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Markets

Slight rise in India’s solar tariff: bids at INR 2.65 in Gujarat

A slight variation from last auctioning results which had lowest bidding at INR 2.44/kwh.

India heading to 20 GW of installed capacity by the end of this financial year

In the last four quarters in India 7.5 GW were installed. The total accumulative capacity reached 16.2 Gigawatt, reports Bridge to India. After rapid growth in the last quarters the market will probably slow down somwhat.

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U.K. not doing enough for climate at expense of renewables, says NRDC

The U.K. is still investing in biomass generation, but the authorities should focus on deploying solar and wind to meet the country’s electricity needs in a more cost-effective manner, the Natural Resources Defence Council (NRDC) says in a new report.

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Bahrain’s run to sun begins with 255 MW plan

The new plan was announced by the government of the small country island at STEEB 2017, its first ever solar event that is currently taking place in Manama.

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Renewables trouncing nuclear, report shows

Global nuclear power generation increased by 1.4%, whereas solar power output grew by 30% and wind by 16% in 2016, with all renewables representing 62% of global power generating capacity additions, finds the 2017 World Nuclear Industry Status Report.

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NREL: U.S. fixed-tilt solar plant costs fall to $1.03/watt-DC (with charts)

The U.S. government’s premier renewable energy lab has found a 30% fall in utility-scale solar costs year-over-year, leading to levelized costs of electricity competitive with combined cycle gas generation.

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South Africa: All oustanding solar PPAs can find a workable solution

South African consultant and PV expert Chris Ahlfeldt has explained to pv magazine how the impasse of the outstanding PPAs of round 3.5 and 4 of the country’s REIPPPP program may affect solar PV less than other renewable energy technologies. The PPAs relate to twelve large-scale solar projects totaling 813 MW selected in round 4.

Luxembourg launches new incentive scheme for residential and commercial PV

The incentive scheme includes a FIT mechanism and rebates covering up to 20% of the investment for the deployment of a PV installation. The progam is open to PV installations with a capacity of up to 200kW.

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First ever solar PPA signed in Sweden

Swedish renewable energy company Eneo Solutions AB was awarded a PPA for a 745 kW rootop PV project by the municipality of Järfälla through a tender process.

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Argentine Chamber of Deputies gives preliminary approval to draft bill for distributed generation

The bill, which will now have to be approved by the Senate, is intended to introduce a net metering scheme for residential and commercial PV.

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