Indian Prime Minister sends pro-solar tweet hours after urging the country’s state leaders to ensure solar power projects are implemented as soon as possible; foreign bidders at auction draw criticism.
Scottish government confirms small-scale solar farms smaller than 5 MW will continue to be eligible for the ROC; Edinburgh launches ambitious community solar scheme.
There will be no monthly decrease in the FIT paid to solar PV arrays in Germany this quarter, as new installed capacity for Q3 falls below the corridor that would trigger a degression. This is the first time no degression will take place since the current iteration of the FIT scheme was put in place in 2012.
Analysis by the Solar Trade Association finds that the U.K. government’s proposed cuts will see the rate of solar support fall from 70 million pounds a year to just two million.
The UK’s Oxford PV has raised a further GBP4.4 million (US$6.6 million) in a “top-up” Round B, to continue with its work in commercialization perovskite technology. Drawing on both new and existing investors, Oxford has now raised a total of GBP8.2 million (US$12.4 million) in its B round.
The World Bank has approved a $250 million loan facility to support Jordan’s transition to renewable energy and the more efficient use of water resources. The loan is specifically expected boost residential solar PV installations for poor households.
Canadian solar developer enters long-term power purchase agreement with the Government of Madhya Pradesh for the development of 150 MW of solar PV.
Today the Austin City Council meets to consider two sets of contracts, but the decision appears to be a done deal. More than 600 MW of bids came in at under five US cents per kWh.
U.S. thin film producer and developer First Solar has secured a loan facility from Mizuho Bank to develop utility scale PV projects in Japan. The loan is for US$33 million and First Solar has indicated that it will work with local companies to realize the solar farms in the country.
The law includes an 8% target by 2017, a price cap for contracts, and an obligation for large energy users.
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