Vietnam confirms 20-year FIT for rooftop PV will be maintained at $0.0935/kWh
The generous tariff is considered crucial by the Vietnamese government to maintain high levels of development in the rooftop segment until 2021.
Benin introduces VAT exemption on imports of PV panels
The exemption will be applied to the import of materials, equipment and installation accessories for the deployment of PV and solar thermal systems. The new measure is aimed at increasing access to electricity through more off-grid projects.
Panda Green settles $350m notes with hours to spare
The debt-saddled developer now has to hope its latest, $230 million state bail-out goes ahead before summer or it will be left $260 million in hock to its Beijing-owned main shareholder.
Scatec Solar swung from profit to loss last year
The Norwegian solar developer has gone from a $15.5 million profit at the end of 2018 to a $4.33 million loss just as its project co-financiers banked $21.5 million.
India’s solar cell and module exports grow 157% in eight months
Following a dip in the last fiscal year, the value of cell exports saw a massive surge to an estimated INR13.3 billion from April to November. Exports to the U.S. tripled during the eight-month period as shipments to Turkey and Belgium rebounded to become the next two biggest export markets.
Renewables deals dwarfed by oil and gas at UK-Africa Investment Summit
The scale of fossil fuel deals signed between African governments and U.K. oil and gas interests reportedly amounted to more than 11 times the volume of renewable energy commitments as Britain scrambles for post-Brexit financial opportunities.
Zimbabwe set for real solar growth
The government has decided to implement a proper independent power producer development plan for large scale PV, with the help of the World Bank.
Integrated energy system could see 110 GW of electrolyzers in Germany and Netherlands
A report from Dutch grid operator TenneT and gas business Gasunie suggests the companies should jointly develop infrastructure after 2030. With hydrogen and synthetic methane in demand, electricity and gas will become increasingly inter-linked. Only seamless integration of the two networks would enable the EU to achieve its net-zero-carbon 2050 plan.
Israel launches 300 MW solar-plus-storage tender
The government wants a 300 MW solar plant linked to large scale storage in the Negev desert. Construction is planned for late 2021 and completion in 2023.
Engie sells controlling stake in 813 MW Indian solar portfolio
This transaction is part of Engie’s develop, build, share and operate strategy which involves selling part of its stake in renewables assets while carrying out operations and maintenance.
