ITC extension may be stalled in the U.S. House
Despite the leadership of both parties supporting the spending bill that contains a three-plus year extension of the ITC, the bill may fall prey to politics.
ITC extension talk boosts US solar shares
Hopes that Congress can agree a deal to extend the Investment Tax Credit scheme beyond 2016 have prompted a jump in the shares of leading U.S. solar company such as SunPower and SunEdison.
Solar for oil: the ITC set to roll on
In what has been described as a sweeping bill to keep the cogs of the U.S. government turning, legislation has been introduced to Congress in which an extension of the solar Investment Tax Credit has been included. Tacked onto the miscellaneous section of the legislation, the bill would see the ITC maintained at 30% through to 2020, and then stepped down in a measured fashion in the following years.
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.
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.
Trina Solar receives management buyout proposal
Chinese solar company receives preliminary proposal from CEO Jifan Gao and Shanghai Xingsheng Equity Investment & Management Co to take the company private; board reviewing the proposal.
Mercom: Global PV installations to reach 64.7 GW in 2016
Mercom Capital forecasts that the global PV market will grow only 13% in 2016, with the United States surpassing Japan to become the #2 installer of PV globally.
IDB to fund 100 MW solar PV project in El Salvador
The bank will provide US$88 million in loans to build the project, which could be the first large utility-scale solar plant in El Salvador.
UK: proposed tax hike on solar panels could heap further pain on industry
A proposal by U.K. tax regulator HMRC to increase value-added tax on solar panels from 5% to 20% has been challenged by the Solar Trade Association and other campaigners who are urging the government to halt the rise.
COP21 Interview: Reliving the tension of Solar Impulse's round-the-world attempt
pv magazine speaks with Solar Impulse pilot and co-founder Andre Borschberg at the COP21 Summit in Paris.
