Installations

The Italian power utility and the Dutch investment firm have agreed to acquire the first 137.5 MW of a 275 MW PV project under development in Australia. The second 137.5 MW project’s unit will be bought by the two companies later this year.

State-owned utility PT PLN (Persero) signed agreements with six developers in late March to build PV projects throughout the Southeast Asian nation.

If approved, the new net-metering scheme would come into force by the end of this year. Power surplus woul be sold to the grid at a rate of RUB 1 ($0.0174)/kWh.

Sri Lanka’s Ceylon Electricity Board has issued a tender for the construction of 60 PV power plants with a capacity of 1 MW each. Bids must be submitted by April 26.

The approved project is the $200 million Alwa solar plant. The installation will be located in northern Chile.

No Trump, no Musk: just a week filled with excellent technological breakthroughs, encouraging acquisitions and market growth, and just a hint of Brexit-themed fake news. But the good kind.

The U.S. power giant shifted 2.5 GW of solar and wind projects to its internal operations and maintenance team in 2016, and is planning on sending another 900 MW in-house this year.

Zambia’s Industrial Development Corporation Limited (IDC) has issued a Request for Prequalification for the construction of several large-scale solar plants across the country. Selected projects will be developed under the ‘Scaling Solar’ initiative.

The latest Global Trends in Renewable Energy Investment 2017 report by the UN Environment, Bloomberg New Energy Finance and the Frankfurt School-UNEP Collaborating Centre finds that while investment in clean energy fell last year, annual installations rose, revealing the cost-competitiveness of the sector.

The French energy giant has showed strong interest in Algeria’s 4 GW solar plan. The general director of the company has discussed plans about solar and gas with the local ministry of energy.