Danish government unveils bill to introduce tax on self-consumed PV power
The government said the tax is expected to reduce budget expense from DKK 4.9 billion to DKK 3.7 billion, and to slow faster than expected development of solar.
Africa: solar power and Indian bilateral trade key routes to prosperity, says AfDB president
African Development Bank President Akinwumi Adesina tells the media ahead of the bank’s Annual Meetings forum that Africa-India bilateral trade will reach $100bn by 2018, with solar power playing a prominent role in closer cooperation and boosting economic opportunities.
India hikes solar cell and module tax rate to 18%
The increased Goods and Services Tax rate for solar cells and modules is in part a response to the technology’s ability to “stand on its own two feet”, says energy minister.
Hevel Solar begins work on 10 MW PV plant in Siberia
The plant is located in the Republic of Buryatia, where Hevel is also planning another 15 MW solar facility. The project’s completion is scheduled for December 2017.
Canada: Newfoundland and Labrador launches net metering
Renewable energy power generators installed under the scheme will sell power surplus to local utilities Labrador Hydro and Newfoundland Power starting from July 2017.
Itochu launches residential lithium-ion battery in Japan
The Japanese trading firm has started selling its new Smart Star L lithium-ion storage battery system for the Japanese residential PV market. It has designed the system in cooperation with Yokohama-based manufacturer NF Corp.
Cypark to develop 14.5 MW in Malaysia
Engineering firm Cypark Resources has signed contracts to build two utility-scale PV projects for MYR 75.01 million ($17.4 million) in the Malaysian state of Negeri Sembilan.
U.S.: Vistra to build Texas’ largest solar plant
The power company has bought the 180 MW Upton County Solar 2 project in West Texas, and signed a contract to have the project built.
RWE considering sale of minority stake in renewable energy unit Innogy to Engie, report
RWE and Engie could be intertwined soon. According to Reuters, the investment banks of both energy providers are currently examining different options. The article reports that RWE could sell to the French energy giant all of its majority stake in its renewable energy unit Innogy, or a part of it. Reuters cites the investment banks involved in the operation as a source.
40 MW floating PV plant in China connected with Sungrow’s inverters
The world’s largest floating PV power plant, with the capacity of 40 MW is now connected to the grid.
