Policy

The UK's Chancellor of the Exchequer, George Osborne, announced the coalition government's Comprehensive Spending review, revealing that there will be no immediate cuts to the country's solar feed-in tariff, according to PV-Tech's UK sister site, Solar Power Portal.

According to the new Conto Energia III, Italy will reduce its funding for solar electricity in three phases starting from 2011. The cuts, which were first provisionally announced back in July, come in line with the current market conditions, which are forcing countries all over Europe to follow suit. However, despite these changes, EuPD Research remains positive that the Conto Energia III still offers a high degree of investment security.

The California Public Utilities Commission (CPUC) has issued a proposed decision to launch a new renewable incentive program with the aim of driving the uptake of mid-sized renewable energy development. This next-generation feed-in tariff program will require investor-owned California utilities to purchase electricity from renewable energy systems between one and 20MW in size.

An announcement by Sharp Solar outlining the potential boom in the Turkish PV market has referred to the country’s government’s recent introduction of a €0.28 feed-in tariff for the first 10 years, with a rate of €0.22 thereafter for another 10-year period. Turkey receives an average of seven hours of sunshine per day, with a radiation intensity of 1,300 kilowatt-hours per square metre.

The UK feed-in tariff rates have now been finalized, offering its residents a financial incentive for producing renewable energy. The government has confirmed the proposed rate, which will begin to take effect from April 1, 2010.

After a fair amount of digging and the much needed help of our German correspondent we can now confirm that the reports of a 16-17% cut in feed-in tariff rate for Germany were true, and the cuts are to go ahead from April 1, 2010. Click here to see the analyst's thoughts on these cuts.

Earlier this month, the two main bodies in the Italian renewable energy world, Gruppo Imprese Fotovoltaiche Italiane (GIFI), the Italian Photovoltaic Association, and Federazione Nazionale Imprese Elettrotecniche ed Elettroniche (ANIE), proposed a new set of Feed in Tariffs (FiT) for Italy, which are planned for 2011, according to a Barclays Solar report.