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Attijari bank finances Tunisia’s solar rebate program with $73 million

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.

Azores to host its first MW-sized PV plant

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.

Four key takeaways on Italian PV from Key Solar event

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.

Kosovo announces auction scheme for solar

Through the new scheme, the local goverment hopes to attract investments in the amount of €100 million.

Ghana’s Volta River Authority secures funds to deploy 12 MW of solar

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.

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Colombia to launch auction for large-scale solar and renewables

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.

Spanish PV could go merchant but market must change

José Donoso, the president of Madrid-based solar association UNEF, recently spoke to pv magazine about Spain’s latest renewable energy auction, under which 3.9 GW of solar was allocated. He also talked about the spot market, private PPAs and the ways in which future auctions can facilitate the further development of large-scale solar.

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Malta launches incentive scheme for solar farms larger than 1 MW

With this new scheme, the Maltese government hopes to deploy around 50 MW of PV capacity over the next three years.

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Chile’s auction concludes with average price of $32.5/MWh

The Chilean government has allocated approximately 600 MW of renewable energy capacity in the auction.

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Quebec-based pension fund La Caisse keeps investing in solar

After providing Canadian rooftop solar specialist Potentia Renewables with $83 million in May, Canada’s second-largest public pension fund has now agreed to finance U.S. solar installer Sunrun with $40 million.

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