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Peru introduces net metering, new DG rules for RE up to 10 MW

The Peruvian Government has submitted to public consultation the draft of Supreme Decree for the regulation of distributed generation (DG), which is the secondary legislation necessary to implement the DG law first promulgated in 2015. Talking to pv magazine, the president of the Society of Peruvian Renewable Energy explains how the new rules will not only introduce a net-billing scheme for installations up to 200 kW, but also a scheme for projects up to 10 MW, which is very similar to the so-called Pequeños Distributed Generation Media (PMGD) program in Chile.

Low tariff secured for NTPC’s 2 GW Indian solar auction

Amidst the Indian government’s yo-yoing on the 25% safeguard duty, the National Thermal Power Corporation’s (NTPC) auction to develop 2 GW of interstate transmission system (ISTS)-connected solar PV projects attracted a low winning tariff of Rs. 2.59 (US$0.0372) per unit.

Omega Geração acquires 50% of 312 MW Pirapora solar complex in Brazil

Canadian Solar and EDF will maintain a stake of 30% and 20%, respectively, in the solar plant. The value of the transaction is estimated at BRL 1.1 billion (US$283.6 million).

When the wind doesn’t blow don’t worry, the sun shines

The heatwave across Western Europe saw wind power 20% lower than usual while solar irradiance was 20% above average, according to Vaisala, a provider of measurement systems and equipment for meteorology. If this balancing effect is confirmed by further analysis, the technologies may ensure future energy supply by providing a diversified, ‘climate-resilient’ portfolio.

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Increased shipments, falling revenues for Canadian Solar in Q2

Module manufacturing giant Canadian Solar shipped 1.7 GW of modules in the second quarter of 2018, a 23.7% increase on the previous quarter, according to the company’s latest update. Net revenue, however, fell more than 50% quarter-on-quarter with the company blaming fewer project sales and lower module prices.

Mixed reaction from solar industry to plunging Turkish currency

As the lira’s troubles continued to weigh on the markets today, it remained unclear how the country’s solar market will be affected. While the plunging currency fosters uncertainty – public enemy number one for investors – it could also create conditions for lower system costs and cheaper PV projects. Nevertheless, a serious slow-down for 2018 must be considered.

Renewables body hails introduction of solar to UK capacity market

Solar – and wind – will finally bring an element of environmental consciousness, and value for money, to the system charged with keeping the lights on in Britain. Is PV finally shaking off long-held fears about its intermittent nature?

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Temporary halt to Indian safeguarding duties on imported modules

The stay on the newly-proposed duty imposed by the Odisha High Court will offer relief to developers waiting to collect shipments from port. But companies must agree to pay the tariff at a later date if it is upheld by the judicial system.

Group buying could make up for UK loss of export payments

With a group purchasing program securing hefty discounts for British households – and attracting thousands of potential customers as a result – solar has a viable business case no matter what further cuts the government throws at the industry.

Namibia’s largest PV-plus-storage system installed

German EPC company Cronimet has installed a 150 kW solar array to work alongside a 332 kWh battery storage system at a luxury lodge complex in a remote part of the African nation.

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