New South Wales sets higher benchmark range for FIT
The Australian state’s Independent Pricing and Regulatory Tribunal (IPART) has drafted recommendations for voluntary solar feed-in tariffs (FITs) for 2017-18. It has proposed a benchmark range of AU$0.116 to AU$0.146/kWh, from AU$0.055 to AU$0.072/kWh in the preceding 12-month period.
BECE posts $68 million net profit in 2016
The Hong Kong-listed renewables developer recorded a net profit of HK$529.2 million ($68.03 million) in the 12 months to the end of December, from a profit attributable to shareholders of about HK$38.5 million in 2015. Basic earnings per share for the year were HK$0.14.
German government approves draft regulation for tenants’ solar power supply
The new regulation will likely to come into force by the end of this year. The German solar association BSW has welcomed the government’s decision, although it has asked for improvements.
India to add 10 GW of solar this year, forecasts Mercom Capital
A record 12 months in store for the Indian solar market say the analysts, who expect a 130% increase in annual installations compared to 2016.
SNEC 2017: news roundup
This year’s busy SNEC exhibition delivered its usual steady stream of news, new products and market insight. pv magazine rounds up the main stories and trends from the three-day event.
SNEC: JA Solar launches residential bundle for China rooftop market
The bundle includes a new JA Solar inverter as the Tier-1 solar firm pursues larger market share of China’s distributed generation sector. Growatt also bullish on rooftop potential in China.
Slovenia launches solar rebate scheme
The Slovenian government has earmarked €3 million to finance solar rebates in 2017. The funds will cover 20% of the costs for buying and installing a PV system under net metering.
BREAKING: Sungevity bankruptcy ends with court-approved $50 million sale
A Delaware bankruptcy judge yesterday approved the sale of the bankrupt residential solar installer to private equity firm Northern Pacific Group.
GTM Research: global solar market to see 9% growth in 2017
Increasing demand for solar power in China has prompted analysts to boost their 2017 estimates, forecasting an increase of more than 9% this year, with the annual global market reaching 85 GW.
India’s cumulative solar capacity tops 12 GW, says energy minister
Over the last fiscal year, India added 5,525 MW of new solar to push its cumulative capacity past 12 GW and affirm its status as one of the world’s leading solar powers.
