While expecting the deployment of several GWs, which were allocated in this year’s auction, Spain’s solar demand grew by 145% last year. Most of the 135 MW installed last year comes from self-consumption and off-grid projects.
The solar complex, Puerto Libertad will be located in the state of Sonora. The project’s completion is scheduled for the fourth quarter of this year.
The 40 MW project is part of a 70 MW solar plan launched by local utility, Escom in February to reduce chronic power shortages.
The Saudi energy company submitted the second lowest bid, an LCOE of 0.08872 SAR ($0.0236) per kWh, while the excluded competitor, a consortium led by Japan’s Marubeni, had offered 0.09976 SAR ($0.0266) per kWh.
Pacifico Energy has commenced construction on a 55 MW solar PV plant in Gifu Prefacture, Japan. It is expected to be operational in 2019.
Bamboo and BBOXX launch pioneering platform aimed at providing developmental infrastructure for off-grid energy services.
The new tender will be issued as soon as the ongoing tender for 180 MW of solar projects has concluded. The new round will select another 24 large-scale solar projects, and will be open to bidders that failed to qualify for Round 1.
Kyocera posted a net profit of JPY 28,880 million ($261.7 million) in the third quarter of the current Japanese fiscal year, down 16.8% year on year, as the group continued to consolidate its PV manufacturing operations in the face of falling sales in its home market.
The French energy regulator has decided to reduce FITs for the first quarter of this year by between 1.2 and 5%.
In the first 2018 round for solar rebates, funds were allocated in just nine minutes. More than two thirds of the selected projects included a storage solution.
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