The new regulation will likely to come into force by the end of this year. The German solar association BSW has welcomed the government’s decision, although it has asked for improvements.
A record 12 months in store for the Indian solar market say the analysts, who expect a 130% increase in annual installations compared to 2016.
This year’s busy SNEC exhibition delivered its usual steady stream of news, new products and market insight. pv magazine rounds up the main stories and trends from the three-day event.
The bundle includes a new JA Solar inverter as the Tier-1 solar firm pursues larger market share of China’s distributed generation sector. Growatt also bullish on rooftop potential in China.
The Slovenian government has earmarked €3 million to finance solar rebates in 2017. The funds will cover 20% of the costs for buying and installing a PV system under net metering.
A Delaware bankruptcy judge yesterday approved the sale of the bankrupt residential solar installer to private equity firm Northern Pacific Group.
Increasing demand for solar power in China has prompted analysts to boost their 2017 estimates, forecasting an increase of more than 9% this year, with the annual global market reaching 85 GW.
Over the last fiscal year, India added 5,525 MW of new solar to push its cumulative capacity past 12 GW and affirm its status as one of the world’s leading solar powers.
If approved, the new net-metering scheme would come into force by the end of this year. Power surplus woul be sold to the grid at a rate of RUB 1 ($0.0174)/kWh.
In March, PV systems totaling 2.8 MW were installed in the Latin American country under the net-metering scheme.
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