The funds will be used to finance the Battle for Solar Power Programme, a loan scheme for households and businesses willing to install rooftop PV under net metering or net accounting mechanisms.
A simulation of Poland’s two upcoming mixed wind/solar auctions held by the Polish wind energy association has shown that wind may prove more competitive than solar, especially in the auction for projects over 1 MW. The real auctions are expected to be launched between November and December.
The company data center in Singapore will be provided with solar power by Sembcorp Industries under a 20-year PPA. The required electricity will be generated across 900 rooftop PV systems totaling 50 MW.
Taiwanese solar cell manufacturer, Motech has announced plans to reduce its workforce by 300 and further adjust production capacity, while Sino-American Silicon’s CEO has revealed the company may exit the wafer business.
A new study from the University of New Brunswick confirms that homeowners are more likely to install a residential PV array if they live in areas with a high concentration of rooftop solar power generators. Investments from public entities installling rooftop solar, according to the study’s authors, can indirectly promote renewable energy just by making it more visible to people.
The Qatar-based investment firm has agreed to acquire a 75% stake in Netherlands-based Zon Exploitatie Nederland Holding B.V. (ZEN). The Dutch company owns a PV plant porftfolio of around 96 MW.
The Energy Project Implementation Support Unit (EPISU) will help independent power producers (IPPs) improve the bankability of projects. The new entity is being created with the financial support of the African Development Bank.
The solar plant was built by the local IPP, Meinergy Ghana Ltd in Gomoa Onyaadze, in southern Ghana. The country’s President Nana Addo Dankwa Akufo-Addo said that further IPP projects will be brought online via competitive bidding, and that solar bids will have to be cheaper.
The World Bank is helping Gambian utility NAWES find a consultant for the nation’s first large-scale scheme, to be developed under the national Electricity Restoration and Modernization Project. The solar plant may have a capacity of up to 20 MW, and could be linked with a storage system.
The Centrale électrique de l’Ouest guyanais was started by French hydrogen specialist HDF Energy in May. The $90 million plant, expected to generate 50 GWh per year, is being built near Saint-Laurent-du-Maroni in northwestern French Guiana, and will meet the energy needs of the nearby municipality of Mana.
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