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Commercial & Industrial PV

Ofgem’s plan for network charges triggers renewables sector backlash

Ofgem passed its long-awaited, controversial plan for network charges last week, despite earlier warnings against the move. The UK electricity market regulator’s Targeted Charging Review has provoked a backlash in the renewables sector, as many believe that the plan will damage the economics of distributed energy resources and unsubsidized onshore wind and solar development.

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Cuba introduces new rules, fiscal incentives for solar prosumers

With Decree No. 345, the Cuban government aims to encourage consumers to install rooftop PV projects. The new rules will help to facilitate the sale of surplus power within the national electricity system, among other matters.

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PV investment confidence continues to slide in Australia

A new survey by the Melbourne-based Clean Energy Council shows that confidence in new clean energy investment has continued to weaken over the past six months. While a majority of Australian industry representatives expect to hire more people over the next 12 months, the biggest challenges to developing new projects remain unchanged, with the grid connection process, technical requirements, and policy uncertainty at the top of their list of concerns.

Goa to extend solar PPA with NTPC by 3 more years

The government of Goa, now reeling under severe electricity shortages, has decided to extend its solar power purchase agreement with NTPC Vidyut Vyapar Nigam by three years, following a complete lack of interest in the Indian state’s recent solar tenders.

Asian Development Bank hails Bangladesh’s floating PV potential

A delegation from the Asian Development Bank recently paid a visit to the South Asian country to assess the prospects of floating PV in a nation that suffers from a general lack of land upon which to develop new renewable energy projects.

Macquarie to power global operations with 100% renewables by 2025

The Australian investment bank has become the latest company to sign The Climate Group’s RE100 initiative, bringing it into a growing pool of businesses that are focused on the global energy transition.

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Vikram Solar targets US market with new PV module offerings

Vikram Solar recently announced three commercial-sized solar modules for the U.S. market – framed and frameless bifacial offerings, plus a half cut standard mono PERC panel – whose peak output ranges from 375 W through 425 W, available from January.

Ikea puts aside €200m for carbon-positive vision

The furniture brand has touted its plan for a sustainable future before. Now, ahead of the COP25 climate change conference, Ikea says it will spend €200 million improving raw material sourcing and realizing 100% clean energy supply for its production operations.

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Tender for 50 MW of floating solar launched in Portugal

The Alqueva Dam on the Guadiana River, in southern Portugal, will host ten floating PV projects mostly financed by a €45 million Council of Europe Development Bank loan.

EBRD to lend €183m to help Egypt connect 1.3 GW of renewables

The European Bank for Reconstruction and Development is offering the funds to Egypt’s transmission system operator to strengthen the country’s grid to host more renewable energy in anticipation of rising power demand over the coming decade.

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