Overall, the French government has selected 283 projects in the tender. The final average price was €85/MWh, slightly below the previous tender of the same type. Around 40% of the winning developers were granted the €3/MWh bonus which is guaranteed to the projects partly relying on crowdfunding.
Pakistan has updated its 2015 net metering scheme to make it more user friendly. The Government of Punjab, meanwhile, has unveiled a new Access to Clean Energy Investment Program, aimed at installing over 20,000 solar PV rooftop systems.
Following the surprise removal of a grace period for PV rooftop projects last month, China reportedly saw over 500 MW of DG solar grid connected on December 29, after developers worked to secure 2017 FIT rates. Overall, EnergyTrend estimates DG capacity to be over 19 GW in 2017.
China’s cumulative solar installations reached approximately 125.8 GW by the end of November, suggesting that PV developers completed nearly 50 GW of capacity in the first 11 months of 2017, according to new government statistics.
The Energy Investment Allowance (EIA) is a fiscal measure that offers the possibility for an additional allowance on taxable profit.
China is likely to experience another solar PV installation rush in H1 2018, as the June 30 FIT deadline looms, although it will not reach more than 7.2 GW, says EnergyTrend. Q4 is, however, expected to see “hectic” activity topping 20 GW ahead of a December 30 deadline.
The publication of the law in Argentina’s Official Journal marks the entry into force of the new rules for the distributed generation of renewable energy sources under net metering.