The Mexican Government intends to facilitate the planning of renewable energy projects over the next years. Clean energy certificates, which apply to power provider and industrial consumers, will increase from 7.4% in 2020 to 10.9% in 2021 and 13.9% in 2022.
The Brazilian Government has approved a decree to introduce an auction system to cancel power contracts awarded in the reserve energy auctions (leilão de reserva). Through these auctions, held between 2014 and 2015, several large-scale PV projects were commissioned.
The Chinese solar power company has signed an inaugural dual-tenor green project bond with Goldman Sachs Japan to aid the construction of its Gunma Aramaki solar power plant.
Researchers at the Ulsan Institute of Science and Technology (UNIST) in South Korea have announced the development of a method to produce perovskite solar cells, which the University says could contribute to commercialization of the technology.
Hungary’s solar market could see its largest growth ever in 2017. Although the country’s FIT scheme was closed in mid-2016, 2 GW of projects approved under the program could still potentially be installed over the next two years.
Video interview: Dirk Uwe Sauer, Professor of storage system technologies at RWTH Aachen, speaks about the future of batteries at the Energy Storage Europe 2017
The project, comprising two 65 MW solar farms at Bhadla, Rajasthan, has been built by Vikram Solar for India’s National Thermal Power Corporation. Azure Power, meanwhile, wins tender to develop 46 MW of rooftop solar for Indian Railways.
The Dutch power provider has acquired Belgian utility Eni Belgium and a larger share in Belgium’s power market. The company said that it will now invest in new power production in the country, especially in solar and wind.
The Romanian government has approved a new measure to eliminate the validity period of 12 months for the green certificates. The certificates will now be valid until the end of the support scheme in 2032 and will be taxed upon sale, not upon registration.
A months-long investigation into price dumping in Turkey has concluded, with the Turkish government announcing a list of China-based PV manufacturers who will be subject to antidumping fees for PV imports.
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