The Victorian government in Australia has confirmed plans to give a AU$ 0.30/kWh (US$0.23) payment to residential solar system owners that supply electricity to the grid during peak hours.
Spain’s new minority government is set to herald a new wave of gigawatt-scale renewable tenders and its lack of majority may even lead to the lifting of a controversial ‘Sun Tax’ on solar self-consumption.
The participation of venture capital (VC) investors seems to have cooled, while project funding has conversely seen a sharp rise, in the latest quarterly report into funding and mergers and acquisitions from Mercom Capital.
India’s green bond market took off this year becoming the seventh largest labelled green bond issuer with US$2.7 billion issued as of 12 October, according to the Climate Bonds Initiative (CBI).
Solar PV has a strong role to play in the Philippines where energy demand continues to grow and the power mix remains expensive. While significant utility-scale solar deployments peaked ahead of a deadline to qualify for the Feed-in-Tariff in March this year, a new subsidy quota is on the horizon. PV Tech caught up with Pete Maniego, senior policy adviser of the Institute for Climate & Sustainable Cities and of Counsel of Dime & Eviota Law, to gather his insights on solar subsidies and how PV can compete with fossil fuels in the Southeast Asian country.
The distribution companies (Discoms) of Rajasthan, which were the highest loss-making in all of India, could be the first to turn around a profit in 2017, according Piyush Goyal, minister of power, coal, new and renewable energy and mines.