Installations

With the ruling coalition having agreed to extend additional tenders for PV and wind power, a related, draft bill by the Federal Ministry of Economics has been disclosed. The policy document includes a proposal for a 20% FIT reduction for solar installations ranging in size from 40 kW to 750 kW.

Singapore’s Economic Development Board has issued a request for information related to the potential deployment of a large-scale floating solar system to generate energy for private sector consumption.

Norwegian developer Scatec has upped its holding in three operational PV projects in South Africa. Each of the plants is operating under a 20-year PPA with utility Eskom. Scatec’s investments in the country are secured by guarantees from the World Bank Group.

President Moon Jae-in yesterday announced plans for a 3 GW project. South Korea plans to add 30 GW of PV by 2030, to improve the country’s hitherto poor renewable energy performance.

The World Bank says floating PV has the potential for 400 GW of capacity – under conservative assumptions. The authors of a World Bank study say adding floating solar to hydropower plants improves their flexibility while increasing energy yields.

The developer will supply energy to India’s largest utility under a 25-year PPA and can build the project anywhere in the nation, with construction to finish in early 2021.

Around the half of this capacity was deployed from April to September, according to new official statistics released by the Ukrainian authorities.

The government may not fancy solar much, but that won’t stop the sector bouncing back big-time … albeit in two years’ time. Maybe London’s Underground network can help kick-start a desperately needed solar renaissance.

A failed association with IL&FS has failed to deter SoftBank from its plan to invest a staggering $1tn in Indian solar by 2030. Now the Japanese funding giant is working with Essel Infraprojects on a 500 MW plant, with further details yet to be revealed.

The project is expected to cost approximately 47.2 billion CFA (around $81.5 million), and to have an annual production capacity of 118 GWh.