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Bangladesh introduces new policy on renewable energy (including photovoltaic)
Nov 19 , 2024
It is reported that the Bangladeshi government has introduced a new energy policy, under which renewable energy projects (including photovoltaic projects) can enjoy tax exemption support for 10 years. Renewable energy projects will be given 100% tax exemption in the first five years, 50% in the next three years, and 25% in the next two years. The new policy will take effect on July 1, 2025. The no...
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Vietnam will introduce policies to encourage rooftop solar power generation
Oct 17 , 2024
Vietnam's "Government Electronics" recently reported that Vietnamese Prime Minister Pham Minh Chinh chaired a government executive meeting to review the draft government decree on encouraging self-production and self-use of rooftop solar power generation systems. After listening to the report of the Ministry of Industry and Trade and the opinions of the participating representatives, Prime Ministe...
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Pakistan's electricity bills soar solar panel installation surges
Sep 27 , 2024
Recently, many solar panels have appeared on the roofs of residents in many cities in Pakistan.It is understood that an important reason why Pakistani residents choose solar energy is that the country's electricity bills have risen sharply. In 2024, the average monthly electricity bill for Pakistani households will be $350, compared with $100 a year ago. In addition, power outages often occur duri...
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Italy added 3.34GW of photovoltaic capacity in the first half of 2024
Sep 09 , 2024
Recently, the Italian industry association ItaliaSolare reported that Italy's new photovoltaic installed capacity reached 3.34GW in the first half of 2024. In the same period of 2023, the state installed about 2.3GW of photovoltaics, achieving a full-year growth of 5.23GW. As of the end of June, Italy's cumulative photovoltaic installed capacity reached 33.62GW. 29% (985MW) of the newly installed ...
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Thailand encourages installation of rooftop solar panels to save energy
Aug 23 , 2024
Recently, the Department of Alternative Energy Development of Thailand stated that the government will guide 800 state-owned institutions across the country to save at least 20% of energy, and the Metropolitan Electricity Authority (MEA) and the Provincial Electricity Authority (PEA) will provide energy service solutions through their ESCO companies. ESCO will invest in installing energy-saving eq...
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2024 Paris Olympics: Green energy leads the new era of Olympics
Aug 02 , 2024
Under the bright light of the Paris Olympics, a striking focus of discussion has quietly emerged around the world - the "greenest" Olympic era. The Paris Olympic Organizing Committee said that they would hold a breathtaking event while working hard to reduce the consumption of materials and energy to create the "greenest Olympics". Photovoltaic, as the most cost-effective and scene-adaptive clean ...
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United States: Ground-based solar installed capacity reaches more than 100GW
Jul 19 , 2024
Recently, the American Clean Energy Association (ACP) released the "2024 First Quarter Clean Energy Quarterly Market Report", which shows that the total installed capacity of utility-scale solar, wind and energy storage industries in the United States in the first quarter reached 5.585GW, a year-on-year increase of 28%. Among them, the new solar installed capacity reached 4.557GW, making the cumul...
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Austria: Achieving target of installing 41GW of photovoltaic systems by 2040
Jul 05 , 2024
A recent study by the Austrian Federal Photovoltaic Association (PV Austria) highlights the importance of photovoltaic power generation in the country's economy. The report points out that Austria added about 134,000 photovoltaic systems in 2023, with a total installed capacity of 2.6GW. By the end of 2023, Austria had installed a total of about 390,000 photovoltaic systems with an installed capac...
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Turkey receives $1 billion loan from World Bank for renewable energy business
Jun 28 , 2024
According to TaiyangNews, the World Bank has agreed to provide Turkey with a $1 billion loan to help the country expand the use of renewable energy, especially distributed solar energy and battery storage. It is reported that the $1 billion fund includes a loan of approximately 600 million euros (US$657 million) from the International Bank for Reconstruction and Development, US$30 million from the...
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