Solar Subsidies & Financing Posts

British renewables industry concerned over FiT and energy future

British renewables industry concerned over FiT and energy future

While Britain is waiting for its government to release a new FiT strategy, the country’s renewable energy oragnisations worry about the impact this uncertainty may have on the industry, and have approached the Energy secretary with an urge for action.

Italy Update: One customer at a time

Italy Update: One customer at a time

Italy update: Current Italian legislation for self-consumption includes the possibility for owners of PV systems up to 20 MW to sell all or part of the produced power to a single final client. Despite several challenges, this option is now becoming more attractive, as solar module prices keep dropping and energy prices for the Italian industry and service sector remain among the highest in Europe.

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.