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