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Czech federal government strategies retroactive cuts for PV motivations, once more
According to the Czech Solar Association, the action versus solar will likely activate defaults for hundreds of PV projects. The Czech federal government likewise intends to develop even more nuclear reactor as well as has actually pledged to prolong the life-span of its coal-fired plants.
May 25, 2020 // Markets & Finance News, Policy, Europe, Czechia, Martin Sedlak
Mexican federal government stops grid link of brand-new solar as well as wind projects
The relocation has actually been generated by the National Energy Control Center which declares it is essential to guard power safety throughout the Covid-19 public health dilemma. Doubters claim the authorities are making use of the pandemic as a reason to prolong a pattern of activity versus the renewables sector.
May 6, 2020 // Markets & Finance News, Policy, Mexica, covid-19
Australian federal government minimizes support for solar, wind
The Australian government has announced new lasting financing and an increased remit for the Australian Renewable Energy Agency past 2022. The financing bundle, which looks a lot more like a cut than anything else, pushes financial investment away from solar and wind toward innovations like carbon capture and storage.
Sep 18, 2020 // Markets & Finance News, Australia, Oceania, Darren Miller, Kane Thornton, Alan Finkel, Australia Institute, Mark Butler
The Queensland government has extended financial support for the development of 2.3 GW of large-scale renewable energy projects.
The Queensland government has announced an allocation of AUD 500 million (USD 330.4m/EUR 309.3m) to CleanCo, the state's publicly-owned clean energy corporation. The funds will be utilized for the development of new wind and solar power projects, which will contribute up to 2.3 GW of power.
Jun 12, 2023 // Markets & Finance News, queensland
Naturgy purchases 125-MW solar-BESS hybrid project in W Australia
Spanish electrical and also gas utility Naturgy Energy Group SA (BME: NTGY) has actually acquired a ready-to-build project for a 125-MW solar PV farm hybridised with a battery energy storage system (BESS) of approximately 220 MWh in Cunderdin, Western Australia.
Sep 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Australia, Oceania, Naturgy, hybrid project
Australian Capital Territory federal government 'spends' in 250MW battery project
The state government of the Australian Capital Territory (ACT) will certainly pledge financing towards a battery energy storage system (BESS) rollout in its 2022-2023 budget plan to be revealed 2 August.
Jul 26, 2022 // Storage, Australia, Oceania, academic studies
Italian government opposes large-scale PV growth in historic Tuscia area
The Italian closet has actually accepted a demand from the Ministry of Cultural Heritage and also Activities to terminate approvals provided by the Lazio regional federal government for 2 large-scale PV projects. Lazio's Tuscia location is a potential solar hub for the Italian power system.
Jun 12, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Europe, large-scale pv
Biden indications executive order to make US federal government carbon neutral by 2050
United States Head Of State Joe Biden has signed an exec order that requires the United States federal government 'lead by example' and leverage its buying power to accomplish carbon neutrality by 2050.
Dec 13, 2021 // Policy, USA, solar-plus-storage, North America, biden
French federal government thinks about cutting pre-2011 FITs
Financial paper Les Echos declares the government is mulling a renegotiation of historical feed-in contracts after the Court of Auditors in 2018 ruled the motivations also charitable.
Sep 17, 2020 // Plants, Large-Scale, Commercial, Residential, Markets & Finance News, Policy, France, Europe, Xavier Daval, Les Echos, Arnaud Gossement, KilowattSol
Australian federal government promotes PV when faced with COVID-19 hazard
The federal government's 'financial feedback to the coronavirus' regulations incorporates the installment of commercial and also business solar.
Mar 23, 2020 // Commercial, Markets & Finance News, Australia, Oceania, Scott Morrison, Coronavirus, covid-19
Six developers bag 1.85GW in Indian government solar auctions
The state-run Solar Energy Corporation of India (SECI) has revealed the results of two major utility-scale auctions held in June that saw six companies win 1.85GW of capacity.
Sep 17, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Solar Energy Corporation of India, auctions, utility-scale, Rajasthan, tenders, ntpc corporation, mahindra susten
Australian state releases itself from government irons to open even more grid capability
The federal government of Victoria has actually made a decision to damage from nationwide electrical energy guidelines as well as present regulation to fast-track concern projects such as grid range batteries as well as transmission upgrades, as well as include even more big range solar as well as wind. The revealed reforms have actually motivated a flurry of response.
Feb 21, 2020 // Policy, Australia, Oceania, Kane Thornton, Lily D'Ambrosio, Sarah McNamara, Andrew Richards
Portugal's new government brings forward 80% renewables target to 2026
Portugal will certainly aim to raise the share of renewables in electricity manufacturing to 80% by 2026, four years previously than previously prepared, its brand-new government introduced ahead of the nation's most recent solar public auction.
Apr 4, 2022 // Markets & Finance News, Portugal, Europe, auction, Floating solar, auctions and tenders, joao galamba
Ukraine federal government provides retroactive FIT cuts and new auction policies to parliament
The Ukrainian government's meeting room have been stuffier than common recently, as policymakers and renewable resource industry reps attempted to thrash out a compromise to reduce the economic burden left on the management by a feed-in tariff incentive routine which drove almost 2 GW of generation capability. The resulting cuts to settlements, detailed listed below by Ukraine-based lawyer Svitlana Teush, have at the very least had input from both sides.
Jun 17, 2020 // Markets & Finance News, Policy, Ukraine, Svitlana Teush, Europe, FIT cuts
New England big battery granted $12.5 million state federal government grant
The 50 MWh battery will be colocated with phase 1 of the UPC/AC Renewables' 720 MW New England Solar Farm.
Aug 13, 2020 // Markets & Finance News, Storage, Australia, Oceania, new south wales, Adam Marshall, Killian Wentrup