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Markets

Italy closes first PV register

At midnight, registration for Italy’s first photovoltaic register under the Conto Energia V expired. GSE is scheduled to publish the list of projects eligible for a feed-in tariff (FIT) in October.

Bulgaria: Up to 39% retroactive grid fee for PV operators

The Bulgarian state regulator has introduced a retroactive renewable energy grid fee. Under the new rules, photovoltaic operators will have to pay back up to 39% of their feed-in tariffs (FITs). While the fee is supposed to be temporary, no deadline has been provided.

Renewables in UK to rival thermal power by 2025

A new report, released today, has concluded that the cumulative installed capacity of renewable energy plants will reach 79 GW by 2025, only 2 GW less than the predicted installed capacity of traditional thermal plants.

Australia: Proposed "gross FITs" slammed

Only months after the new conservative government in the Australian state of Queensland slashed its FIT program, a proposal to pay “gross FITs” has been slammed by clean energy groups.

India: Demand for RECs expected to rocket by 2016

Despite only 5 of India’s solar Renewable Energy Certificates (RECs) being traded when the solar offsetting mechanism started this May, consulting firm Bridge to India has predicted some 480 million RECs will be changing hands by 2016.

French Government plans FIT phase out

To further develop photovoltaic power in France, the new French government has recommended a change from the current feed-in tariff (FIT) system, available for systems up to 100 kWp, to an auction system.

Isofotón not interested in Sovello takeover

Isofotón has said it is not interested in taking Sovello over. After reviewing the German company’s books, it has decided not to submit an offer.

PV polysilicon prices continue to plummet

Oversupply is continuing to plague the photovoltaic polysilicon market, according to IHS iSuppi, which say Tier 1 suppliers need to reduce production to alleviate the market. A revival could be seen this year; however, investigations by China into the U.S. and Korean markets are hampering development.

China: 300 MW of agricultural PV opportunities emerge

Agricultural photovoltaic applications in Central and Eastern China are opening up, producing demand for modules in regions where land for ground mounted arrays are in short supply. The trend has been identified in the NPD Solarbuzz China Deal Tracker report, published today.

Suntech reduces PV cell capacity; announces layoffs

In light of the current market conditions, Suntech Power Holdings Co. Ltd has temporarily reduced its photovoltaic cell production capacity in Wuxi, China. Around 1,500 employees have been affected by the decision.

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