A consortium formed by UAE-based Masdar and French energy giant EDF has offered to deploy all the tendered capacity at a LCOE of 0.06697 SAR ($0.0178) per kWh. In addition, seven of the eight bids were under $0.03 per kWh. The tender’s bidders will be announced by the end of January 2018.
The Armenian government introduced a special tariff for PV projects up to 1 MW in late 2016.
Developers connected around 700 MW of solar to the Chilean grid In the first eight months of this year.
The European Commission has established that two schemes that France has proposed comply with EU state aid rules.
Argentina’s Ministry of Energy and Mines has published new standards for local PV production, mere days before it plans to announce the winners of the second round of its RenovAr auction program for renewables.
Developers have submitted proposals to Mexico’s Secretariat of Environment and Natural Resources (Semarnat) to build 754.7 MW of large-scale solar capacity at six locations, less than a month after several companies applied for permission to develop 843.6 MW.
Spain’s Ministry of Energy has given German PV developer Juwi final approval to build 450 MW of solar capacity in southern Spain.
The financing will facilitate the construction of a 20 MW solar plant in the city of Bissau and two 1 MW PV facilities in Gabu and Canchungo.
The PV plant is the first of several large-scale solar parks that the Russian module maker plans to build in the region.
The project is the second large-scale solar installation that the hydroelectric company has acquired in Brazil.
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