Russian Duma approves net metering for solar up to 15 kW
Under the new rules, expected to come into force by the end of the year, Russian residential PV system owners will be able to sell excess power to the grid. The provisions were discussed for almost two years before yesterday’s vote.
India prioritizes domestic products in plan for 12 GW of new solar
The Indian Cabinet Committee on Economic Affairs has approved a plan for projects to be enabled by public bodies in the hope that avoiding competitive procurement will enable it to circumvent WTO rules related to import parity.
Sale and repurchase deal – is GCL New Energy scrabbling for funds?
With a RMB21.4 billion chunk of its huge debt pile reportedly set to fall due for repayment in July, ownership of four PV projects with a total 80 MW capacity is due to transfer back and forth as the developer tries to sweat its solar assets.
Canadian Solar revises up estimates while giving PG&E update
The Ontario firm has revised figures for shipments, net revenue and gross margin after seeing better-than-expected trading in the final three months of 2018.
Italian oil group Eni enters Australian renewables market with 33.7 MW plant
Diversifying its gas-focused portfolio Down Under, the Italian business has acquired the Northern Territory’s largest solar project – the Katherine Solar Farm.
Unsubsidized 175 MW solar project under development in Germany
EnBW is planning a big solar park in Weesow-Willmersdorf, in the northeastern region of Brandenburg. If built, the project would become Germany’s largest solar plant. The company says it has a pipeline of unsubsidized projects with a combined capacity of 800 MW.
Repsol or Iberdrola could be the new owner of Spanish developer X-Elio
U.S. fund KKR and Spanish group Gestamp have reportedly begun X-Elio’s sale process. Oil business Repsol and power company Iberdrola are said to be among the interested buyers circling the PV project developer.
Rise of corporate solar behind 950 MW of new capacity in US state
Almost all of utility Georgia Power’s proposed renewable energy procurement in its latest integrated resource plan is to serve demand for large users with corporate sustainability goals, following Facebook’s commitment to the state.
Tesla acquires storage specialist Maxwell Technologies
The target company, which specializes in supercapacitors, will become a wholly-owned subsidiary of Elon Musk’s business.
Solar refuses to lie down and die in the UK, says industry body
Although the prospects for large-scale British solar appear grim, the U.K. trade association for the industry says the compelling economic case offered by PV is ensuring activity continues despite a prolonged policy vacuum.
