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Markets & Policy

Taiwan ups solar FITs, sets 500 MW 2016 target

Taiwan’s Ministry of Economic Affairs has released new tariffs for solar PV. To boost activity in the region, a 12.5% increase in tariffs has been set for installations in the northern part of the country, and in Miaoli County. Other installations will see tariffs rise 5.6%. Overall, 500 MW are being targeted next year, while cumulative capacity should reach 8.7 GW by 2030.

Italy: Quercus, Swiss Life acquire ASI, 77.1 MW solar portfolio

Quercus Assets Selection and Swiss Life Asset Managers have acquired Antin Solar Investments (ASI) and its 771. MW Italian PV portfolio, worth EUR 310 million. The transaction should be finalized in Q1 2016.

BayWa sells another UK solar farm

BayWa r.e. has sold another U.K. solar project this year. The 24.2 MW PV park has been acquired by CEE Management GmbH for an undisclosed sum.

EU trade case: 120 companies, associations to participate in MIP expiry review

The possibility to register as an interested party for the EU Commission’s expiry review of minimum prices and import volumes for Chinese solar PV manufacturers expired on Monday. Many more companies and organizations registered than in 2013, the majority of which are based in Germany.

EU: Anti-circumvention duties for Chinese solar products shipped via Taiwan, Malaysia

Anti-circumvention duties of 53.4% and anti-subsidy duties of 11.5% are to be applied to Chinese solar PV panels and cells shipped from Taiwan and Malaysia to the EU, after the European Commission (EC) found evidence of duty dodging. They will be applied retroactively. Companies have until January 6 to comment on the ruling, with a final decision expected by the end of February.

Inovateus to build 45 MW of solar PV in Michigan

Michigan utility DTE has contracted with the Indiana developer and EPC to build a 30 MW and a 15 MW PV plant, which combined with its other projects will triple Michigan’s installed solar capacity.

SolarCity installs more than 1/3 of all U.S. residential solar in 2015

GTM Research finds that SolarCity’s market share grew to almost 37% in the third quarter of 2015, however the company notes that there is still opportunity for small- to mid-sized installers.

Nevada creates separate rate class and adds new charges for solar owners

Nevada regulators have set new rules for solar customers participating in net metering, including retroactive changes for those already participating in the program.

Vivint shareholders to vote on SunEdison acquisition

Vivint Solar has issued a proxy statement calling for a shareholder vote. Acquisition by SunEdison is expected to close in the first quarter of 2016.

Shanghai releases policy encouraging financing of distributed solar

A new policy to encourage financing of distributed solar PV projects in China’s largest city has been jointly released by the Shanghai Reform and Development Committee (HRDC) and Shanghai Finance Bureau. IRRs are expected to increase to over 20%.

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