The power purchase agreement (PPA) relates to large-scale PV projects planned to be operational by 2020. The buyer of the power generated by the solar facilities is Spain’s power provider, Audax. 495 MW of the capacity will be located in Spain, while the remaining 165 MW will be installed in Portugal.
The feasibility study was conducted by France’s Tractebel Engineering SA. The authors of the report concluded that the 1.2 GW solar park is feasible, despite the current radioactive contamination levels in the area.
Tenaga Nasional Bhd. has signed power purchase agreements (PPAs) for two large-scale, grid-connected solar projects in Malaysia.
The solar trackers made by the U.S. manufacturer will be used for the construction of the 754 MW Villanueva solar project in Torreón, in the Mexican state of Coahuila.
In a short chat with pv magazine, the head of Eon’s solar business in Germany, Sebastian Eisenberg has described how the German utility is planning to further develop its PV activities after the company’s recent plan to buy a majority stake in Innogy. The deal, in fact, envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.
Canadian Solar has recorded net income of about $99.6 million for 2017, up sharply from the preceding year, as its full-year PV module shipments jumped by roughly 1.6 GW on the year to 6.8 GW.
The seller of the two PV projects, both to be developed in the state of Minas Gerais, is Chinese-Canadian solar module manufacturer, Canadian Solar. The €95 million transaction enables the Spanish power and gas provider to make its entry into the Brazilian solar market, after it secured its first large-scale PV projects in Spain in last summer’s auction.
The power plant will sell electricity to Iamgold’s Essakane Mine – an off-grid gold mine located 330 kilometers northeast of Burkina Faso‘s capital city, Ouagadougou.
The Norwegian developer’s first solar project in the eastern European country is expected to help the region of Cherkasy reduce its energy shortage.
Belgium market update: Once among Europe’s leaders in solar PV deployment, with more than 1 GW of capacity added in its peak year of 2011, Belgium’s market lost momentum following the abrupt closure of generous subsidy programs. In recent years, driven by its residential PV segment, the country has experienced a solar comeback, which became particularly prominent in the year just passed.
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