Solar and Tesla shine amid weak Q1 for clean energy investment
BNEF cites financing for a massive solar plant in Mexico and Tesla’s billion-plus capital raise as running counter to the trend of falling clean energy financing during Q1. Investments in distributed solar also rose.
Italian Revenue Agency says PV system owners can take advantage of super-amortization on investment goods
The Italian Revenue Agency has finally made clear that PV systems must be considered movable property. As a result, solar modules and other components installed in PV installations can now be depreciated by applying a coefficient of 9% instead of 4%.
Brazil: state of Goiás introduces tax break for PV components
The government of the Brazilian state of Goiás has implemented a measure suggested by Brazil’s central government.
South Africa’s new energy minister postpones long-expected signing of 37 PPAs for solar and renewables
The signing of the PPAs was expected to enable financial closure of several PV and wind power projects being developed under South Africa’s REIPPPP program.
Enel and DIF invest $157 million in Australian solar project
The Italian power utility and the Dutch investment firm have agreed to acquire the first 137.5 MW of a 275 MW PV project under development in Australia. The second 137.5 MW project’s unit will be bought by the two companies later this year.
Russia plans to introduce net-metering for residential PV
If approved, the new net-metering scheme would come into force by the end of this year. Power surplus woul be sold to the grid at a rate of RUB 1 ($0.0174)/kWh.
Chilean authorities greenlight 93 MW of solar in Arica y Parinacota Region
The approved project is the $200 million Alwa solar plant. The installation will be located in northern Chile.
Algeria adopts decree implementing tender for 4 GW of solar
Algeria’s government has published the long-awaited decree implementing the 4 GW solar auction in the country’s official journal. The decree provides more details on the upcoming bid for large-scale PV projects.
NRG begins moving solar, wind O&M in-house
The U.S. power giant shifted 2.5 GW of solar and wind projects to its internal operations and maintenance team in 2016, and is planning on sending another 900 MW in-house this year.
Zambia issues tender for 500 MW of large-scale PV capacity
Zambia’s Industrial Development Corporation Limited (IDC) has issued a Request for Prequalification for the construction of several large-scale solar plants across the country. Selected projects will be developed under the ‘Scaling Solar’ initiative.
