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Incentives

Denmark’s Energy Commission says incentives for renewables should be phased-out

A recently created Energy Commission has advised the Danish government to phase-out incentives for renewables, at the same rate as the technology becomes competitive with other energy sources. Meanwhile, Denmark has added only 3.7 MW of PV so far this year.

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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.

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Austria allocates €5.95 million for solar rebates in 2017

The Austrian Government has allocated €5.95 million ($6.34 million) to solar incentives for 2017. Applications are being accepted starting from Tuesday.

UK local authorities cite lack of Government support as main barrier to solar

A Freedom of Information request made by Korean giant LG Electronics has revealed that 47% of local authorities in the UK see the lack of Government incentives as a barrier to solar investment.

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