The government of the Russian region of Astrakhan announced that work on the first large-scale PV plant in the area has begun. Completion on the 15 MW project, which is being developed by local developer Solar Systems, is scheduled for the third quarter of this year.
The government of Mali has secured further funds to build the country’s first large-scale PV project. The 33 MW Segou Solar PV Project will sell power to local utility under a 25-year PPA.
France’s Parliament has given final passage to a law that regulates the installation of renewable energy systems for self-consumption. The new legislation will provide a clear regulatory framework for the grid-connection of these installations.
The Indian capital’s 2016-2020 solar policy lays out detailed guidelines to increase the city’s solar footprint, including making it mandatory for all large government buildings to adopt PV.
UK Chancellor of the Exchequer Philip Hammond made no mention of solar energy in today’s Spring Budget Announcement. This leaves the UK’s rooftop solar segment facing a tax hike of up to 800% in the financial year beginning next month.
The Norwegian solar developer is considering the construction of two PV plants totalling 60 MW in Ukraine. The company is discussing opportunities with local deputy Minister of Energy.
Romania’s solar market registered a slight drop in new installations in 2016. Approximately 70 MW was installed last year. This capacity is represented by MW-scale PV projects developed under the green certificate scheme launched in 2011.
Chinese tier-1 solar manufacturer Yingli Green Energy today announced the formation of a committee of independent directors to assess the company’s situation. The committee will recommend strategic improvements and alternatives, in order to improve Yingli’s debt structure.
The Chinese-Canadian company has secured $20 million in funds to support the construction of a 191 MW PV plant in Brazil.
The European solar market decreased by 21% last year. This disappointing if not unexpected news opened SolarPower Europe’s annual summit in Brussels today. Grid integration of Europe’s solar capacity, EU market rules for protecting the ‘prosumer’ and reforms to the continent’s faltering Emissions Trading Scheme were major themes during the plenary session.
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