FIT

The Saudi Arabian power group will build three solar plants at the Benban solar complex, where most of the projects developed under Egypt’s FIT scheme are being constructed.

The Italian government has decided that PV installations up to 3 kW relying on irregular or non-certified components will maintain 80% of the incentive amount granted by the Conto Energia.

Kenya signed this month PPAs for 160 MW of new solar PV plants at a price of US$0.12 per kWh. The price has sparked controversy.

The Sydney-based energy distributor and renewables developer has revealed that it will pay higher rates to households for the electricity they send to the grid from their rooftop PV arrays.

The FIT program, which is being developed with the support of the UNDP, is expected to encourage grid-connected renewable energy projects as well as off-grid generation.

Another decree issued by the French Ministry of the Environment, Energy and the Sea has set the new feed-in tariffs for residential and commercial PV projects up to 100 kW on the French mainland.

A new decree sets feed-in tariffs for PV installations up to 100 kW in Corsica, Guadeloupe, French Guyana, Martinique, Mayotte, and La Réunion.

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.

The Japanese group’s net income attributable to shareholders fell from JPY 109,047 million ($970.9 million) to JPY 103,843 million in the 12 months to the end of March 2017, partly due to declining sales from its solar business. It did not reveal its total PV module shipments for the year.

Indonesia recently brought in a new renewable energy law that changes the remuneration tariffs for renewable energy projects, including solar PV systems. Furthermore, the country’s state-owned utility recently signed agreements for new photovoltaic capacity.