With an appropriation bill including an extension of the solar Investment Tax Credit (ITC) currently before the U.S. Congress, Bloomberg New Energy Finance notes that it may result in utilities putting more pressure on net metering regimes around the country.
Projects are expected to be awarded in the next few weeks under the third annual auction for renewables. However, little PV has been built in Russia to date.
Renewable energy groups from the Czech Republic are meeting with the European Commission (EC) today to lobby against the countrys electricity market operator, which has refused to issue a 2016 pricing decision for renewable remuneration without confirmation of support from the EC. The groups are calling for an investigation into the situation.
Sunseap Leasing Pte Ltd has been awarded the entire 76 MWp solar PV capacity under the first SolarNova tender in Singapore. The next tender will be called in the first half of 2016. Overall, 220 MW will be installed under the program.
The Indian Government expects 4.3 GW of solar PV capacity to be added in fiscal year 2015/16. In the first seven months, just 936.8 MW were commissioned. In 2016/17, the government envisages 11 GW of solar. However, policy uncertainty and delays in state government initiatives are a “major concern” for the countrys solar industry, says Bridge to India.
Push into the U.S. market has underpinned shipment expansion as the company enjoys strong growth in domestic large-scale market; expands storage and solar charging stations footprint.
The U.S.-based developer of printed solar cells signs $100 million agreement to open manufacturing facility in Indian state of Karnataka; production set to commence as early as August 2016.
Chinese solar company receives preliminary proposal from CEO Jifan Gao and Shanghai Xingsheng Equity Investment & Management Co to take the company private; board reviewing the proposal.
Government urged to back its praise for the Paris Agreement with hard actions ahead of consultation this week on decision to cut FIT by 87%; u-turns also required on other clean energy targets, experts say.
Swinerton Renewables has begun work on the massive Springbok 2 Solar Farm, which holds a contract to sell power to Los Angeles’ municipal utility.
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