SoftBank and Essel to develop 500 MW solar park in India
A failed association with IL&FS has failed to deter SoftBank from its plan to invest a staggering $1tn in Indian solar by 2030. Now the Japanese funding giant is working with Essel Infraprojects on a 500 MW plant, with further details yet to be revealed.
Ivory Coast announces another 66 MW solar plant
The project is expected to cost approximately 47.2 billion CFA (around $81.5 million), and to have an annual production capacity of 118 GWh.
Naturgy finances Brazilian PV projects through $71.5m bond issuance
The Spanish gas and power provider will use the funds to build the Sertão I Solar and Sobral I Solar projects, with a combined capacity of 68 MW.
Germany added almost 200 MW of new PV capacity in September
The new capacity figure fell on the previous month, mainly because fewer ground-mounted systems went online. The monthly retreat of FIT payments will stay at 1% for the next three months. According to SolarPower Europe, Germany will be by far the largest market in Europe, with 3 GW of new capacity this year.
More subsidy free solar + storage for the UK
Local authority West Sussex County Council has commissioned the 7.4 MW Westhampnett Solar Farm, co-located with a 4.4 MW lithium-ion battery. The project was built without government subsidy, according to the council, and is expected to deliver significant income over its 25-year lifetime.
French turn on nuclear opens €45 billion renewables investment opportunity
The French government is expected to show a draft plan on how to achieve nuclear generation reduction plans. After minister Hulot left the government in August, amidst disagreements with Macron’s handling of the nuclear lobby, the parliament has voted for a bill to reduce nuclear generation capacity. If the plans are realized in compliance with the climate targets, solar and wind deployment could grow significantly.
Petroleum Development Oman awards contract for 100 MW PV plant
State owned oil company Petroleum Development Oman (PDO) has awarded an independent power producer contract for a 100 MW solar project to a consortium led by Japanese conglomerate Marubeni. Once constructed, the plant will power PDO’s operations in Oman under a 23-year PPA.
QWAY to develop 500 MW of renewables in Angola
Belgian developer QWAY energy has announced plans for 500 MW of renewable energy capacity in Angola, up to 300 MW of which it says will be solar PV. The company has signed a contract for the projects with Angola based company Thueia.
Electricity and hydrogen, from one cell
Scientists at the United States Department of Energy’s Lawrence Berkeley Laboratory have created a hybrid device which can produce both hydrogen via water splitting and electricity via photovoltaics.
Juwi signs contract for third project in Vietnam
German renewables developer Juwi has signed a contract to provide EPC services for a 50 MW project located near to the coast in central Vietnam’s Binh Dinh province. This project brings Juwi’s pipeline in the Southeast Asian country to 130 MW.
