solar energy

The Italian government has decided that PV installations up to 3 kW relying on irregular or non-certified components will maintain 80% of the incentive amount granted by the Conto Energia.

Income from solar power generation would be used to provide additional funds for two social security programs endangered by the Fund’s precarious financial situation.

The former head of Germany’s Fraunhofer ISE said in an interview with Spiegel that, although the proposed U.S. border wall should reach a length of only 3,000 kilometers, this would be enough to build a huge PV installation. With solar LCOE ranging from $0.03 to $0.05/KWh the PV plant could be amortized in five to six years.

The government of the small African country has launched a program to bring solar power to two million people without access to electricity.

According to new statistics, new PV installations for last year totaled 24 MW. Furthermore, solar was able to cover 2% of power demand in 2016.

The government of the archipelago is planning to decommission parts of thermal power plant Es Murterar and to increase the share of renewables through the deployment of large-scale PV capacity.

Through the new fund, the Spanish financial services provider hopes to initially raise up to €20 million.

The German development bank reports robust demand for storages systems combined with PV power generators. Starting from July 1, the repayment subsidy will drop from 19% to 16%.

Rebates can cover up to 30% of the costs for buying and installing a residential or commercial PV system. The program is expected to enable the deployment or around 50 MW of solar capacity.

The Baikonur Solar project is planned for the Kyzylorda region. The project will be developed by Samruk Kazyna United Green Energy Ltd., which is also building two more 50 MW solar facilities financed by the EBRD.