Renewable Power Market, Policy Changes, May 2017
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May 2017 saw a number of policy changes in the global renewable power market.
In North America, in the US, Atlanta pledged 100% from renewables by 2035. Governor of Indiana Eric Holcomb signed Senate Bill (SB) 309 into law. Virginia bills obtained bipartisan support boosting renewable energy growth. US Senators Edward J. Markey and Sheldon Whitehouse and Congressman Jim Langevin put forward legislation to foster offshore wind power. Californian AB 797 bill was passed incentivizing solar energy, and the state pledged 100% from renewables by 2045.
In Asia-Pacific, Independent Pricing and Regulatory Tribunal (IPART) of New South Wales (NSW) put forward a draft benchmark range for 2017–2018 solar Feed-in Tariffs (FiT). India commenced a policy directive on solar modules’ quality.
In Europe, the European Commission (EC) consented to French schemes to offer support for renewable electricity production. France's Ministry of the Environment, Energy and the Sea set out a decree introducing new FiTs for both its residential and commercial solar photovoltaic (PV) projects. The German government set out new procedures for joint auctions for onshore wind and solar power. The Spanish Energy Ministry came up with a bidding parameter change for its next renewable energy auction.
Scope
The report covers all policy changes across the globe for renewable energy technologies in May 2017
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To gain insights on the policy changes for renewable technologies across the globe and understand its impact on the market
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