The net metering scheme, which is open to rooftop solar PV projects not exceeding 30 kW in size, was introduced by the Ukrainian government in 2015.
The fund is expected to make equity capital investments in the range of €10 million to €25 million, mostly in the Netherlands and Northwest Europe.
U.K.-based water company, Northumbrian Water has entered into a partnership with Lightsource BP for the development of 10 new solar farms at its sites, which are expected to generate 10 GWh of clean electricity each year to help power its operations.
Greece’s tender-based policy scheme for the support of renewable energies is maturing. After running a pilot tender in 2016, the country will tender 300 MW of solar PV power and 300 MW of wind power projects on July 2.
The goal of the project, RE 8760 is to show how the storage of renewable energies can make them usable all year round. The generated solar power is stored and converted into hydrogen. It can also be conserved over long periods and used to recharge fuel cell vehicles during the dark winter months.
Eon announced that, for the first time, more than 10 billion kWh of solar power were generated in Germany between January and April. Bruno Burger of Energy Charts has also determined that the last week of April was the best week for renewable energies in the current year, with a share of 53.2% in electricity generation across the country’s grid.
The Canadian solar developer has signed an agreement with local power utility, Uzbekenergo for several large-scale PV projects, which would span several regions in Uzbekistan. Overall, around US$1.3 billion is expected to be invested in this plan.
The German car maker entered the solar PV home storage business in mid-2016. In the future, its parent company, Daimler will align the stationary storage segment with its grid business.
New solar PV installations for March totaled around 156.5 MW, which is slightly less than in the previous two months. FITs will remain at current levels for the three-month period between May and July.
Through the transaction, the French industrial equipment manufacturer aims to strengthen its R&D capabilities, as well as its position in the power electronics market. In the first quarter, its solar-related business grew by around 50%.
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