GET FiT Zambia is the official name for the implementation of a renewable feed in tariff (FIT) strategy in Zambia, named the Zambian Renewable Energy FiT (REFiT), and which was officially launched in October 2017 by the Ministry of Energy.
The project was developed under the Global Energy Transfer Feed in Tariff (“GET FiT”), a support scheme for renewable energy projects managed by Germany’s KfW Development Bank in partnership with the Electricity Regulatory Agency (ERA).
The GET FiT Program will fast-track a portfolio of up to 15 renewable energy projects 1 – 20 MW in size that participate in Uganda’s feed-in tariff. GET FiT is expected to leverage EUR 300 million (USD 400 million) and add roughly 125 MW of renewable generation to the nation’s grid within the next 3 – 5 years.
ERA has launched phase 2 of the Renewable Energy Feed-in Tariff Guidelines aimed at encouraging and supporting greater private sector participation in power generation from renewable energy technologies. These guidelines are meant to provide clarity and guidance to project developers and investors and key institutional stakeholders, on the key components and operational structure of the Renewable Energy Feed-in Tariff (REFIT).
Power plants that generate between 500KW and 20MW will from February be paid higher feed-in-tariffs (FiT), the Electricity Regulatory Authority has said. . .
Last week it was Turkey. No newcomer to the concept, Turkey revised their program, expanding it modestly, and added … Read more