The Italian government has planned to phase out coal power production by 2025, and has set a 2030 renewable energy target of 27%.
Solar was also the prevailing source in the “autumn round” of the 2017 SDE+ program for large-scale renewable energy projects, accounting for 60.7% of all preassigned capacity. Overall, 5,456 PV projects proposals, totaling 3,221 MW, were submitted.
The solar panel manufacturing facility will be located in the state of Rio Grande do Norte and will serve Brazil and other markets in Latin America.
The scheme has been in place since 2014 and includes new projects as well as renewable energy power projects benefitting from previous support.
The funds will be used by local state-owned utility STEG to support the deployment of 85 MW of new residential PV capacity across the Northern African country.
The solar project Central Fotovoltaica do Corvo will be built by EDA, the Portuguese archipelago’s power utility, and will be used to reduce the island of Corvo’s reliance on fossil fuels.
While expecting the announcement of a new energy strategy that could envisage more than 30 GW of additional solar between 2020-2030, the Italian solar sector discussed how to deal with current market conditions and facing the future with optimism at Key Solar, a brand new solar event.
Through the new scheme, the local goverment hopes to attract investments in the amount of €100 million.
The funds will be granted by Germany’s KfW and will be used to build two large-scale PV power plant’s in Ghana’s Upper West Region.
In the auction, which will be held before the next presidential elections in May 2018, the Colombian government will select large-scale solar, wind and biomass projects.
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