Solar Tariffs News

While some of the industry insiders at REI 2019 have made predictable calls to scrap restrictions imposed by regulators, others have continued to maintain that policy support is crucial, while audience members voiced concerns about India’s lack of recycling rules.

The energy regulator has set a 15-year payment of $0.10/kWh for PV projects with a generation capacity of 10 kW-1 MW. The first auctions for large renewables projects are planned for early next year and will grant a fixed rate rather than a variable premium.

Progress with solar projects worldwide have helped push ReneSola back onto the profitability path, with a cash boost "tentatively" secured from its top shareholder as short-term borrowings continue to pile.

With India’s power minister hinting that a new renewable energy tariff policy could be in the works, the federal agency responsible for solar has started boasting about the volume of clean power it has in the pipeline.

Record-low tariffs seen in government auctions this month in Malaysia will not dent the country’s solar growth, according to analysts at Fitch Solutions.

The exercise will be open to PV projects ranging in size from 200 kW to 5 MW.

Brazil has unveiled the tariff ceilings solar players will face as they compete for the first time in the so-called new generation tender, opening up a new avenue of government support.

Brazil’s biggest lender has launched three tenders to select solar facilities to supply it with power through leasing. The central bank expects to buy around 4 GWh of electricity per year for the Federal District and another 2 GWh in the states of Goiás and Pará.

Subsidies are not the answer for Italy to revive its solar industry from the deadlock brought about by the scrapping of feed-in tariffs (FiT), operators have warned at an industry event.

Solar players have offered tariffs around the US$40/MWh mark as they competed at Malaysia’s latest industry tender, in figures emerging as the country prepares to select the winners.

Demand for systems with a generation capacity of up to 750 kW is driving the market. The 52 GW capacity cap for solar under the national FIT scheme is approaching. In September, feed-in tariffs and market premiums will fall a further 1.4%.

Solar winners of the first Brazilian A-6 auction ever to admit PV bids will be offered 20-year supply deals with the government, newly-released official documents show.

The Norwegian developer has opened plants in Ukraine and Egypt. Scatec Solar recently announced it managed to triple energy production in the last year.

The country is steadily expanding solar generation capacity as it aims for 5 GW by 2022, helped by an influx of foreign investment from China’s Belt & Road infrastructure program and World Bank capital.

While based in Munich in Germany’s south, renewable asset management software provider 3megawatt’s first major clients were in the United States. However, as the European markets have transitioned beyond feed-in tariffs to the complexity of subsidy-free solar and wind arrays, the understanding of the need for asset management tools is rapidly increasing, says 3megawatt founder and CEO Edmee Kelsey.