Vietnam finally unveils new FITs for large-scale, rooftop, floating PV
Hanoi has set new feed-in tariff rates for utility-scale, rooftop and floating PV projects, ending a long period of policy uncertainty. The government has announced the new rates, which are broadly in line with industry expectations, roughly 10 months after the expiration of its old tariffs.
Coronavirus: An ill wind for corporate PPAs?
The unforeseen arrival of COVID-19 has brought many negotiations for corporate power purchase agreements to an abrupt halt in Europe, but this may not be all bad news for the sector write Daniel Marhewka, Lis Blunsdon and David Haverbeke, energy specialists at European law firm, Fieldfisher.
Sunrun withdraws 2020 residential solar guidance, lays off 100 employees
Sunrun laid off about 100 employees last week, according to Business Insider, which reported that furloughed staff will continue to receive benefits for three months.
Covid-19 daily bulletin: Indian installations to be delayed by outbreak
pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.
Indian government asks utilities to maintain payments to power producers
The clarification came after states across the country reacted to the power ministry’s recent call for a moratorium on conventional power payments by stopping payments and curtailing renewable power.
Greece wraps up PV tender with record-breaking €0.04911/kWh tariff
Greece held its last round of renewable energy tenders in Athens on Thursday, resulting in the lowest tariff ever awarded to a renewable energy project in the country.
Tesvolt starts commercial storage system production at gigafactory despite Covid-19
The German manufacturer has started to produce its first commercial storage systems at its new plant under strict safety precautions due to the ongoing Covid-19 pandemic. The facility’s current annual capacity is set at 255 MWh, but the company aims to eventually expand that to 1 GWh.
Shunfeng posts $265.2m loss in 2019
The Chinese group’s loss widened significantly from the preceding 12-month period, despite posting a 5.4% year-on-year jump in revenue to RMB1.7 billion ($242.2 million).
Covid-19 daily bulletin: Meyer Burger reduces working hours for staff
The Swiss equipment supplier already needed to shore up its bottom line and is now taking measures to help combat the spread of an epidemic which has also claimed November’s planned climate summit in Glasgow and an estimated 19% of this year’s demand for energy storage.
France awards 960 MW of solar through different tenders
Minister of the Ecological and Inclusive Transition Elisabeth Borne told a teleconference of renewables representatives the results of a recent slew of clean energy tenders which allocated 1.7 GW of generation capacity and also revealed new measures being taken to support the industry.
