Bilateral PPAs help independent retailers drive large scale Australian solar
Commercial electricity retailer Flow Power has signed an offtake deal through to 2030 for a quarter of the production from the Kiamal Solar Farm, in Victoria. Total Eren – developer of the $90 million, 200 MW project – has now signed three bilateral PPAs with offtakers – pointing the way for project developers as large-scale solar’s competiveness continues to grow.
REN21 report: record PV growth but soaring energy demand leaves renewables playing catch-up
Renewable energy has made great strides in electricity generation but the integration of renewables in the heating, cooling and transport sectors is still in its infancy. With those sectors making up around two thirds of global energy demand, there is still enormous potential to harness PV and other technologies.
China: 2018 installations could drop by more than a third
On Friday, three Chinese government ministries issued a joint “2018 Solar PV Power Generation Notice.” Its impact has been hotly debated since, with two key conclusions: the largest market segment – utility-scale PV – will take a pounding and not come close to last year’s record installation figure of just under 34 GW; and the expanding distributed generation market segment, which rose 360% from 2016 to 2017, will also be severely impacted by a 10 GW cap on new projects.
Dubai has 43.7 MW under net metering
Most of the capacity, around 27 MW, was deployed in the emirate over the past eight months.
UN launches tender for 3.5 MW solar project to supply Palestinian refugee camps
Planned wheeling station will be backed to the tune of up to $8.5m by a private equity fund and is expected to be operational by July next year.
Solar becoming par for the course in Japan
LG’s 56 MW PV park is the group’s largest in Japan and will join the string of energy schemes feeding big data into the conglomerate’s Energy Optimization Center, when it opens this year.
Engie commissions 24 MW PV park in south west France
The project will produce nearly 32 million kWh per year, covering the annual electricity consumption of more than 13,000 people. The total amount invested in the park was €28.6 million.
Scatec wants to double size of project pipeline
Chief executive of Norwegian developer tells markets his company will deliver on 1.5 GW promise by the end of the year – by including any projects it has broken ground on.
Solar sets new record in Germany
PV systems set a new German record in May. According to preliminary figures from the IWR, photovoltaics produced just under 6 TWh of solar power during the month.
South Africa to launch new 1.8 GW REIPPP round this year
After signing the 27 outstanding renewable PPAs assigned in previous rounds in April, the South African government believes the new procurement round may raise investment of more than $3.1 billion.
