Germany to cut solar incentives by July
BERLIN, GERMANY - The German government will cut incentives for solar power by 16 percent from July 1, a parliamentary source told Reuters.
The cuts in the feed-in tariff will apply for rooftop photovoltaic systems as well as those built on conversion sites such as dumps and former army bases.
But converted farmland fields will no longer be eligible for any incentives at all from July 1, the source said.
The measure still has to pass cabinet and the parliament. The feed-in tariff was already cut by 9 percent in January.
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Australia to head huge electricity and internet project in PNG
SIDNEY - Australia will lead a new multi-billion-dollar electricity and internet rollout in Papua New Guinea.
The Australian newspaper reported New Zealand the US, Japan and South Korea are supporting the project, which will be PNG's largest ever development investment.
The project will deliver internet to 70 percent of PNG and improve access to power.
Both China and the US are also expected to announce new investments in the region at the APEC summit this week.
Beijing will announce new mining and energy investments in PNG, and two Confucius Insitutes to be housed at PNG universities.
