Armenia exempts import of PV components from customs duties
The Armenian government has granted exemption from customs duties for the first time to local developer Investment Media Group. The measure is intended to support the implementation of the country’s $58 million solar program.
Vietnam releases FIT and net metering scheme for solar
The Vietnamese government has issued the long-expected FIT scheme for solar energy projects. The 20-year FIT was set at VND 2,086 ($0.091)/kWh. Furthermore, a net metering mechanism is expected to support residential PV across the country.
Aquila Capital sells 38.4 MW in Japan
The German asset manager has completed the divestment of its second solar project in Japan.
Hungarian PV market sees robust growth
Hungary’s solar market could see its largest growth ever in 2017. Although the country’s FIT scheme was closed in mid-2016, 2 GW of projects approved under the program could still potentially be installed over the next two years.
Global solar market on course for 10th consecutive year of growth, says IHS Markit
Analyst’s quarterly data shows 2016 will deliver 34% year-on-year growth rate as Chinese demand fuels another strong 12 months for the industry, with annual installed capacity to reach 77 GW.
UK solar capacity falls as debate over future of PV intensifies
While small FIT-supported projects have driven the British photovoltaic market, 2013 has seen an increasing amount of large-scale capacity as the government weighs green tax reductions while embracing nuclear power.
Czech Republic ends FIT program, extends solar tax
The upper house of the Czech Parliament on Friday passed a bill that ends feed-in tariffs (FITs) for all renewable energies and extends a tax imposed on solar PV plants. The Czech PV industry body is set to take legal action.
