Costa Rica defines PV feed-in tariff
After passing new regulations on self-consumption last month, Costa Rican authorities have now defined the rate at which PV users can sell excess electricity. The rates will also apply for independent power plants of up to 20 MW.
Algeria launches feed-in tariff
The new tariff will be valid for 20 years and available for ground-mounted solar parks of more than 1 MW. The FIT will be paid only for a limited number of hours per year.
Hanergy considers module fab in Ivory Coast
The Chinese group’s CEO, Li Hejun, met with Ivory Coast President Alassane Outtara to discuss a $500 million solar project.
Brazil launches first solar auction with price ceiling of $109
The state of Pernambuco has set a price ceiling of $109 per megawatt hour for Brazils first auction aimed exclusively at solar energy projects scheduled to take place on December 20.
Energy auction in Brazil rescheduled to November
Brazilian government has rescheduled to November 18 the renewable energy auction A-3, in which solar energy will participate for the first time. The previous date was October 25.
Spain abolishes FITs entirely
The country’s new scheme will guarantee only a ‘reasonable profitability’ for renewable energy plants and that figure will be based on what the government says developers should have paid rather than their actual level of investment.
Another cut to Spanish FIT payments
Spanish government announces its fifth cut to FIT payments but sugars the pill by guaranteeing renewables investors will be assured ‘reasonable profitability’ of 7.5% on schemes.
Chile receives US$50 million funding for PV projects
Chile’s Ministry of Energy has received US$50 million of international funding for photovoltaic projects. The government hopes it will help boost the number of grid-connected installations in the South American country.
Chile: Solar project activity increases; renewables account for 5.25% of energy mix
The latest statistics show that 68.3 MW worth of solar projects are currently under construction in Chile, compared to just 3.3 MW in February. Meanwhile, renewables accounted for 5.25% of the countrys energy mix in Q1.
Panama aims to support solar energy
The Central American country is gearing up to approve a regulation, which aims to support solar energy installations.
