Analysts expect global renewable power investment to reach $243bn this year, with solar PV the fastest-growing segment and non-hydro renewables to account for 65% of all global power investment by 2020.
According to a scientific paper from the Université libre de Bruxelles, even a further reduction in storage prices may not be sufficient to make solar-plus-storage attractive in the Belgian market.
The CIS thin-film PV specialist has posted an operating loss of JPY 3 billion ($26.4 million) in the three months to March 31, from JPY 2.6 billion a year earlier. Net sales fell 41.3% on the year to JPY 22.2 billion.
Around 3.4 MW of PV systems were installed in Ukraine under its net metering scheme in the first quarter of this year. The scheme was introduced by the Ukrainian government in 2015.
A new decree sets feed-in tariffs for PV installations up to 100 kW in Corsica, Guadeloupe, French Guyana, Martinique, Mayotte, and La Réunion.
Yesterday, the energy and automobile giant rolled the dice on its biggest gamble yet, giving U.S. homeowners the opportunity to reserve its new roofing product for a down payment of $1,000.
Like other large U.S. third-party solar companies Vivint is increasingly moving away from the leasing model to direct sales.
United Overseas Bank (UOB) has offered the financing package to support a handful of PV installations that Sunseap is building in Singapore.
The Hungarian Development Bank started a subsidized loan program for renewable energy and energy efficiency in late April. The €350 million program will run through to 2022.
The combined capacity of these installations has reached approximately 78 MW. The state with the highest number of PV systems under net metering is Minas Gerais.
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