An Australian utility has increased its solar feed-in tariff (FiT) rates to ensure the benefits are not eroded by increasing wholesale electricity prices.
Saudi Arabia’s Alfanar Energy has signed a PPA with the Egyptian Electricity Transmission Company (EETC) for the development of a 50MW solar plant in Egypt, according to local reports.
China added 7.21GW of solar PV in the first quarter of the year, roughly 70MW compared to the same quarter last year, according to figures from China’s National Energy Administration (NEA).
Japan may remove feed-in tariff (FiT) support for a significant number of clean energy projects certified before July last year, because they missed a deadline to secure grid access, according to provisional estimates from the Ministry of Economy, Trade and Industry (METI).
Vietnam has confirmed a long-awaited feed-in tariff (FiT) scheme for utility-scale solar projects along with a net metering scheme for rooftop PV systems.
German alternative asset management firm Aquila Capital has completed a 38.4MW PV project in Japan and sold it to a local institutional investor for an undisclosed amount.
Egyptian renewable energy provider Infinity Solar and Germany’s ib vogt and Solizer have reached financial close on a 64.1MW solar PV plant under round one of Egypt’s Feed-in Tariff (FiT) programme.
Over and over again, at last week’s PV Expo trade show in Tokyo, PV Tech heard that those that will survive in Japan’s PV market will be the ones in it for the long haul. Andy Colthorpe spoke to industry observers and participants to get an inside look.
The prospect of Japan introducing a tender system for large-scale solar project rights from this year does not phase international companies doing PV business in Japan, who have said they are ready for the new policy.
