Slovenia launches solar rebate scheme
The Slovenian government has earmarked €3 million to finance solar rebates in 2017. The funds will cover 20% of the costs for buying and installing a PV system under net metering.
Engie acquires stake in Chinese solar developer Unisun
The French energy giant has entered the Chinese solar market through a 30% equity investment in local PV developer Unisun.
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.
Nigerian government inks deals for 120 MW of solar
Nigeria’s Ministry of Power has signed two put/call option agreements with local solar developers Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited. The two companies are planning to build two PV plants with a combined capacity of 120 MW.
Netherlands’ Gasunie launches 1 MW power-to-gas pilot project powered by solar
The Dutch gas provider is building Netherlands’ first MW-sized power-to-gas installation. The plant will be powered by 5,000 solar modules.
Photon Energy plans to deploy 50 MW of PV capacity in Hungary
The Dutch project developer plans to build PV plants for its own portfolio in the European country.
Ohlthaver & List to build large-scale solar plant in Namibia
The 6.4 MW solar facility will be located in Tsumeb, northern Namibia. The project was selected in a tender recently held by local utility Cenored.
Bahrain to introduce net metering policy for PV
The Middle Eastern country is now preparing to introduce a net metering scheme for decentralized renewable and solar energy projects under its National Renewable Energy Action Plan (NREAP).
Scatec Solar secures PPA for 400 MW of solar plants in Egypt
The Norwegian solar developer has obtained a 25-year PPA for six PV power plants totaling 400 MW. The facilities will be located near Aswan in Upper Egypt.
Singyes Solar records 43% rise in net profit in 2016 full-year financials
The Chinese solar manufacturer saw revenue and profits both increase considerably last year. The company’s solar EPC business registered a 51% increase in turnover in 2016.
