Akfen Renewables secures $52 million for 85 MW of PV in Turkey
Overall, the Turkish renewable energy company secured funds in the amount of €102 million, a sum that will be invested in wind and solar projects with a combined capacity of 327 MW. The lender was the European Bank for Reconstruction and Development (EBRD).
Sony lays out plans to go 100% renewable by 2040
Japanese electronics giant, Sony has become the latest major organization to commit to a 100% renewable energy target for all of its operations. The company has joined the RE100, a global NGO initiative promoting renewable energy, and plans to reach its target by 2040.
Blockchain solar PV investment fund comes together with energy storage platform
Solar DAO, a digital, autonomous, closed-end, utility-scale PV project investment fund, has announced its partnership with Powerchain, decentralized platform for energy storage, which allows prosumers to buy, store and sell energy.
PV Power Chile plans 118 MW of small solar parks
The Chilean subsidiary of the Czech Republic’s Solek Group and CarbonFree Chile SpA has signed a framework agreement for the development and construction of up to 118 MW of PV projects in Chile. These will have a power range of 3 MW to 9 MW, and will be developed under Chile’s PMGD Program for distributed generation.
Solar, wind power could increase rainfall in the Sahara
The Sahara Desert, and the Sahel region, could be set to take advantage of large-scale wind and solar power projects covering huge surfaces.
Jordan Round 3 PV auction attracts lowest bid of $0.02488/kWh
The results of Jordan’s Round 3 solar PV auction have been announced. Jinko Power (HK) Company Limited submitted the lowest bid of US$0.02488/kWh. Jinko, along with two other companies, are now in pole position to be awarded projects. A final decision will be made after the financial offers have been validated, among other things.
Bolivia commissions 60 MW solar park
The Uyuni project will cover half of the electricity demand in the Potosí region, and is currently the largest PV installation in the Andean country. The project was realized thanks to an investment of US$62 million.
New Mexico prepares to approve 100 MW-AC of solar for Facebook data centers
The social media giant’s Los Lunas data center plans to buy power at $30/MWh.
Italy to hold first 500 MW wind-solar auction in January
The new Italian government has maintained, almost unchanged, the provisions for the creation of an auction scheme for solar, wind and other renewables designed by the previous government. It has, however, postponed the first auction for large-scale projects from November to January. Furthermore, it has introduced new rules to enable the replacement of asbestos covers with rooftop PV systems through an ad-hoc FIT scheme.
Uncertainty and challenges in Jordan’s Round 3 RE auction
Changes to Jordan’s Round 3 renewable energy auction will mean just 150 MW of capacity will be allocated for PV projects, down from 200 MW. Meanwhile, the government has accepted all 16 of the technical bids submitted in April, meaning it now hangs on price. The final results are expected soon.
