Italian FiT cuts destabilizing PV market, hurting Europe, says EPIA
The PV industry association argues that the law will block “prosumers” from providing flexibility to the energy system and helping to avoid costly grid extensions.
Canadian Solar partners on $800 million solar fund in China
Teaming up with the state-owned Sichuan Development investment company, Canadian Solar will focus on utility-scale and distributed generation projects in Sichuan Province and other solar resourceful regions in the country.
US, China hold close to 50% of global PV pipeline
At a combined capacity of 61 GW, projects in the U.S. and China make up almost half of the current PV pipeline, according to IHS, which says a large share of planned projects are “immature” and unlikely to materialize.
US home solar loans at 6.5%
San Francisco-based Dividend Solar has launched an affordable loan for residential solar. The EmpowerPortal loan permits residents to claim a 30% federal tax credit.
China brings forward start date of carbon trading scheme
Official announces a national carbon trading scheme will be introduced in 2016. The country is already running seven city and province-based pilot schemes.
Global investment creating perfect storm for growing markets
The flood of money pouring into renewable energy around the world is trickling down and creating new revenue streams for established businesses eager for growth.
Portugal adds 33 MW of PV for 330 MW cumulative solar capacity
Portugal added 33 MW of solar PV capacity in the first six months of 2014. A significant reduction in new mini installations is worrying, though, given the Portuguese PV sector is predominantly rooftop driven.
Weekly news round-up
A pick of the biggest headlines in solar around the world this week, with details of elephants, bees, beer, gigafactories, ultra-mega, erm, things and electioneering in the UK… as Sid Vicious once said… almost.
China reveals details of distributed generation policy
The government’s National Energy Administration has pledged to help local authorities drive rooftop installation across the nation. The details were revealed in an investment note issued by Deutsche Bank.
FRV says Australian solar pipeline worthless if RET changed
Interview: Rafael Benjumea, CEO of Spanish developer FRV, warns that implementation of Australia’s RET Review recommendations will discourage investment in the country’s solar industry.
