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Ecuador concludes 200 MW PV tender with final price of $0.06935/kWh

Solarpack was the winner of Ecuador’s latest tender, launched in July 2019, for the 200 MW El Aromo solar project. The facility will sell electricity to state-owned Corporación Eléctrica del Ecuador SA under a 20-year power purchase agreement.

Neoen energizes 140 MW solar park linked to 3.2 MW/2.2 MWh of storage in El Salvador

The facility is now selling power to local distributors AES, Delsur, EDESAL and B&D at an average price of $ 49.55 under a 20-year PPA.

Portugal hits 1 GW milestone

Portugal now has more than 1.03 GW of operational PV capacity, making solar its third-biggest renewable energy source behind hydropower (7.1 GW) and wind power (5.4 GW). However, PV remains the resource with the greatest growth potential in the country.

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Ikea extends PV offer to Spain

Starting from January, the Swedish furniture provider will launch its Solstrale PV panel offer in the Spanish market.

Canadian Solar secures PPAs for 862 MW of solar in Brazil

The Chinese-Canadian company has secured two more deals in the Brazilian deregulated energy market. A 12-year PPA was awarded by BTG bank while a second, 15-year contract was awarded by power provider Furnas Centrais Elétricas.

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Chile to launch auction for 2.31 TWh of renewables+storage in May

The country’s energy regulator will publish the auction’s final bidding terms in December. Projects awarded contracts under the auction will supply electricity under 15-year power purchase agreements for 2026-2040.

BIPV module with novel encapsulation design

Researchers at the University of Malaga say they have developed a panel for building-integrated photovoltaics that improves light absorption without losing efficiency and durability.

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More solar PPAs from Spain, Germany

In Spain, Swiss pharmaceutical group Novartis has agreed to buy wind and solar power through six different PPAs. In Germany, Enerparc has secured a PPA from German railway operator Deutsche Bahn.

Iberdrola and Ingeteam set up JV to produce electrolyzers in Spain

Iberlyzer will begin operations next year and will produce more than 200 MW of electrolyzers in 2023, with an initial investment of close to €100 million. In addition, the Spanish energy giant has signed an agreement with Norwegian company Nel to build and develop large electrolyzers in Spain.

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Iberdrola secures 10-year PPA for Spain’s largest PV project

Iberdrola has agreed to supply electricity from a 590 MW solar project to nine facilities owned by German pharmaceutical giant Bayer.

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