Around 31.7 MW was installed and 1,613 rooftop PV systems were deployed under the Plusskundeordningen solar rebate program last year. This compares to 31.9 MW and 1,666 projects a year earlier. Low power prices and policy confusion are the main causes of this slight market contraction.
The world’s largest sovereign wealth fund will invest in non-listed infrastructure, with the government stressing such commitments will not be a climate policy measure but an investment strategy. The fund had already announced an intent to gradually divest holdings in oil and gas companies and related projects.
Saga Energy, a partner of Taiwan’s Delta Group, has inked a €2.5 billion deal to construct 2 GW of solar PV in Iran, working alongside local partner Amin Energy. Company also hopes to build module fab in the country.
According to provisional figures, the amount of PV capacity operating in the Norwegian-Swedish electricity certificate market, mostly located in Sweden, has almost doubled in 2016.
The Norwegian oil company confirmed it is evaluating new business opportunities within solar. The company launched a $197 million fund dedicated to renewable energies in February 2016.
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