The U.S. government’s premier renewable energy lab has found a 30% fall in utility-scale solar costs year-over-year, leading to levelized costs of electricity competitive with combined cycle gas generation.
South African consultant and PV expert Chris Ahlfeldt has explained to pv magazine how the impasse of the outstanding PPAs of round 3.5 and 4 of the country’s REIPPPP program may affect solar PV less than other renewable energy technologies. The PPAs relate to twelve large-scale solar projects totaling 813 MW selected in round 4.
The incentive scheme includes a FIT mechanism and rebates covering up to 20% of the investment for the deployment of a PV installation. The progam is open to PV installations with a capacity of up to 200kW.
The bill, which will now have to be approved by the Senate, is intended to introduce a net metering scheme for residential and commercial PV.
pv magazine is pleased to bring you an exclusive interview with the Acting Assistant Secretary in the Office of Energy Efficiency and Renewable Energy (EERE) Daniel Simmons, who was appointed by President Trump five months ago.
The new law is expected to improve the current regulation and to ensure the legal certainty of future investments in solar distributed generation.