Brazil introduces auction to cancel projects selected in reserve energy auctions
The Brazilian Government has approved a decree to introduce an auction system to cancel power contracts awarded in the reserve energy auctions (leilão de reserva). Through these auctions, held between 2014 and 2015, several large-scale PV projects were commissioned.
Hungarian PV market sees robust growth
Hungary’s solar market could see its largest growth ever in 2017. Although the country’s FIT scheme was closed in mid-2016, 2 GW of projects approved under the program could still potentially be installed over the next two years.
Eneco acquires Eni Belgium, plans more investments in solar and wind
The Dutch power provider has acquired Belgian utility Eni Belgium and a larger share in Belgium’s power market. The company said that it will now invest in new power production in the country, especially in solar and wind.
Romania removes 12-month expiry date for green certificates
The Romanian government has approved a new measure to eliminate the validity period of 12 months for the green certificates. The certificates will now be valid until the end of the support scheme in 2032 and will be taxed upon sale, not upon registration.
ADB extends $175 million loan to India’s PGCIL
India’s burgeoning renewable energy capacity is set to receive a boost in the form of a $175 million loan.
Lithuanian government improves net metering scheme for solar
Lithuania’s new green-oriented government hopes to install approximately 200 MW of new residential and commercial PV capacity under an improved net metering scheme over the next three years.
Germany adds 122.5 MW of solar in February
After the year-end rally, Germany goes back to a moderate growth trend. Of the 122.5 MW installed in February, 50 MW comes from large-scale PV installations selected through the country’s auction scheme.
EU freezes minimum import price at China’s request
The Chinese Chamber of Commerce had proposed not to the change the conditions of the minimum price agreement until the end of the interim review. Brussels has now accepted this proposal. In doing so, the European Commission has maintained the minimum import price for Chinese solar modules at €0.46/W.
Lebanon to issue RfP for 180 MW of solar by mid-April
Lebanese authorities will issue a request for proposals for the installation of 180 MW of solar capacity by mid-April. The agency received 256 bids for solar energy projects totaling 3 GW in the pre-selection phase of the tender process.
Ukrainian region of Kherson to host 35 MW solar plant
The Kherson Oblast, Ukraine’s southernmost region, will host a 35 MW PV plant. The region could also see the installation of around 250 MW of PV power this year, according to local authorities.
