The deal introduced a 15-year grace period for household PV system owners, during which they could choose whether to take net metering payments based on assumed energy use or a potential new system based on actual use and measured by smart meters.
The new credit lines are for the development of on and off-grid renewable energy projects. The European Commission is offering the fund a €40 million helping hand.
After earmarking €3 million last year and €4 million in 2017, the Italian region of Lombardy has decided to further support residential and commercial storage projects linked to renewables.
The scheme will be open to renewable energy systems not exceeding 500 kW in capacity. The Albanian government expects the program to enable the deployment of 200 MW of PV.
Of the nation’s installed operational PV capacity, 3,364 MW is in the form of solar parks while distributed generation contributes around 693 MW.
The procurements relate to self-consumption projects with a generation capacity of 100 kW-1 MW. The next tender will be launched in September and will allocate 25 MW of solar capacity. The tenders had been suspended because of low interest and disproportionately high final tariffs for surplus power injected into the grid.
The 70%-by-2030 renewable energy provision in legislation S6599 is second only to Washington DC’s 100% by 2032 aim, and includes targets of 6 GW of distributed solar by 2025 and 3 GW of energy storage by 2030. It is expected to pass the assembly today.
At the 21st AEF, held last week in Lisbon. pv magazine had two journalists on the ground and here reports on five key findings.
The world’s biggest solar market is on track for an unsubsidized future but policymakers continue to grapple with grid planning. A report by the German Energy Agency has offered suggestions on how China’s approach to grid design could be tweaked to ensure priority dispatch for PV while slashing administrative costs and reining in renewable energy losses.
This year’s New Energy Outlook report by Bloomberg New Energy Finance predicts renewables can keep us on track for less than two degrees of global heating for the next decade. But after that, other technologies will have to do their bit.
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