Large scale floating PV to sell power at $0.0368/kWh in Indonesia
A new report from the Institute for Essential Services Reform (IESR) shows that PV has not been growing significantly in Indonesia in recent years, despite the size of its energy market and economy. According to its authors, however, there are multiple paths that can be followed to bring volumes into all market segments. Large scale solar is expected to play a major role in the years to come, as the LCOE for big floating projects is approaching levels close to those of more mature markets.
EIB finance for Burkina Faso solar plant
The European Investment Bank will lend more than half the cost of expanding the first solar project built by the West African nation’s electric utility, from 37 MW to 50 MW.
Winners, prices of Spain’s latest renewables auction
A number of companies spoke to pv magazine this week about the results of Spain’s latest clean-energy auction.
Poland’s first solar PPA will see photovoltaics power cement production
The local subsidiary of German company Heidelbergcement will take solar electricity from the 65 MWp Witnica solar park between Poznań and Berlin for ten years under the power purchase agreement.
Sterling and Wilson commissions 25 MW solar project in Oman
The Indian multinational said the project is its second PV installation in Oman, following the completion of a 125 MWp solar plant in June.
Italy allocates only 20 MW of PV in fourth renewables auction
The Italian authorities have awarded three solar projects in yet another under-subscribed renewables tender. The lowest bid in the procurement exercise came in at €0.06819/kWh and was submitted for a 10 MW solar project. All bids were slightly below the ceiling price of €0.07/kWh. Wind secured most of the assigned capacity.
GCL on verge of cross default over $500m senior notes
The polysilicon manufacturer yesterday extended the deadline for postponing settlement of the investments until Friday – with the notes set to expire on Saturday.
Satellite-derived datasets to measure ground albedo for bifacial PV
A researcher from the NREL has set up a series of datasets of measured ground albedo values using measurement network data in the U.S. and data contributed by the PV industry. The measured albedo datasets are intended to help developers of ground-mounted PV projects in making a choice between monofacial and bifacial panels.
Indian coal miner plans 300 MW floating PV project
Singareni Collieries, an Indian state-run coal miner, plans to set up a 300 MW floating PV plant on a reservoir in the Indian state of Telangana.
Spanish renewables auction secures lowest price of €0.01498/kWh
The Spanish authorities awarded about 2.04 GW of PV and 998 MW of wind capacity, out of a total allocation of approximately 3.03 GW. The average price for solar was €0.02447/kWh.
