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Markets

Fiera Corporation buys shares in up to 921 MW-AC of U.S. wind, solar

The Canadian asset management firm has bought into a D.E. Shaw portfolio of assets in eight U.S. states.

Guinea to host 88 MW solar power plant

The French government and the government of the Republic of Guinea have signed three MoUs for the development of solar energy in the African country. One of the agreements envisages the construction the country’s first large-scale PV project.

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Greenpeace: China to see $782bn investment in solar, wind, by 2030

China is set to attract as much as 5.4 trillion yuan ($782 billion) in wind and solar sector investment between 2016 and 2030, off-grid solar stands out as the most economical way to address energy poverty, and curbing carbon footprint brings further environmental and economic benefits, finds a report by Greenpeace.

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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.

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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.

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