The Japanese government is expected to approve recommendations to slightly reduce PV FIT levels while introducing a new subsidy program for battery storage systems.
After a prolonged delay, the Greek government published anticipated new retroactive measures last Friday. On average, the new measures slash FITs of operating PV plants by 30%.
As METI reveals the country installed record levels of PV capacity last year, speculation grows of an impending cut in Japan’s FIT.
Photon’s new financial vehicle is designed to offer EU solar power investors the strongest possible investment protection.
Greece’s Environment Ministry is set to introduce new measures in the hopes of reaching a long-term solution, including FIT cuts and loan extensions. Consumers, however, face still more RES fee hikes.
Implementing the new solar energy goals will cost an estimated $33 billion, much of which will go to Taiwanese manufacturers. About 90% of PV systems installed in Taiwan use local products.
French President Francois Hollande supports plans to build a giant PV module plant with an initial annual production capacity of 1 GW and which could expand up to 5 GW.
Investment firms, financiers and energy companies around the globe are introducing innovative new funding vehicles aimed at renewable energy investment.
Provisional 2013 Spanish figures show that while renewables continue to dominate, further growth for the solar sector is in doubt.
The government will cut green certificates next year for all renewable energy projects finished after January, 2014, with solar PV certificates down to three per megawatt, from six currently.
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