The renewable energy unit of the Brazilian power distributor, CPFL Energia is the largest shareholder in the country’s distributed solar energy business. The Initial Public Offering (IPO) from the Chinese utility, however, has been deemed too low by the Brazilian securities market authority.
The company’s unit, Sunshine Latin has secured a permit and a fiscal incentive for the project from the municipality of Alcalá de Guadaíra, where the solar facility will be located.
The first window to submit project proposals will be opened on March 13. The program is open to, among other renewable energy projects, solar plants over 1 MW and projects ranging in size from 15 kW to 1 MW.
The monocrystalline cells from the Korean manufacturer will be shipped to the French subsidiary of Chinese solar company, Upsolar.
The project is scheduled to come online by mid-2019 and will help the local grid better manage the increasing power generation from wind and solar facilities, which at the end of 2017 had reached a combined capacity of 500 MW.
‘TheBattery’ storage system of the Dutch provider of high and low voltage equipment, Alfen, will be used by the Belgian power distributor to store solar power produced at its logistical center in Lokeren, Flanders.
Last year’s figures, however, still do not include new capacity coming from the revamping and repowering business. For 2018, local renewable energy association, ANIE Rinnovabili expects growth to be stronger.
The country’s cumulative installed solar power has reached 741 MW, while rooftop PV under net metering has topped 37 MW. Over 500 MW of new PV additions are expected in 2018.
The manufacturing facility is planned to be built in Russia’s Astrakhan region thanks to an investment of 1.5 billion RUB (around US$26.5 million).
Overall, the grid improvement is expected to enable at least 800 MW of new solar PV plants to come online in the south of the country.
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