Australia: 90% renewable target set for Capital Territory
The Australian Capital Territory (ACT) Government has unveiled a plan this week that sets the goal that 90% of its energy needs will be provided by renewable energy, by 2020. The key pillars to the plan are solar, wind and energy efficiency. The plan sets out 90 MW of large scale solar to be installed by 2020, and around 72 MW of small and medium scale rooftop photovoltaics.
Italy closes first PV register
At midnight, registration for Italys first photovoltaic register under the Conto Energia V expired. GSE is scheduled to publish the list of projects eligible for a feed-in tariff (FIT) in October.
Bulgaria: Up to 39% retroactive grid fee for PV operators
The Bulgarian state regulator has introduced a retroactive renewable energy grid fee. Under the new rules, photovoltaic operators will have to pay back up to 39% of their feed-in tariffs (FITs). While the fee is supposed to be temporary, no deadline has been provided.
Renewables in UK to rival thermal power by 2025
A new report, released today, has concluded that the cumulative installed capacity of renewable energy plants will reach 79 GW by 2025, only 2 GW less than the predicted installed capacity of traditional thermal plants.
OPIC to fund 60 MW South African PV project
The Overseas Private Investment Corporation (OPIC) will invest up to US$250 million in its first photovoltaic project in South Africa.
Fluor Corporation plans 170 MW PV project in California
Fluor Corporation has been awarded an EPC contract to construct a 170 MW photovoltaic plant in southern California by Centinela Solar Energy, LLC, a member of the LS Power Group. It is scheduled to be online by mid-2014.
Sonnedix closes 90 million financing on 24 MW French PV project
Sonnedix has closed a 90 million long term non-recourse project financing deal on its 24 MW photovoltaic project in north eastern France with HSH Nordbank AG.
Australia: Proposed "gross FITs" slammed
Only months after the new conservative government in the Australian state of Queensland slashed its FIT program, a proposal to pay gross FITs has been slammed by clean energy groups.
India: Demand for RECs expected to rocket by 2016
Despite only 5 of India’s solar Renewable Energy Certificates (RECs) being traded when the solar offsetting mechanism started this May, consulting firm Bridge to India has predicted some 480 million RECs will be changing hands by 2016.
French Government plans FIT phase out
To further develop photovoltaic power in France, the new French government has recommended a change from the current feed-in tariff (FIT) system, available for systems up to 100 kWp, to an auction system.
