JCM Matswani Solar Corp Limited has signed a 20-year power purchase agreement (PPA) with the Electricity Supply Corporation of Malawi Limited (ESCOM) for a 60 MW solar PV project.
India’s much-hyped 10 GW solar auction has hit another roadblock. The state-run Solar Energy Corporation of India (SECI)’s tender bids for 10 GW of ISTS-connected solar PV power projects linked with 3 GW (per annum) solar man-ufacturing capacity, has now been extended to October 12.
Italian energy company, Enel has announced the completion of its 828 MW Villanueva project, including the recent expansion phase, together with the completion of an additional portion of the Don José solar plant, which has now reached 260 MW. Overall, 1,089 MW of PV capacity was grid-connected through the several phases of both projects.
Final prices were 5% lower than in the previous tender of the same kind. Around 40% of the selected projects were submitted by agricultural enterprises.
The new funds will come from Brazilian development bank, BNDES and will help small businesses, individuals and communities to implement commercial solar PV and wind power projects. Financing will be granted to projects using equipment that complies with local content requirements.
The U.K. government has cold-shouldered PV with a row of disfavourable policies, which have put at risk the financial viability of new arrays. In the past few last years, the market has remained almost flat, with installations sitting at around 200 MW per year.
Germany’s innogy is all set to deliver its first utility-scale solar PV project in Australia. Preparation works and pre-pilling tests are currently underway, and main works are expected to commence this October.
Two weeks after issuing a tender for solar up to 1 MW, the Danish Energy Agency has now launched a second tender scheduled for this year, for large-scale solar and wind projects. Selected schemes will be eligible to receieve a premium feed-in premium over a 20-year period.
The Accelerating Battery Storage for Development program is intended to leverage US$4 billion in new investments, and to support projects for utility-scale solar parks with battery storage, off-grid systems, including mini-grids, and stand-alone batteries.
Norway’s state-owned hydropower and wind company plans to invest around NOK 10 billion (US$1.23 billion) in wind and solar between 2019 and 2025.
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