PVA TePla returns to profitability in Q1
Q1 sales increased by 37% compared to a year earlier. The company also posted a positive Ebit for the first time in five years.
Ukrainian government reports growing interest for solar under net metering
Around 3.4 MW of PV systems were installed in Ukraine under its net metering scheme in the first quarter of this year. The scheme was introduced by the Ukrainian government in 2015.
China key to growth of green bond market in 2016
Global issuance soared 60% year on year to $113 billion in 2016, with Chinese and Indian banks playing a critical role in driving growth by issuing debt securities to back the development of PV projects and other climate-related initiatives, Fitch Ratings said in a recent report. The total value of outstanding green bonds had reached $280 billion by the end of March 2017.
Cyprus sees share of large-scale solar rise
A 1.5 MW project financed by the European Bank for Reconstruction and Development was commissioned in Nisou. The plant is one of five MW-sized solar projects supported by EBRD in Cyprus.
Atomic scale design could pave the way to more persistent solar cells, study says
Researchers from ICL claim to have discovered the cause for the rapid decrease in performance of perovskites. Adding iodide ions may help improve the stability of solar cells.
Brazilian Development Bank grants first financing for large-scale PV
The BNDES will support a 150 MW solar project being developed by EDF and Canadian Solar in the state of Minas Gerais. The project is scheduled to come online in August 2017.
SolarWorld’s German units file for insolvency, provisonal administrator is named
The Bonn court has confirmed to pv magazine that Horst Piepenburg was named temporary administrator for SolarWorld. Meawhile, the company’s German units also filed for insolvency.
Solar in the Netherlands crosses 2 GW mark
Around 525 MW of installed PV was connected to the grid in the Netherlands in 2016, according to provisional numbers provided by the Dutch Central Bureau of Statistics (CBS).
Greece applies virtual net metering
Greece’s environment and energy minister has approved the country’s virtual net metering provisions. This is a policy step towards the right direction, however it is not expected to have a significant effect on Greece’s PV installations any time soon.
EU energy regulators call on Brussels to remove net metering and priority dispatch for new RES from Winter Package
ACER and CEER have asked the European Commission to take a more market-oriented approach for the Clean Energy Package 2020-2030. The two organizations called on Brussels to remove priority dispatch for existing renewables and to avoid net metering.
