. However, an analyst at the company noted that the downward trend in the first quarter of the year began before the survey was announced, suggesting the impact of broader supply chain constraints. According to research by Wood Mackenzie, supply chain disruptions triggered by the US Department of Commerce's anti-circumvention investigation appear to have had a significant impact on the planned pipeline of PV projects, suggesting that other The challenges are also increasing. According to the U.S. PV Market Insights quarterly report, the deployment of utility-scale PV projects with a total installed capacity of about 17.6GW has been delayed by at least a year, and the deployment of 450MW of utility-scale PV projects has been cancelled entirely. Procurement of utility-scale PV systems has reached its lowest level since 2017. As a result, Wood Mackenzie has halved its forecast for installed PV system capacity in the United States in 2022. However, Michelle Davis, chief PV analyst at Wood Mackenzie and lead author of the report, said the downward trend began before the Commerce Department announced its investigation. The survey, which was not launched until the end of the first quarter of this year, suggests that some of the decline in PV deployment has been affected by supply chain constraints at least over the past few quarters, she said. While Davis expects the process of installing PV systems in the U.S. to slow for much of the 2022 letter, she said it is difficult to predict the U.S. PV market given the ongoing investigation and the Biden administration’s announcement of a two-year delay in implementing PV tariffs What will be the performance. She noted that the U.S. federal government's two-year moratorium on tariffs could add 2 to 3 GW of installed PV systems this year, but Wood Mackenzie analysts have taken a cut from their forecast for PV deployments. 6GW. Davis said that while the two-year delay in the introduction of tariffs would bring some benefits, i...

German investment and asset management company KGAL GmbH & Co KG announced on Thursday that it has received approval in Italy to build three solar photovoltaic plants with a combined capacity of 380 megawatts in the Lazio region and Sicily. These include the 150-megawatt Tuscania project, which KGAL says is one of the largest solar projects ever approved in Italy. The second project is the upcoming 90-megawatt Vitociano project, about 30 kilometers (18.6 miles) from Tuscania. The two projects are strategically located in the area between northern Italy and Rome. According to the German investor, higher electricity prices can be achieved there. The third approved project is the 140 MW Pietra Monreale project in Sicily, which is part of the KGAL Sicily project pipeline and can be expanded to 700 MW in several sections over the next few years. The KGAL ESPF 4 fund holds a portion of this portfolio and the remainder is invested in its successor fund, KGAL ESPF 5. Impact fund KGAL ESPF 5 recently acquired a majority stake in Italian renewable energy developer Baltex Progetti, a company with a pipeline of more than 300 MW of combined capacity for wind and solar projects in Emilia Romagna, Sardinia and Sicily. The investor added that all of these opportunities in Italy could translate into more than 1,200 megawatts of wind and solar power capacity.