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.
France releases new FITs for rooftop PV in Corsica and overseas territories
A new decree sets feed-in tariffs for PV installations up to 100 kW in Corsica, Guadeloupe, French Guyana, Martinique, Mayotte, and La Réunion.
Ecosummit 2017: Eneco Group to invest in Next Kraftwerke
Dutch energy company Eneco Group announced its acquisition of a 34% stake in Next Kraftwerke, a German company operating one of Europe’s largest virtual power plant networks. The investment was announced at the Ecosummit cleantech event in Berlin today.
EU greenlights France’s new regulation (and FIT) for residential and commercial PV
The European Commission has approved three initiatives of the French government aimed at supporting renewable energies. One of these is the new regulation for residential and commercial PV, which includes a 20-year FIT for power injected into the grid.
France announces winners of 150 MW tender round for rooftop PV projects exceeding 100 kW
The French governenment announced that 361 projects were selected in the first 150 MW round of the 1.35 GW tender for rooftop PV. The next tender round will be held in July.
French presidential election: what to expect for solar from the winners of the first round?
Both winners of the first round have said they want more solar during their electoral campaigns. While Macron promises to double installed PV capacity by 2022, Le Pen claims she will push for a massive deployment of solar and biomass (not wind), although under an “intelligent protectionism”.
France’s power and gas system operators enter partnership to improve integration of renewables
RTE and GRTgaz have created a common databank to analyze how power production from renewables can be better integrated into France’s electricity system.
Voltalia reports growth of revenue and operational profits for 2016
The French wind and solar power developer saw its turnover increase significantly last year. The company is completing the integration of Portuguese PV company Martifer Solar, which it acquired last summer.
Engie takes full control of solar and wind unit Compagnie du Vent
The French energy giant has acquired 100% of its renewable energy subsidiary Compagnie du Vent. The unit has installed over 500 MW of PV capacity to date.
France releases renewable energy plan for French Guiana, solar FITs to be increased by 35%
The French Government this week unveiled a new renewable energy plan for French Guiana. The program includes development of distributed generation, self-consumption and storage solutions, and a 35% increase of FITs for grid-connected installations. Around 40 MW of additional PV capacity is expected to be installed in the region.
