The procedures to secure income tax deductions, value-added tax exclusions, customs duty exemptions, and accelerated depreciation rates for renewable projects has been shortened to 45 days.
Around 30% of a 571 MW Chilean hybrid facility owned by Irish developer Mainstream Renewable Power has been built. The Condor solar power plant is part of the 1.3 GW Andes Renovables wind-solar complex.
The parent of Italian tracker business Convert has entered the Brazilian solar market with plans for agri-business products and other systems.
Dutch solar developer Sonnedix will supply Norwegian renewables company Statkraft with around 100 GWh of green electricity annually from 2021 to 2031. The electricity will be generated by a solar plant planned in Badajoz. Sonnedix also announced the acquisition of 4.6 MW more Spanish solar capacity.
The EurActiv portal has published a draft of the European Commission’s reconstruction plan, which includes a tender program for 15 GW of renewable energy projects over the next two years. The tender mechanism is expected to raise €25 billion of investments.
Sunco Capital has secured a deal with oil major Shell. The electricity will be provided by two solar parks Sunco is building near Ciudad Real, in southern Spain.
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