Australia: AEMC shies away from “solar tax”
Although proposed in the report’s draft, the Australian Energy Market Commission’s final report on the Distribution Market Model does not mention imposition of charges for export of energy from distributed generators.
China installed 24.4 GW of solar in first half of 2017, shows official NEA data
The statistics, published over the weekend, reveal that June alone accounted for more than half of that total figure, increasing 16% against June 2016.
Queensland to auction off 400 MW of renewables under new $873 million energy strategy
The government of the Australian state has revealed plans to launch reverse auctions this year for as much as 400 MW of renewable energy capacity, in addition to 100 MW of energy storage systems, as part of a new A$1.16 billion ($873.2 million) investment.
University of Jordan announces 16 MW net metering PV tender
The University of Jordan has announced a new tender for a 16 MW photovoltaic net metering system and 5th June is the last day to purchase the tender documents. Investors can submit their offer by 28th August.
Brazilian utility CPFL launches unit for residential and commercial PV
Brazil’s third biggest electric utility company has set up Envo, a new unit offering residential and commercial PV solutions under net metering. The offer includes a financing option with Banco Santander.
Canada’s Potentia Renewables secures $78 million financing from La Caisse
Quebec’s investment fund has agreed to provide Ontario-based rooftop solar specialist with CA$ 107 million ($78.0 million) in debt financing.
Comtec posts $146 million net loss in 2016
The Chinese integrated solar specialist recorded a 1 billion yuan ($146 million) net loss for the 12 months to the end of December, from a loss of just CNY 434.7 million during the same period a year earlier.
LongiTech buys Guangshuo New Energy for $16.7 million
The Chinese company has purchased the entire equity interest in Gaobeidian Guangshuo New Energy for HK$130 million ($16.7 million). As part of the deal, it will issue 44,820,000 consideration shares at HK$2.9 per share.
France announces winners of 150 MW tender round for rooftop PV projects exceeding 100 kW
The French governenment announced that 361 projects were selected in the first 150 MW round of the 1.35 GW tender for rooftop PV. The next tender round will be held in July.
India: Vikram Solar brings 130 MW of PV online in Rajasthan
The project, comprising two 65 MW solar farms at Bhadla, Rajasthan, has been built by Vikram Solar for India’s National Thermal Power Corporation. Azure Power, meanwhile, wins tender to develop 46 MW of rooftop solar for Indian Railways.
