Policy

A tender for a 200MW BOO (build-own-operate) PV plant project in Egypt has had its deadline extended by six months, in a move that the Middle East Solar Industries Association (MESIA) has said was “widely expected”.

Brazilian public bank Banco do Nordeste (Northeast Bank) has created a credit line to allow companies to install solar Pv and other renewable sources of energy in the mini (75kW-5MW) and micro-generation (>100KW) segment.

Pakistan’s National Electric Power Regulatory Authority (NEPRA) has published proposed revisions to its feed-in tariffs (FiTs) for solar energy projects of between 1-100MW capacity.

An Australian transition to 50% renewables by 2030 would create 28,000 jobs, according to a report from Ernst & Young (EY) and the Climate Council.

India’s Ministry of New and Renewable Energy (MNRE) has released a draft national Wind-Solar Hybrid Policy targeting 10GW by 2022.

Zambia set a new benchmark for low-cost solar power in Africa on Monday with a competitive auction under the ‘Scaling Solar’ programme, which saw winning bids as low as 6.02 cents/kWh.

UK-based solar investment fund NextEnergy Capital (NEC) is to invest more than €150 million (US$210 million) in the Italian solar market after receiving backing from the UK subsidiary of insurance and investment giant Prudential.

France has announced the winners of the solar and storage tender launched in 2015 on Corsica and others of its overseas island territories.

The Saudi Electric Company (SEC) has opened a 100MW solar tender.

The US and India partnered on new renewable energy initiatives totalling a US$1 billion during prime minister Modi’s visit to the White House on Tuesday.