The French energy giant is offering to acquire Innogy, the renewable energy unit of German power provider RWE. Innogy acquired German developer Belectric and its huge solar power plant portfolio in January.
The French developer has secured a 25-year PPA for Zambia’s largest PV plant. The project, which was selected in an auction held by the World Bank in 2014, will sell power to local utility ZESCO at US$0.0602 per KWh.
The Italian PV market maintains its path of stable growth in January with approximately 25.7 MW in new systems. Meanwhile, the local government agency GSE has published new rules for the revamping and repowering of existing installations. The Italian renewable energy sector believes that the new rules will create new business opportunities for both solar manufacturers and developers.
The Polish solar market has seen its largest growth in 2016 with approximately 94 MW in new installations. The country’s cumulative installed PV power had reached 192 MW at the end of December. A more stable regulatory framework is giving investors more confidence.
The Italian solar company has secured an engineering contract to build two PV plants totaling 50 MW in the United States. Furthermore, Enertronica has set up a new subsidiary in Delaware.
The South-African investment company has acquired a 51% stake in solar EPC contractor Terra Firma Solutions. The company provides EPC services for rooftop solar projects in sub-Saharan Africa
The Algerian government is set to launch a tender for the construction of large-scale PV projects totaling 4 GW. The tender will be held in three 1,350 MW phases and will select projects with an average capacity of 100 MW.
The Dutch market keeps showing signs of sustained growth. Estimated new installed PV power for 2016 is expected to surpass 500 MW, while another 600 MW is forecast for this year. Several PV projects developed under the SDE+ program for large-scale renewable energy projects began to come online in the past months.
The small eastern European country has been adding around 10 MW of new PV systems each year over the past four years. A net-metering scheme introduced in 2015 is expected to increase demand for residential installations.
Dutch government agencies Rijkswaterstaat and ProRail are making land and water surfaces available for the installation of ground-mounted and floating PV plants, as well as for projects from other renewable technologies.
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