Solar Markets & Finance News

India is readied to impose a 20% levy on imported solar modules, cells as well as inverters from August, changing the existing safeguard obligation.

Strategies to establish the initial of 3 'renewable resource areas' (REZ) in the Australian state of New South Wales have seen an overwhelming degree of rate of interest, with an ask for propositions chalking up a nine-fold oversubscription.

Spain's PV industry has actually welcomed government approval of a plan of legal actions focused on quickening the nation's change to 100% renewables.

Adding power storage can improve solar PV project incomes by as long as 50% in the US state of Massachusetts, US programmer Stem Inc has actually declared.

The Swiss energy will certainly offer the ancillary services provided to power network driver Fingrid by the 30 MW/30 MWh lithium-ion Yllikkälä Power Reserve One battery given by French renewables company Neoen.

A plan in the Australian state of New South Wales to build a 3 GW renewable resource area has actually currently drawn in US$ 26.4 billion of project proposals, as well as the state government is currently quadrupling its financing support.

Dow Inc. is set to get 75% of the annual generation from First Solar's upcoming 200 MW Horizon Solar project in Frio County, Texas, under a 15-year power agreement.

Asian C&I solar specialist Cleantech Solar has actually secured a US$ 75 million financing to money its development across Southeast Asia.

Actions developed to sustain solar and also other renewables in the United States have been proposed within a site US$ 1.5 trillion facilities financial investment Bill, tabled by House Democrats.

Development of the 150 MW Cabin Creek solar farm is readied to move forward, since developer Clenera has actually pertained to terms on a 15-year agreement with Basin Electric Power Cooperative.

Gore Street Energy Storage Fund has actually secured the bargain to obtain a 100% rate of interest in a 50MW energy storage system in Scotland.

They are words to chill the spirit of solar project proprietors when said in regard to feed-in tariffs: retroactive FIT cuts. A Ukrainian government smarting at the cost of funding an extremely successful solar incentive program shows up set on imitating the approach of governments in Spain, Italy and also Czechia by reopening signed settlement agreements to reset the monies spent for clean power, regardless of the costly claims that have actually welcomed such moves in the past.

Strategies to provide an ask for propositions associated with the contracts to create twin 500-600 MW solar plants in the sultanate by the end of this month appear to have slid yet the head of awarding utility the Oman Power and also Water Procurement Company has actually apparently specified the process remains in train.

The government is claimed to be servicing amending its renewable resource regulations to allow individuals without their very own roofspace to benefit from the solar boom.

Strategies to develop the 150 MW Cabin Creek solar ranch are now set to move on, since designer Clenera has protected a 15-year power purchase agreement with Basin Electric Power Cooperative.