Belgium market update: Once among Europe’s leaders in solar PV deployment, with more than 1 GW of capacity added in its peak year of 2011, Belgium’s market lost momentum following the abrupt closure of generous subsidy programs. In recent years, driven by its residential PV segment, the country has experienced a solar comeback, which became particularly prominent in the year just passed.
Re-Source Platform, which is administered by SolarPower Europe and WindEurope, sees more than 50 multinational corporations including Facebook, Google and Amazon sign letter to European Energy Ministers calling for removal of regulatory barriers on corporate renewable PPAs.
The European Union should aim for 35% of renewables in its energy consumption by 2030, with nationally binding targets introduced to support EU goal, European Parliament says.
The French energy giant has issued its second green bond to sustain its expansion into the renewable energy sector. The €1.5 billion bond will also be used to finance solar projects. Meanwhile, the company has started to target the Belgian commercial PV market.
The proposed extension of trade measures on solar panels and cells imported into the EU from China would represent a severe blow to the sector, says SolarPower Europe. EU ProSun, however, welcomes the recommendation. Minimum Import Price to be reduced in 2017.
Update from SolarPower Europe reveals that the continent installed 1.56 GW in the months from June to September, a 10% decline on Q3 2015. First nine months of the year saw 5.3 GW installed, a decline of 18%.
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