UK FIT cuts to take effect from August
For a second time this year, the U.K. government has revealed a new photovoltaic feed-in tariff (FIT) scheme, aimed at establishing a more “predictable, certain and sustainable” industry. Under the changes, a new 16 pence (p) FIT will be introduced from August 1. According to STA, there are now provisions to install 800 MW to one GW annually.
Germany installs 1.8 GW PV in Q1
Germanys Federal Network Agency has once again quietly released the new photovoltaic installation capacities. Overall 1.8 gigawatts (GW) were installed in the country in the first quarter (Q1) of 2012.
Malaysia considers adjusting FIT due to volume of solar
Malaysias Sustainable Energy Development Authority (SEDA) has told the Malaysian Reserve that it is considering adjusting the countrys renewable energy feed-in tariff (FIT), due to an “imbalance in the RE resource mix”.
Israel: APC reaches financial close on 58.5 MW worth of PV projects
Arava Power Company (APC) has reached financial close on eight photovoltaic plants in Israel worth 58.5 megawatts (MW).
Ukraine targeting 1 GW PV by 2013
Ukraine is said to be targeting a cumulative installed photovoltaic capacity of one gigawatt (GW) by 2013. Overall, investment in new facilities is expected to reach 2 billion.
SunEdison to build 20 MW Arizona PV park
MEMC Electronic Materials, Inc. subsidiary, SunEdison has signed a loan agreement worth US$65 million with the North American Development Bank (NADB). The funds will be used towards the construction of a 20 megawatt (MW) photovoltaic park.
China: JinkoSolar supplies modules to 50 MW PV project
JinkoSolar Holding Co., Ltd has said it will supply 50 megawatts (MW) worth of its modules to a state-owned photovoltaic project. It is expected to come online this year.
Japan-US smart grid demonstration project announced
Nine Japanese companies have launched a smart grid demonstration project in Albuquerque, New Mexico.
Bahrain unveils 5 MW smart solar project
U.S.-based Petra Solar has entered into an agreement with the National Oil and Gas Authority (NOGA), the Bahrain Petroleum Company (BAPCO) and Caspian Energy Holdings to undertake a five megawatt (MW) smart solar energy project.
South Africa announces PV projects under second bidding round
South Africas Department of Energy has approved nine new photovoltaic projects, which are expected to see an additional 417 megawatts (MW) added to the national grid by 2016.
