With Chinese solar manufacturer JinkoSolar today predicting a 20% rise in solar capacity additions worldwide next year, two of its peers are already cashing in on the solar boom under way outside the world’s biggest PV market.
GCL has announced it will complete a 150 MW panel supply deal this year for the 500 MW Nuñez de Balboa project in Spain – Europe’s largest PV project to date.
The 1,000ha, 1.5 million panel project is being developed in the Extremadura region of western Spain by domestic electricity company Iberdrola.
GCL secured the contract in March and is supplying multicrystalline 72-cell modules to the facility.
Chinese-Canadian solar manufacturer and project developer Canadian Solar was also celebrating after announcing it had secured two project wins in Brazil which add up to a 190.5 MW slice of the 530 MW of solar generation capacity awarded in the latest, 2,979 MW federal energy auction.
Canadian will develop the 152.4 MW Gameleira project in the state of Ceará and the 38.1 MW Luiz Gonzaga plant in Pernambuco.
Under the terms of the national tender, 30% of the electricity generated by the plants will be sold to distribution companies for $22.32/MWh for 20 years. The remainder of the power will be sold to private off-takers with prices still under negotiation.
Announcing the projects to investors, Canadian Solar said construction will start in the third quarter of 2021 for the larger project and in the first three months of 2022 for Luiz Gonzaga with completion expected by January 2023.
The Ontario-headquartered company has thus far secured 1.6 GW of solar project capacity in Brazil.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.