The Estonian government plans to replace the current FIP scheme for renewable energies with an auction mechanism within the next few months. The country’s installed PV capacity reached 10 MW at the end of 2016.
The Chinese PV maker has completed its merger transaction and will now become a private company. Trading of Trina’s shares on the NYSE have been suspended pending de-listing.
The French developer has secured a 25-year PPA for Zambia’s largest PV plant. The project, which was selected in an auction held by the World Bank in 2014, will sell power to local utility ZESCO at US$0.0602 per KWh.
With seven large-scale PV projects connected to the grid last year, Panama has reached a cumulative PV capacity of 89 MW.
The Italian PV market maintains its path of stable growth in January with approximately 25.7 MW in new systems. Meanwhile, the local government agency GSE has published new rules for the revamping and repowering of existing installations. The Italian renewable energy sector believes that the new rules will create new business opportunities for both solar manufacturers and developers.
The Polish solar market has seen its largest growth in 2016 with approximately 94 MW in new installations. The country’s cumulative installed PV power had reached 192 MW at the end of December. A more stable regulatory framework is giving investors more confidence.
Financing for two new large-scale PV plants, a 33 MW PV plant under construction and small installations indicate the African country embraces solar technology in order to satisfy its electricity needs.
The increase in new installations was mainly due to a 40% drop in prices over the past three years. German solar association Bundesverbands Solarwirtschaft expects their number will double to 100,000 in 2018.
The Algerian government is set to launch a tender for the construction of large-scale PV projects totaling 4 GW. The tender will be held in three 1,350 MW phases and will select projects with an average capacity of 100 MW.
The U.S. Trade and Development Agency has awarded a grant to Société de Production d’Energie Solaire de Kodéni SAS, a Burkina Faso based solar industry association. The grant will fund feasibility studies for two 17 MW PV plants to be located in the southwest of the country.
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