Italy opens ancillary services market to pilot renewable energy and storage projects
The project is the initial stage of an organic reform of the Italian ancillary services market, which is expected to be implemented in accordance with the European balancing code.
Moldova sets solar FIT of $0.10/kWh
A tariff of MDL 1.90 ($0.10)/kWh will be granted for the first time to a 41 kW PV system planned by local developer Opal-Succes SRL. Furthermore, the authority has granted special tariffs to three wind projects totaling 6.5 MW. The country’s new legislation on renewables came into force at the end of March.
SMA holds firm as inverter revenue leader, with Huawei topping shipment charts, says IHS Markit
Latest market data from analysts shows that Huawei shipped the most inverters last year, followed by Sungrow, while SMA, Huawei and SolarEdge pulled in the most revenue worldwide.
Malaysia releases net metering guidelines
The Sustainable Energy Development Authority (SEDA) has published guidelines for the new net metering scheme the Malaysian authorities launched in January 2016 to replace the feed-in tariff (FIT) scheme, which will close at the end of this year.
Italy issues new regulation to promote solar and renewables in non-interconnected islands
The new rules will apply to the country’s 20 minor islands that have no connection with the national grid. Solar installation will be entitled to receive a premium tariff for both injected and self-consumed power.
China installs 7.2 GW of solar in Q1
The 7.21 GW of fresh capacity that was completed in the January-March period marks an increase of just 70 MW from the first three months of 2016, according to the National Energy Administration (NEA).
EU greenlights France’s new regulation (and FIT) for residential and commercial PV
The European Commission has approved three initiatives of the French government aimed at supporting renewable energies. One of these is the new regulation for residential and commercial PV, which includes a 20-year FIT for power injected into the grid.
Kyocera’s net profit falls 4.8% to $925 million in 2017
The Japanese group’s net income attributable to shareholders fell from JPY 109,047 million ($970.9 million) to JPY 103,843 million in the 12 months to the end of March 2017, partly due to declining sales from its solar business. It did not reveal its total PV module shipments for the year.
Swedish Energy Agency pushes for more residential PV
The Swedish agency has launched an initiative to spread awareness on the advantages of PV among homeowners.
Brazilian utility CPFL launches unit for residential and commercial PV
Brazil’s third biggest electric utility company has set up Envo, a new unit offering residential and commercial PV solutions under net metering. The offer includes a financing option with Banco Santander.
