Construction on the 100 MW Kristal Solar Park is set to start in October. The facility will be located near the town of Lommel, in the Flemish province of Limburg. The project developer, local investment agency, Limburgse investeringsmaatschappij (LRM) said the project will be 34% cheaper than expected.
Cumulative PV capacity installed under the scheme reached 90 MW at the end of June. Of this capacity, around 27 MW were deployed in the second quarter alone.
In the fourth of six tenders totaling 4 GW planned for the utility-scale segment, the French government selected 103 solar projects. In the next two, and final, rounds, around 1.7 GW of additional solar capacity will be assigned.
With a maximum fixed tariff of $0.0427/kWh under a 25-year PPA, the total capacity available is made up of 10 MW multiples and could potentially all go to one bidder.
U.K. investor the Foresight Solar Fund today announced the acquisition of a portfolio of operational PV projects, following a placement of new shares in June which raised around £48.1 million.
Through the auction, the authorities in Tirana aim to build a solar park in the Akërni salt flats, near Vlorë.
Enel Green Power North America and Raptor Maps will develop AI-based drones to reduce O&M costs. Kicking off this month, the project will see its first batch of 30 field workers trained by the end of the year. Both companies already have the relevant technology in their portfolios.
The U.S. firm expects France will reach a cumulative capacity of 28 GW by 2027, 3 GW more than previously forecast. The reasons for the increase are the renewed efforts of the French government to push for more solar, and the solar plans of big energy players such as EDF and Total.
The Italian wind energy specialist has joined forces with UK-based investment firm Quercus Investment Partners LLP to acquire another 150 MW of PV plants in Italy.
The social media titan is the world’s biggest corporate buyer of renewable energy so far this year. BNEF figures show the company has already secured 1.1 GW of green power this year, helping the corporate world break last year’s landmark.
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