460 MW of solar PV pre-approved in Russian solicitation
Projects are expected to be awarded in the next few weeks under the third annual auction for renewables. However, little PV has been built in Russia to date.
Brazil launches incentive program for distributed generation
Including tax incentives for installations, the program contemplates the sale of surplus electricity on the wholesale market and provides BNDES funding for initiatives. The government expects up to 23.5 GW of installations, mostly solar PV, by 2030.
GTM Research: ITC extension would grow the U.S. solar market 54% through 2020
An analysis by GTM Research shows that an additional 25 GW of solar PV will be installed in the U.S. over the next five years if the ITC is extended via the current spending bill in Congress.
Solarpark Blautal revealed as new majority shareholder of centrotherm
Company co-founder, Robert Hartung has, alongside an unnamed, strategic investor, been identified as the new majority shareholder of centrotherm photovoltaics AG. Subject to conditions being met, the purchase agreement will be completed in Q1 2016.
Dow, DuPont to combine, will become "technology leader" in solar PV materials
The Dow Chemical Company and DuPont have unveiled their US$130 billion “merger of equals” plan. Combining their expertise, say the two, will create a “technology leader across four high growth segments,” including solar PV materials.
Paris deal: Great for renewables, and a $46 trillion hit to fossil fuels
The fossil fuel industry is facing a US$33 trillion hit to its expected revenues over the next 20 years, following the dramatic and unexpected result of the Paris climate change conference last weekend. RenewEconomy reports.
Czech renewable energy groups lobby EC over lack of FIT payment uncertainty
Renewable energy groups from the Czech Republic are meeting with the European Commission (EC) today to lobby against the countrys electricity market operator, which has refused to issue a 2016 pricing decision for renewable remuneration without confirmation of support from the EC. The groups are calling for an investigation into the situation.
Singapore awards 76 MW of solar under SolarNova auction
Sunseap Leasing Pte Ltd has been awarded the entire 76 MWp solar PV capacity under the first SolarNova tender in Singapore. The next tender will be called in the first half of 2016. Overall, 220 MW will be installed under the program.
India: 4.3 GW of solar expected in 2015/16 fiscal year, major industry concerns voiced
The Indian Government expects 4.3 GW of solar PV capacity to be added in fiscal year 2015/16. In the first seven months, just 936.8 MW were commissioned. In 2016/17, the government envisages 11 GW of solar. However, policy uncertainty and delays in state government initiatives are a “major concern” for the countrys solar industry, says Bridge to India.
AEP agrees to build 400 MW of solar in Ohio over the next four years
As the result of a settlement with the Sierra Club, Ohio may be installing far more solar than has been put online in neighboring states. The agreement is pending regulatory approval.
