The company’s unit Etihad ESCO will carry out the tendering process for the projects, which will be developed on facility close to DEWA’s water reservoirs.
The French developer was selected by Senegal’s power utility Senelec to install 10 solar power plants across four different regions of the African country.
The two projects, which were awarded a long-term PPA in Mexico’s second power auction held in 2016, have received financial support of $294 million.
The French government, which has so far held separate auctions for the two leading renewable energy technologies, said joint tenders will help further reduce costs. The first auction will be open to projects not larger than 18 MW.
Belgian grid operator Elia expects solar could reach 11.6 GW by 2030, especially if distributed generation and storage begin to see strong development.
The Italian wind energy specialist has acquired 100% of ForVei, a company that owns 30 PV plants across northern, central and southern Italy.
The government of the African country has issued an expression of interest in seeking consultancy companies for the environmental and social impact assessment of a 20 MW PV power project.
According to the auction’s preliminary results, solar may account for 55% of contracted power with 3.0 TWh. Final results will be announced on November 22.
Solar will have the same ceiling price as thermoelectric and biomass power projects, while wind and hydro will have a maximum price of $83/MWh and $85/MWh, respectively.
The solar facility, which was entirely financed by Netherlands’ Ministry of economic affairs, is located on the island of Sint Eustatius.
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