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Solar

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.

Solar Systems LLC gets $15 million financing from Gazbank

The seven-year loan will be used by the Russian solar developer to finance the construction of its 15 MW solar project in the Astrakhan region of Russia.

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.

Saudi Arabia shortlists 27 companies for PV project

The Saudi Renewable Energy Development Office (REPDO) has announced a shortlist of 27 companies that will be invited to submit proposals for 300 MW of solar PV commissioned as part of the first round of Saudi Arabia’s National Renewable Energy Program (NREP).

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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.

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Schmid and MacDermid 2017 Technology Highlights award winners

Schmid Group and MacDermid Enthone have been selected as pv magazine’s 2017 Technology Highlights award winners. In late March, the prize jury of industry experts met to select the winners, from a shortlist of eight innovative new PV production equipment and materials. Dozens of entries to the award were received from suppliers worldwide. Alongside the two winners, the jury selected Sinton Instruments as worthy of special commendation as having provided the ‘Technology to Watch’ in 2017.

Sri Lanka seeks bids for 60 MW of large-scale PV

Sri Lanka’s Ceylon Electricity Board has issued a tender for the construction of 60 PV power plants with a capacity of 1 MW each. Bids must be submitted by April 26.

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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.

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