Spain slaps windfall tax obligation on power companies
Spain will introduce a windfall tax on power firms and banks from following year to fund steps designed to assist Spaniards handle soaring inflation.
Jul 15, 2022 // Markets & Finance News, Spain, Europe, policy, legislation, utility, energy crisis, inflation, Windfall tax
Net metering development can 'substantially' increase rooftop solar in Mississippi
The Mississippi Public Service Payment has actually voted to embrace an upgraded set of net metering and also interconnection rules in a move that can "considerably" expand roof solar in the state.
Jul 15, 2022 // Rooftop PV, USA, Mississippi, North America, policy, net metering, legislation
Indian solar importers blocked from defering BCD settlements
Indian solar importers will no longer be permitted to postpone payment of the nation's standard customs task (BCD) following a new order from tax obligation authorities.
Jul 12, 2022 // Markets & Finance News, India, Asia, policy, BCD, import duty, bridge to india
Indiana 'taking a big step backward' by ending net metering, solar advocates state
Net meting for rooftop PV is finishing in Indiana with a policy change that doubters have actually warned will certainly make solar uneconomic for a lot of families and businesses in the US state.
Jul 5, 2022 // Markets & Finance News, Policy, USA, rooftop, North America, policy, Solar United Neighbors, Indiana, net metering, distributed generation
Mexico concurs deals with US companies for greater than 1.8 GW of solar and also wind
Mexico has protected commitments from 17 US firms that will certainly result in the development of 1,854 MW of solar and also wind, according to the office of President Andrés Manuel López Obrador.
Jun 21, 2022 // Markets & Finance News, NREL, Latin america, Mexico, North America, policy, transmission, Puerto Peñasco
Australia commits to greater 2030 emissions reduction target
Australia's new Labor government has actually increased the nation's 2030 emissions reduction target as it vowed to support the transition to renewables by purchasing transmission infrastructure and also energy storage.
Jun 16, 2022 // Plants, Markets & Finance News, Grids, Policy, Australia, AEMO, Oceania, policy, Emissions, climate targets, Anthony Albanese
Australia's new prime minister vows to make nation 'renewable energy superpower'
Australia's new head of state, Anthony Albanese, has promised to make the nation a renewables "superpower" following his Labor Party's victory in Saturday's federal election, which ousted predecessor Scott Morrison's conservative coalition.
May 23, 2022 // Plants, Markets & Finance News, Grids, Policy, ENERGY STORAGE, Australia, climate council, Oceania, rooftop solar, policy, net zero, national electricity market, grid upgrades, Anthony Albanese
Trade bodies call for 'robust' policies, international cooperation to quicken solar installs
The global solar community has actually required "robust and also fast policies" alongside improved international cooperation to increase PV deployment and also the energy transition.
May 13, 2022 // Markets & Finance News, Policy, SolarPower Europe, policy, solar targets, global solar council, deployment statistics
European trade bodies decry 'distorting' interventionist energy policy, call for accelerated renewables rollout
The heads of five major energy trade bodies in Europe have written to the European Union and also member states prompting them not to alter the present power price establishing system in light of the continent's energy crisis as well as rather pursue greater renewables rollout.
May 3, 2022 // Markets & Finance News, Policy, Europe, SolarPower Europe, policy, european commission, energy crisis, intervention
United States DOC to incorporate climate factors to consider right into policies as PV market tackles tariff probe fallout
The US Department of Commerce (DOC) has actually been routed to integrate climate considerations into its policymaking simply one month after it introduced a solar tariff investigation that market gamers have cautioned is already hampering the country's clean energy transition.
Apr 25, 2022 // Markets & Finance News, USA, SEIA, North America, policy, trade tariffs, biden administration, circumvention, AD/CVD, doc
German government raises country's solar target, goes for 215GW mounted by 2030
Germany's federal government is planning to slash red tape for new renewables projects as part of a new package of procedures that will certainly see the nation's already ambitious solar deployment targets be raised even further.
Apr 8, 2022 // Markets & Finance News, Germany, rooftop, Europe, policy, bsw, permitting, auctions and tenders, deployment target, BEE
Trade body prompts France to triple solar capacity by 2025 via 'em ergency plan'
France should take "radical and also immediate measures" to transform its power system and also rapidly accelerate solar deployment, the country's PV trade association has actually said.
Mar 17, 2022 // Markets & Finance News, France, Europe, policy, permitting, Enerplan, deployment statistics, energy crisis
Renewables growth should be leading priority for policymakers-- RWE CEO
Russia's intrusion of Ukraine implies that ensuring security of energy supply via the expansion of renewables ought to be a priority for policymakers, according to the CEO of German utility RWE.
Mar 16, 2022 // Markets & Finance News, Germany, Australia, Europe, financial results, Oceania, new south wales, policy, rwe, utility, company results, energy crisis
United States utility-scale solar enhancements to drop this year as a result of unstable prices, supply chain issues
US solar deployment got to a record high in 2021, but with unpredictable product prices and also supply chain uncertainty leading to project delays and also cancellations, utility-scale enhancements are set to get this year.
Mar 10, 2022 // Residential, Markets & Finance News, USA, SEIA, ITC, Wood Mackenzie, North America, policy, Community Solar, commercial and industrial, deployment statistics, pricing
Biden set to separate BBB however poised to prioritise clean energy parts of bill
President Joe Biden thinks he can win support for the energy and also ecological campaigns included in his Build Back Better (BBB) Act, saying he is confident of obtaining "big chunks" of the US$ 1.75 billion legislation authorized into regulation.
Jan 20, 2022 // Markets & Finance News, Policy, USA, North America, Joe Biden, investment tax credit, policy, Joe Manchin, legislation, Build Back Better