The tax on solar self-consumption in the Balearic Islands of Spain has been doubled by a ministerial order, causing uproar from Spain’s PV industry association UNEF.
The India government and the US Government’s development finance institution, the Overseas Private Investment Corporation (OPIC), have launched a US$20 million finance initiative to fund renewable energy projects in India.
Renewable energy company Welink has announced a joint venture with Your Housing Group – claimed to be valued at £2.5 billion – which could see the development of 25,000 solar-powered homes using BIPV in the UK each year by 2022.
Driven by steep cost declines in PV equipment, solar is now almost on a par with wind energy and will soon become the cheapest form of energy in developing nations, according to the Climatescope 2016 report from Bloomberg New Energy Finance (BNEF).
To help reach its ambitious 100% by 2045 renewables target, the Hawaiian Electric Companies (HECO) has issued a request for information (RFI) about land that could be available for future clean energy projects.
More than 16,000 Indian households across 800 remote villages will be given a solar panel, with an eight-hour battery storage backup, according to the Indian minister for power, coal, new and renewable energy and mines, Piyush Goyal.
The International Finance Corporation (IFC) and FMO, the Dutch development bank have invested a collective €14.62 million (US$15.52 million) in Mobisol, a German pay-as-you-go (PAYG) solar service company, in order to deliver renewable energy solutions to off-grid communities in East Africa.
In an unprecedented move, the Indonesian Ministry of Energy and Mineral Resources has pushed through a rural electrification regulation. Andre Susanto, senior vice president and founder, PT Inovasi Dinamika Pratama, discusses how this regulation provides an opportunity for the private sector to engage in electrifying Indonesia's 12,000 villages currently without any access to electricity.
Major global food company Nestle Group has agreed to have a rooftop solar system installed at one of its facilities in China by Goldman Sachs-backed rooftop PV specialist Asia Clean Capital (ACC).
Two companies are constructing a 1MW solar PV plant in Thailand using various combinations of technologies in order to set up a learning centre and advisory board to help solar developers across the Southeast Asia region.
