Green energy reps tell PV Tech they fear country may ‘lose trust’ of investors after announcing plans for cuts of up to 25%. Will the move derail the momentum of one of Europe’s PV markets-to-watch?
Country could avoid costs and grid chaos if it learns from Germany and Vietnam's FiT lessons and opts instead for competitive auctions, says new IEEFA report.
Country told competitive bidding could take PV market to ‘tens of gigawatts’ within 10 years, turning the page from grid chaos driven by feed-in tariffs last year.
Industry members tell PV Tech of rising costs, a FIT reduction fall out, cutting power and utilities 'aggressively' entering the market.
ADB will support plans by Southeast Asian state to auction 350-400MW pipeline of two projects this year and next, in a bid to drive competition after a subsidy rush congested the grid.
Operators tell PV Tech of large-scale growth expectations for next year regardless of minor subsidy drop for large-scale and residential PV, proposed in latest government draft.
Vietnam’s second solar FiT could be cut short in favour of an auction model after Nguyen Xuan Phuc issued an order highlighting MOIT's shortcomings in handling the roll-out of solar power.
Country facing multi-billion-euro court bill over subsidy u-turn offers investors stable remuneration until 2031 if they call off ongoing lawsuits.
Warsaw sets early December dates for 2.5GW (>1MW projects) and 750MW (<1MW) renewable tenders, with industry expecting solar to dominate latter auction as was the case last year.
Clean energy body UARE slams government’s ‘threat to retroactively review’ investment guarantees as top energy group DTEK switches on 240MW PV plant in Dnipropetrovsk region.
Eurocham executive tells PV Tech that grid congestion troubles are not going away and new FiT proposals may exacerbate problem.
Fitch Solutions: Utility-scale growth favoured by competitive bidding will see provinces including Gansu and Xinjiang regain top role they lost to coastal areas in 2016-2018 period.
Developers dump Vietnam bankability fears, bringing more than 4GW online ahead of FiT deadline.
Retroactive scrapping of feed-in tariffs in the early 2010s lands Madrid in major defeat against developer NextEra, which sought arbitration over project losses.
Country fails to dismiss case brought by bankrupt developer over losses from FiT changes, joins Spain among EU states risking multi-million payouts for policy u-turns.