Lithuanian-owned solar developer Modus Energy International is reportedly seeking €11.5 million from the Ukrainian government after it retroactively reduced feed-in tariff payments from August. Modus claims Kiev breached the Energy Charter Treaty with its reduced-payment legislation.
The court has agreed with advocate-general Henrik Saugmandsgaard Øe that Italy’s move, in 2014, to reduce solar incentive payments contained in signed agreements held by developers does not breach EU law.
An overview of the state of solar across the continent by trade body the Africa Solar Industry Association has highlighted a patchy policy landscape where clean power ambitions are often not followed through.
The developer said it installed and commissioned seven solar rooftops in just three months despite Covid-19 travel restrictions.
Blockchain systems are being tested as a means of offering solar households revenue for excess power they generate, now the FIT program has ceased.
Pioneering solar projects which signed ten-year feed-in tariff agreements will soon need to operate free of subsidy and with local authorities like the City of London starting to embrace direct contracts with renewables generators, the PPA market could be set for another turbo charge.
Vietnam has now effectively overtaken Thailand as the largest solar market in Southeast Asia in terms of installed solar operational capacity, with more than 6,314 MW installed up to September 2020. Many hundreds of MWs of solar projects are also still under construction or development. However, its solar (and other renewable energy) M&A activity has developed very slowly to date. There are many reasons to expect that this is about to change, but before we examine them, let us review the main factors behind this sluggish tempo.
Last Friday, the German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) officially released its “RTS – Technical and Administrative Guidelines for Commercial and Industrial Projects” to further support the development of rooftop solar (RTS) in Vietnam. Earlier in the week in a JinkoSolar-organized webinar, Tuan A. Nguyen of the Ministry of Industry and Trade’s (MOIT) Institute of Energy provided an update on Vietnam’s growing PV market and especially the RTS segment. Mr. Tuan also coauthored the RTS Guidelines for C&I Projects.
The French government has decided to reduce the planned degression rates for feed-in tariffs, in addition to raising the size limit for projects.
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