Chile’s auction concludes with average price of $32.5/MWh

The Chilean government has allocated approximately 600 MW of renewable energy capacity in the auction.


Quebec-based pension fund La Caisse keeps investing in solar

After providing Canadian rooftop solar specialist Potentia Renewables with $83 million in May, Canada’s second-largest public pension fund has now agreed to finance U.S. solar installer Sunrun with $40 million.

Dutch pension fund ABP invests €330 million in three U.S. projects

The three projects are located in California and Nevada, and are owned by Capital Dynamics.

Italy installed 323 MW of solar in first nine months of 2017

The Italian solar market has grown by 13% so far this year and by 6% in the third quarter. New additions for September reached 32.2 MW.

EDF partners with Elsewedy Electric on 100 MW of solar in Egypt

The renewable energy arm of the French utility and the Egyptian manufacturing company will build the PV facility at the Benban solar company.


Chile: Lowest bid in electric auction reaches $21.48/MWh

The bid was submitted by Enel Generación Chile, a subsidiary of Italian energy giant Enel. The second lowest bid was presented by GPG Solar Chile, a unit of Spanish company Gas Natural Fenosa. At the auction, 2,200 GWh will be allocated, successful bids will be publicly announced on November 3rd.


Solar may reach 6 GW in the Netherlands by 2020, report says

The Dutch research institute ECN also believes that 20 GW of installed PV capacity could already be reached by 2035.

Enel wins Ethiopia’s 100 MW solar tender

The tender process was launched by Ethiopian power utility EPP in May 2016. The solar plant will be built in Metehara, around 200 km east of Addis Ababa.

Albania: ten more PV projects up to 2 MW apply for regulated tariff of €100/MWh

In addition to ten project proposals for solar parks not exceeding 2 MW, the Albanian Ministry of Energy and Industry has also accepted an application for a 5 MW PV facility.


Banco do Nordeste finances 482 MW of solar projects in Brazil

The Brazilian bank has agreed to finance three PV projects totaling 350 MW of the Italian energy giant Enel, and a 132 MW project under development by Norwegian companies Scatec Solar and a Statoil.

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