Solar Subsidies & Financing Posts

U.S. President Trump receives report on possible new solar tariffs

U.S. President Trump receives report on possible new solar tariffs

After two U.S. solar manufacturers filed for bankruptcy protection earlier this year, the ITC agreed that the import of cheap solar products harms local companies. It has thus drawn up a plan of possible measures to improve the situation. President Trump received it earlier this month and has 90 days to give his pending approval.

Hungary grants selected PV projects 1-year reprieve to encourage completion

Hungary grants selected PV projects 1-year reprieve to encourage completion

Hungary’s government has amended its Decree 389/2007. As a result, selected PV projects that are unlikely to meet their deadline may now receive a 1-year grace period. This is a further step taken to bring along the country’s National Renewable Action Plan.

New solar plan to be launched in Portugal

New solar plan to be launched in Portugal

A new regulatory framework for the development of large-scale solar projects has been presented in Portugal. It forms part of the country’s new state budget law, to be introduced in 2018.

Lowest bid ever in Saudi Arabia’s solar tender

Lowest bid ever in Saudi Arabia’s solar tender

Saudi Arabia has held its first, 300 MW solar tender. While bidders are being shortlisted, it seems that a new global solar power tariff record may be the outcome, with bids of under 2 US cents per kWh.

Solar boom in Australia’s Queensland region

Solar boom in Australia’s Queensland region

The solar sector in Australia’s Queensland region is growing constantly. Projects with a total size of 4 GW are currently in the pipeline, and another 31 GW are awaiting financing.

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