According to a new report published by consultancy Greener, the price of DG systems keeps falling in Brazil and total installed capacity has surpassed 308 MW. In the first half of the year, newly installed capacity was around 126 MW – more than the country installed in all of last year.
The blockchain technology, which was developed by Austrian company, Riddle&Code, is intended to help the Portuguese power provider measure the electricity consumption of each user who owns and operates a solar array installed under net metering.
The $80 million scheme is expected to be financed by the Inter-American Development Bank, with the support of the Norwegian government. The funds concerned were originally to be devoted to a hydropower project.
The new rules may help the Eastern European country resume its solar development after two years of very limited growth. Only PV and renewable energy systems not exceeding 100 kW in size will be allowed to enter the scheme.
The failure of the tender depended on a series of factors, the most important of which was the clarification of policy around fiscal exemptions for solar self-consumption in the case of third-party investment.
Most of the capacity, around 27 MW, was deployed in the emirate over the past eight months.
Utility-scale PV is part of the state-run company’s new strategy to raise renewable power production. Lietuvos Energija wants 3 GW of renewable assets in Lithuania and abroad by 2030
With ground-mounted solar plants popular in the Netherlands, critics says large-scale plants are devouring agricultural land. PV association Holland Solar says even if the country reaches an installed capacity of 16 GW by 2050, only 0.5% of its agricultural surfaces would be covered
Although the promised new provisions for net metering are not in force yet, the Turkish government has prepared the ground for future development by granting residential projects under the upcoming scheme an exemption from the 5% income tax on excess power delivered to the grid.
According to data from Brazilian association ABSOLAR, Brazil currently has 27,803 solar PV systems connected to the grid, which benefit 32,924 consumer units and total more than BRL 1.9 billion (around $515 million) in accumulated investments since 2012.
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