Highlights

The Brazilian Development Bank (BNDES) has changed its loan committments, and will now cover 80% of the financing of all competing technologies, compared to the previous auctions, where this percentage was granted solely to solar. As in the previous auctions, financing will only be allocated to projects using locally-manufactured equipment.

The country’s largest solar facility was officially inaugurated in the presence of French president Emmanuel Macron. The project was financed by France’s Development Agency (AFD) and the European Union.

A total of 34 GW of new solar power generating capacity came online in 2016 in 71 emerging market countries, finds the latest Climatescope report by Bloomberg New Energy Finance.

The introduction of similar auctions was proposed by the government in the summer, and backed by the Danish People’s Party in September.

A fund managed by Swiss investment firm SUSI Partners AG has agreed to provide C$120 million (US$94.3 million) of financing to a unit of energy storage developer NRStor for lithium-ion storage projects in Canada.

The leading party of Portugal’s left-wing government coalition, the Socialist Party, said that the extension of the CESE tax to renewables would have hindered the further development of clean energy across the country.

In this exclusive interview with pv magazine, SolarWorld Americas CEO Jürgen Stein gives his perspective on the Section 201 trade case, including responding to criticism of potential effects on the U.S. solar market.

The Indian government has unveiled a roadmap for achieving its 2022 renewable energy goals. It has also announced plans for a 20 GW auction to boost domestic RE manufacturing.

The so-called “prosumer tax” was introduced in July 2015 and applies to residential PV systems not exceeding 10 kW installed under net metering.