According to the latest figures, Greece added 234 MW of PV capacity in February. Meanwhile, a joint declaration of intent has been signed between Greece, Germany and the EU aimed at reforming the countrys renewable energy industry.
Without announcement, Uganda has dropped its PV FIT program. Although other forms of renewable energy are still eligible for support, prices for PV power are said to have fallen enough worldwide to merit the removal of tariffs in the country. Tenders are now being considered.
New financial models are expected to help propel solar from being an “alternative energy” to a mainstream industry, states U.S.-based Clean Edge. It adds that PV revenues are forecast to grow to $123.6 billion by 2022. Meanwhile, solar energy will continue to expand as a major economic force, with an increasing focus on the technology’s deployment.
The French Ministry of Energy, Ecology and Sustainable Development has announced a tender for 400 MW of PV plants 250 kW and larger.
A new study by the Climate Policy Initiative (CPI) finds that institutional investors could supply between a quarter to a half of the investment needed to fund renewable energy system (RES) projects through to 2035. Barriers including public policies and investment practices, exist, however.
The Malaysian Ministry of Energy, Green Technology and Water has announced new degression rates for photovoltaic technology under the Malaysian FIT mechanism. Further changes to the FIT system have also been announced.
According to the latest figures, 300 MW of newly installed photovoltaic capacity was added to Greeces grid in January. Meanwhile, new forecasts estimate 2.58 GW and 2.82 GW of cumulative capacity at the end of 2013 and 2014, respectively.
A new bill has been brought to the Greek parliament, aimed at speeding up so-called “fast track” strategic investments, including for photovoltaic projects. The goal is to reduce red tape and increase flexibility. Financing concerns still remain, however.
Greeces Ministry of Environment, Energy and Climate Change (YPEKA) is expected to introduce retroactive photovoltaic feed-in tariff cuts to parliament. The goal is to reduce the burgeoning RES Fund deficit, which is forecast to almost triple by the end of 2014 on the back of significant photovoltaic growth.
Mexico has reported a cumulative installed photovoltaic capacity of 14 MW almost double that of 2011. Growth is projected to continue on the same trajectory this year.
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