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EU approves Italy's €1.1 billion subsidy plan to include solar panels
Mar 19 , 2024
Recently, the European Union approved an Italian plan worth 1.1 billion euros that will provide direct state subsidies for the local production of equipment needed for a net-zero economy. It is reported that the 1.1 billion euro plan will support local production of solar panels, wind turbines, heat pumps, electrolysers, carbon capture, use and storage equipment, as well as manufacturers of key co...
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All new residential buildings in Europe will be equipped with solar energy on their roofs from 2030
Apr 10 , 2024
The European Parliament has formally adopted the revised Energy Performance of Buildings Directive (EPBD), which will become law upon formal approval by the Council of Ministers. The directive requires that starting from 2030, all new residential buildings in the EU must be powered by rooftop solar power. Public buildings and non-residential buildings will need to gradually deploy solar energy bas...
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Top three EU rooftop photovoltaic power generation companies: Romania, Greece and France
Apr 18 , 2024
According to a recent report by Nine'o clock, on the second anniversary of the launch of the EU's green transformation plan REPowerEU, a report shows that as the demand for rooftop solar photovoltaic power generation soars, the number of rooftop solar installations in the EU has also increased. Nuuko Power’s 150KW rooftop solar project in Romania Among them, Romania, Greece and France rank the top...
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Cameroon: Exemption from import tariffs on solar modules and wind energy equipment
Apr 25 , 2024
The African country of Cameroon will exempt solar modules from import duties and other taxes starting from January 1, 2024. The exemption also applies to drinking water, biomass and wind energy facilities for 24 months. The government has included the provision in the Finance Law 2024 to be published in December 2023, the Association of Off-grid Electrification Professionals of Cameroon (APELCA) a...
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Malaysia releases residential photovoltaic subsidy plan with maximum subsidy of US$843
May 08 , 2024
Malaysia’s Ministry of Energy Transformation and Water Transformation (PETRA) has announced an incentive program called the People’s Solar Incentive Scheme (SolaRIS) to encourage residential energy consumers to adopt solar energy. The program is open to all Malaysian citizens with Tenaga Nasional Bhd (TNB) accounts as well as citizens applying for the NEM project for the first time. The SolaRIS sc...
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Australia's Victoria state to extend rooftop solar discount scheme
May 21 , 2024
The Australian state government of Victoria said that due to the overwhelming response to the first round of its rooftop solar rebate scheme, it has now extended the application period from April 15, 2024 to May 31, 2024. It is understood that the rooftop solar scheme, announced in February 2024, is a joint initiative of the federal and Victorian governments. The scheme will provide successful app...
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Philippines: 2GW of new photovoltaic capacity is expected in 2024
Jun 05 , 2024
Recently, according to data from the Philippine Department of Energy, the Philippines will launch nearly 2GW of solar power generation capacity in 2024. The country's Department of Energy expects that 1.98GW of solar power generation capacity will be connected to the grid this year, which is part of 4.2GW of renewable energy projects. The department said that by June, the Philippines may launch 96...
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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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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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