Alten Africa secures $50 million for 45 MW PV project in Namibia
Alten Africa has secured up to US$50 million for its planned 45.5 MWp solar PV plant in Namibia. When complete, the generated energy is expected to meet 3% of the country’s energy needs.
BayWa enters Dutch solar market with 2 GW, €159 million deal
The Munich-based company will acquire a 70% stake in a solar PV project pipeline totaling 2 GW in the Netherlands through its renewable energy arm Baywa re. The transaction will have to be approved by antitrust authorities.
Gaza solar project receives $12 million in international backing
US$12 million in private finance has been earmarked for a 7 MW solar PV rooftop system in Gaza, Palestine. Up to 800 jobs are expected to be created.
Egypt’s largest PV plant inaugurated
German firm, ib vogt and Egypt’s Infinity Solar inaugurated first 64.1 MW PV farm in the Aswan Governorate, Southern Egypt this week. pv magazine, which attended the event, reports on the future plans of the two partners, and looks at the Egyptian solar market.
The US residential solar market fell 16% in 2017
GTM Research and SEIA’s final report on the U.S. solar market in 2017 shows both the struggle of the residential sector, as well as a larger than anticipated fall in utility-scale volumes, leading to a 30% contraction overall.
Denmark preps tender scheme for PV projects up to 1 MW
The Danish Energy Agency has now submitted the scheme for a public consultation. The tender’s budget for 2018 amounts to around 105 million DKK (US$17.4 million).
India’s NTPC tenders 2.75 GW of solar projects
NTPC Ltd has released two solar tenders totaling 2.75 GW. The first will see 750 MW tendered in the state of Andhra Pradesh, while the second is tendering 2 GW for interstate transmission system (ISTS) PV to be installed anywhere across in India. Out of the Indian government’s 20 GW tender plan for the 2017-18 fiscal year, around 15 GW has already been tendered
Italy’s Maresca Group plans 200 MW of solar in Iran
Following the completion of a 10 MW solar PV plant on the Iranian island of Qeshm, the Italian company is now planning to build another two projects with a capacity of 100 MW each in the country.
China Smarter Energy acquires 300 MW PV project in China’s Ningxia Hui Autonomous Region
The Chinese solar power plant operator has agreed to acquire the projects for around US$13 million in its largest-ever transaction. At the end of November, the company’s PV plant portfolio in China reached 180 MW.
Engie commisions 140 MW Bhadla plant, signs 250 MW solar PPA in India
French President, Emmanuel Macron, and Indian Prime Minister, Narendra Modi both inaugurated Engie’s 75 MW PV plant on March 12, 2018, in Mirzapur, Uttar Pradesh. On the occasion, France-based Engie also announced the status of another two PV, and two wind projects.
