Italian Revenue Agency says PV system owners can take advantage of super-amortization on investment goods
The Italian Revenue Agency has finally made clear that PV systems must be considered movable property. As a result, solar modules and other components installed in PV installations can now be depreciated by applying a coefficient of 9% instead of 4%.
Brazil: state of Goiás introduces tax break for PV components
The government of the Brazilian state of Goiás has implemented a measure suggested by Brazil’s central government.
Belgium: Wallonia’s regulator imposes grid-fee for solar starting from 2019
The Belgian French-speaking region of Wallonia could introduce a grid-fee for residential PV starting from 2019. PV systems operators fear an annual fee ranging from €330 to €560.
Solar corporate funding activity increases by 100% in Q1, finds Mercom Capital
Total corporate funding across the global solar industry reached $3.2bn in the first quarter of the year, which is a 100% increase on Q4 2016. This rise is largely due to increased debt financing activity, said Mercom Capital Group CEO Raj Prabhu.
South Africa’s new energy minister postpones long-expected signing of 37 PPAs for solar and renewables
The signing of the PPAs was expected to enable financial closure of several PV and wind power projects being developed under South Africa’s REIPPPP program.
Heraeus reveals global recruitment drive for 100 extra staff
The German silver paste specialist is ramping up its global team to support its strategic pivot towards becoming an integrated solution provider. Majority of new hires expected to be in China, company confirms.
Russia plans to introduce net-metering for residential PV
If approved, the new net-metering scheme would come into force by the end of this year. Power surplus woul be sold to the grid at a rate of RUB 1 ($0.0174)/kWh.
Sri Lanka seeks bids for 60 MW of large-scale PV
Sri Lanka’s Ceylon Electricity Board has issued a tender for the construction of 60 PV power plants with a capacity of 1 MW each. Bids must be submitted by April 26.
Algeria adopts decree implementing tender for 4 GW of solar
Algeria’s government has published the long-awaited decree implementing the 4 GW solar auction in the country’s official journal. The decree provides more details on the upcoming bid for large-scale PV projects.
Zambia issues tender for 500 MW of large-scale PV capacity
Zambia’s Industrial Development Corporation Limited (IDC) has issued a Request for Prequalification for the construction of several large-scale solar plants across the country. Selected projects will be developed under the ‘Scaling Solar’ initiative.
