Deadline extension in Tunisian PV tender
Developers have been given an extra two months for bids adding up to 70 MW of new capacity. With no FIT scheme, bidders compete to offer the most attractively priced 20-year PPA level.
Solar distributed generation sees strong growth in Brazil
According to a new report published by consultancy Greener, the price of DG systems keeps falling in Brazil and total installed capacity has surpassed 308 MW. In the first half of the year, newly installed capacity was around 126 MW – more than the country installed in all of last year.
Spain’s Holaluz to sell power generated at 46 MW solar park in Portugal
The solar plant was commissioned last week in Ourique, southern Portugal. The project was developed by UK-based renewable energy company Welink and Chinese engineering services provider China Triumph International Engineering (CTIEC).
SolarEdge reports record revenues in second-quarter results
The company has experienced continued growth and after the acquisition of a UPS supplier – as well the potential for Chinese power electronics manufacturers to suffer under proposed new inverter tariffs – SolarEdge feels confident of continued growth.
Colombia launches first RE auction
The Colombian Ministry of Mines and Energy announced that up to 1 GW of renewable energy generation capacity may be allocated. The competition will be open to solar, wind and biomass projects exceeding 10 MW in size.
Trina to deliver PV modules to 258 MW Vietnamese project
Chinese solar PV manufacturer, Trina Solar will deliver PERC modules to the 258 MW project, located in the southern province of Ninh Tuan. With an investment of around US$220 million, the project is set to be Vietnam’s largest, when completed next June.
BayWa closes €100 million financing for subsidy-free Spanish PV park
BayWa r.e. renewable energy GmbH has achieved financial close on €100 million construction bridge financing for its 174 MW solar PV project in Seville.
Milestone: Over one trillion watts of wind and solar installed
A BloombergNEF analysis states that global wind and solar PV installations have reached a trillion watts, for the first time. While this milestone took the industry 40 years, the second trillion watts are expected to be installed in five years, in 2023, with the help of storage. The investment costs required to install one trillion watts are also expected to half.
Zambia seeks further financing for its 100 MW PV project pipeline
The African Development Bank is currently seeking consultants to arrange debt financing for five 20 MW projects it aims to develop under Zambia’s Renewable Energy Financing Framework.
Even with duties, Chinese PV modules will be competitive in India
Despite safeguard tariffs against certain imports of solar PV products into India, Chinese manufactured modules will remain competitive, says TrendForce. It further anticipates PV demand falling 30% in fiscal year 2018 in India, while cost pressures will mount for EPCs and project developers.
