The new regulation will likely to come into force by the end of this year. The German solar association BSW has welcomed the government’s decision, although it has asked for improvements.
The Middle Eastern country is now preparing to introduce a net metering scheme for decentralized renewable and solar energy projects under its National Renewable Energy Action Plan (NREAP).
Mexican company Conermex forecasts that investment for distributed generation projects (DGPV) in Mexico could reach $750 million between 2017 and 2018.
The Shanghai-based integrated solar specialist has completed the purchase of 51% of the entire issued share capital of developer Forum (Asia).
The Chinese solar glass manufacturer reported net income of HK$1,985.6 million ($255.8 million) in the 12 months to the end of December, from HK$1,205.6 million a year earlier.
Rooftop and large-scale solar contributed to estimated 1% reduction in total power consumption in 2016, prompting 1.3% fall in greenhouse gas emissions and rising share of renewables on the grid.
Data from the Ministry of New and Renewable Energy analyzed by Mercom Capital Group shows India’s renewable energy installations have crossed 50 GW, setting the country on course to meet its 2022 goal.
The Chinese vertically integrated solar power company will supply modules and provide EPC services for the distributed solar PV projects in China’s Shandong, Anhui and Zhejiang provinces.
It is estimated that last year more than 100 MW was installed in the segment. With the new distributed generation regulation they believe that new business models will lead to a notable increase in the market his year.
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