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Feed in Tariffs

Panda Green warns of $500m annual loss

The bailed-out Hong Kong-listed PV developer has warned its remaining independent shareholders of a thumping net loss for 2019 as it prepares to reveal its final results at the end of the month.

Ukraine unveils plan for retroactive FIT cuts

The government has suggested PV plant operators accept a ‘voluntary’ 12.5% reduction in feed-in tariffs. If developers refuse, policymakers could impose 15-25% cuts, albeit with payment contracts extended five years. The drastic measures are being considered to reduce the cost of the state-owned Guaranteed Buyer body, which purchases all electricity generated in Ukraine from renewable energy facilities.

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How FIT cuts killed plans for UK solar manufacturing hub

With the European Commission claiming its €100 billion ‘Just Transition’ fund will ease EU coal mining regions into a post-fossil-fuel future energy system, Adam Smith considers what happened in one deprived area of Britain when government policy failed to support talk of clean energy ambitions.

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Vietnam might maintain FITs for 3 GW of approved large-scale PV projects

The transition from a feed-in tariff scheme to an auction mechanism may take longer than expected in the Southeast Asian country, as the Ministry of Industry and Trade is considering maintaining FITs of $0.0709/kWh to $0.0769/kWh for projects that secured approval before Nov. 23, 2019, if they come online as scheduled by the end of this year. According to law firm Lexcomm Vietnam, there are currently 3 GW of projects with licenses.

Broken promises: Legal recourse for retroactive FIT cuts

Generous feed-in tariffs, a short-lived boom and retroactive cuts – the early stages of large-scale solar deployment in Europe followed a regrettable pattern. Project developers have increasingly turned to the legal system for restitution, and many have been successful, writes Daniel R. Meagher, a partner in Winston & Strawn’s international arbitration practice.

Taiwanese government proposes solar tariffs of US$0.13-0.19/kWh

The draft feed-in tariff scheme should be approved by the end of the month. Payments for residential solar systems are expected to fall only 0.34% but those for utility scale solar may be reduced by 2.2%. An increase is set to be granted to projects in remote areas and also to those which rely on high-efficiency modules.

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Taiwan wants 3.7 GW of new solar by 2021

Prime minister Su Tseng-chang announced the ambition and said the new solar plan for 2019-20 will bring investment and business opportunities of around US$7.5 billion.

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Vietnam may cut FITs for large scale solar 20%

The tariff for rooftop PV will be maintained at $0.0935/kWh but payments for ground-mounted and floating solar could be cut to $0.0709/kWh and $0.0769, respectively. The previous FIT scheme, according to government figures, has driven the deployment of around 5 GW of solar generation capacity.

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Sungrow counts 1.4 GW installed inverter capacity in Vietnam

At the end of Vietnam’s solar gold rush, the Chinese power electronics maker can look back on a positive result. With the last glut of project announcements issued, Sunseap said it had finished a 168 MW installation featuring Longi’s Hi-Mo 1 modules.

Etrion and Jinko turn their gaze on Japanese market

The U.S. project developer and Chinese manufacturing giant have both moved to extend borrowing for Japanese operations as Sumitomo Mitsui has given another lift to its domestic PV market.

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