Engie wins Senegal’s 60 MW PV tender with bids under €0.040/kWh
The French energy giant will now build a solar PV power plant in Tauba, central Senegal, which will sell power at €0.0380 per kWh, while a second plant selling electricity at €0.0398 per kWh will be constructed in Kahone.
RE generation capacity topped 2,179 GW in 2017 – IRENA
According to the latest statistics from the International Renewable Energy Agency (IRENA), global renewable energy (RE) generation capacity hit 2,179 GW last year. Leading the charge were renewable hydro, onshore wind and solar PV.
Sunlight Financial raises $225M for residential solar loans
The US residential solar finance provider sees the capital covering approximately 9,000 solar loans at $25,000 each.
Vattenfall resorts to crowdfunding for its Dutch PV projects
Nuon, the Dutch subsidiary of Swedish energy giant, Vattenfall, is offering bonds to its customers, as well as to customers of other power providers, in order to raise additional funds for the financing of its solar project pipeline in the Netherlands.
2018: India second largest solar market on back of 113 GW global installations
With 11 GW, India is set to become the second largest solar PV market in 2018, usurping the U.S., as global demand reaches 113 GW, says IHS Markit. It adds that Q4 will be the biggest quarter in history for installations, with 34 GW expected.
Jordan: New policy allows public institutions to build, own 10 MW PV plants
Jordan’s Government has approved a new policy allowing all public institutions in the country to build and own a solar PV plant up to 10 MW. The first to benefit, Mutah University has launched a 10 MW tender.
Brazil allocates 806 MW of solar in A-4 auction, final average price drops to $35.2/MWh
Around 20 GW of solar PV projects were initially competing in the contest. PV was again the source with the largest share, accounting for around 80% of total assigned capacity. The final average price for solar was 118 BRL (US$35.2)/MWh.
South Africa finally signs 27 outstanding renewable PPAs
South Africa’s utility-scale solar industry is finally back on track following the signing of 27 renewable energy power purchase agreements (PPAs).
Guinea Bissau plans its first big solar-plus-storage project
A solar power plant with a capacity of between 20 and 30 MW is currently being planned with the support of the World Bank, which is now seeking consultants to carry out a feasibility study for the project.
Credit Suisse to launch €500 million green bond issue to back US solar projects
The Swiss bank will utilize the proceeds to refinance construction and operation of U.S. solar projects, and this could be the first of several issuances.
