Cyprus introduces net metering for residential PV systems
The Cypriot Energy Regulatory Authority (CERA) announced a number of steps on Friday, aimed at facilitating development of PV in Cyprus. Among them is the large-scale application of net metering.
France: 120 MW of medium sized rooftop installations by 2015
France announced it will tender 120 MW of medium sized rooftop PV installations by 2015. The installations concern non-residential buildings with a roof surface ranging from 700 to 2000 sqm. Each project can have an installed capacity of between 100 and 250 kW.
Pakistan and CK Solar Korea to develop 300 MW park
The government of the Balochistan province in Pakistan and CK Solar Korea have signed a memorandum of understanding to develop a 300 MW PV solar park near Quetta, Balochistan’s largest city.
Greece: 234 MW of new PV capacity in February; renewable energy reform announced
According to the latest figures, Greece added 234 MW of PV capacity in February. Meanwhile, a joint declaration of intent has been signed between Greece, Germany and the EU aimed at reforming the countrys renewable energy industry.
Uganda drops PV FIT program
Without announcement, Uganda has dropped its PV FIT program. Although other forms of renewable energy are still eligible for support, prices for PV power are said to have fallen enough worldwide to merit the removal of tariffs in the country. Tenders are now being considered.
Financial breakthroughs propel solar from alternative energy to mainstream industry
New financial models are expected to help propel solar from being an “alternative energy” to a mainstream industry, states U.S.-based Clean Edge. It adds that PV revenues are forecast to grow to $123.6 billion by 2022. Meanwhile, solar energy will continue to expand as a major economic force, with an increasing focus on the technology’s deployment.
France announces 400 MW tender for large PV plants
The French Ministry of Energy, Ecology and Sustainable Development has announced a tender for 400 MW of PV plants 250 kW and larger.
Up to half of RES investment could come from institutional investors
A new study by the Climate Policy Initiative (CPI) finds that institutional investors could supply between a quarter to a half of the investment needed to fund renewable energy system (RES) projects through to 2035. Barriers including public policies and investment practices, exist, however.
Malaysia introduces new PV FIT degression rates
The Malaysian Ministry of Energy, Green Technology and Water has announced new degression rates for photovoltaic technology under the Malaysian FIT mechanism. Further changes to the FIT system have also been announced.
Greece adds 300 MW of PV capacity in January
According to the latest figures, 300 MW of newly installed photovoltaic capacity was added to Greeces grid in January. Meanwhile, new forecasts estimate 2.58 GW and 2.82 GW of cumulative capacity at the end of 2013 and 2014, respectively.
