Saudi Arabia’s second PV tender draws world record low bid of $0.0104/kWh
The record low price was offered for the 600 MW Al Shuaiba PV IP project, which competed in the second round of the country’s procurement scheme for renewable energies.
Chinese solar company highlights credit downgrades of state-owned entities
A record number of defaults last year has spooked some lenders, according to Solargiga, but the solar manufacturer has announced ambitious plans to ramp production capacity this year and next.
EDF bags PPA for 20 MW solar park from French railway operator
Construction on the solar plant is expected to begin this year. It will supply power to SNCF’s unit SNCF Energie over a 20-year period.
Australia’s ‘largest’ solar facade
Victorian-based property developer Beulah has announced its soon-to-be-completed Paragon tower, in the heart of Melbourne, will be home to the nation’s largest and most efficient vertical solar PV system.
Hail insurance is about risk management for PV developers
In the second installment of this series, pv magazine talks with Michael Kolodner of Marsh to learn about the evolution of hail risk management and how insuring a solar project is about more than just the policy.
Solar PV driving green hydrogen to undercut gas, says BloombergNEF
BloombergNEF has shown that solar PV is the key driver of declining green hydrogen costs. The forecast shows costs falling by 85% by 2050, undercutting natural gas and blue and gray hydrogen production.
Orix secures PPA for 2.2 MW unsubsidized solar plant in Japan
The Japanese company will supply, with solar power, a denim factory in the Hiroshima prefecture.
Unsigned PPAs halting India’s renewable energy growth
Nearly 19 GW of renewable energy capacity tendered by state body the Solar Energy Corporation of India is on hold due to electric distribution companies’ unwillingness to sign the power purchase agreements. Manufacturing-linked solar projects alone account for a 63% share of the capacity in limbo.
Mali greenlights two PV projects totaling 83 MW
A 50 MW project is being planned by French company Legendre Energie and a 33 MW facility is under development by Scatec.
Egyptian government signs deal to buy power from 200 MW of Kom Ombo project
Saudi power company ACWA Power today revealed it has signed a 25-year power purchase agreement with the Egyptian Electricity Transmission Company and said development was on track for generation to start before October next year.
