Indian solar installations stalled in Q3 2012, however around 1.1 GW of projects are due to be added in the next six months. Meanwhile, the market is eagerly awaiting the Phase II policy announcement, which is expected sometime towards the end of this year. Already draft tariffs have been released.
EDF Energies Nouvelles has commissioned a 115 MWp photovoltaic plant near Nancy in the Meurthe-et-Moselle department of eastern France.
Norway-based Scatec Solar has begun construction on a 75 MW photovoltaic project in South Africa, having signed a final agreement with the countrys Department of Energy.
AES Solar has completed three rounds of debt financing worth over US$750 million for 288 MW of photovoltaic projects in the U.S. and France, and a corporate revolving credit facility.
The Bulgarian Committee on Economic Policy, Energy and Tourism has adopted amendments to Bulgarias Energy Act and Renewable Energy Sources Act, which aim to legitimize “fees for grid access” for renewable energy producers. Approval is expected to be received within the next three weeks.
Gehrlicher Solar AG has almost completed work on a 8.75 MWp photovoltaic project located 220 km north east of Bucharest. It is scheduled for completion in mid-November.
Having signed all the necessary governmental agreements, Mainstream Renewable Power can now begin work on its two photovoltaic plants worth 100 MW.
The Danish government will reduce remuneration for photovoltaic plants following strong growth. The current proposal is to be negotiated in the coming weeks.
Last week, pv magazine reported that Gehrlicher Merk Solar had completed a 540 kW photovoltaic plant in Turkey. It has come to light, however, that the project is only expected to be finalized by the end of the year.
According to new figures, the U.S. is set to become the largest utility-scale photovoltaic market in the world, having recently overtaken Spain. Currently, Germany is sitting in pole position.
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