The governments of Sweden and Norway have come to an agreement on how the electricity certificate system for renewable energies will be further implemented. The joint market-based support system of the two Scandinavian countries is open to power plants utilizing biofuels, wind, solar, hydro and tidal energy.
The Slovenian government has earmarked €3 million to finance solar rebates in 2017. The funds will cover 20% of the costs for buying and installing a PV system under net metering.
The Vietnamese government has issued the long-expected FIT scheme for solar energy projects. The 20-year FIT was set at VND 2,086 ($0.091)/kWh. Furthermore, a net metering mechanism is expected to support residential PV across the country.
Figures released today by GTM Research show that U.S based NEXTracker remained the global market leader for the second year running, although Indian and Chinese suppliers gained major headway as the market continues to globalize.
Nigeria’s Ministry of Power has signed two put/call option agreements with local solar developers Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited. The two companies are planning to build two PV plants with a combined capacity of 120 MW.
A delegation of Argentina’s Ministry of Finance has met with representatives of the Chinese government to discuss, among other things, the financing of the 300 MW solar project selected in the first national renewable energy tender of the RenovAr program.
Rays Power Infra Pvt. Ltd. has switched on a 78 MW solar PV project, expanding its market share in the northeastern state of Uttarakhand to 40% and bringing major benefits to local farmers.
The 6.4 MW solar facility will be located in Tsumeb, northern Namibia. The project was selected in a tender recently held by local utility Cenored.
The Middle Eastern country is now preparing to introduce a net metering scheme for decentralized renewable and solar energy projects under its National Renewable Energy Action Plan (NREAP).
IDFC Alternatives is reported to be in talks to buy First Solar’s 200 MW renewable power assets in India.
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