TEPCO reaffirms renewables commitment, vows to expand globally
The head of Tokyo Electric Power (TEPCO) has said that the Japanese company remains committed to renewables development, and has vowed to expand the regional utility’s business beyond its home market in the coming years.
Turkey to issue 1 GW solar tender by the end of the summer
The tender may also include the deployment of storage. Overall, the Turkish government expects to assign 2 GW of renewable energy generation capacity through the tender mechanism, YEKA this year.
Canadian Solar announces sale of 24 PV plants to Greencoat Capital LLP
The already operational power plants sold for US$267.7 million comprise 272,000 Canadian Solar modules in total. Canadian Solar is set to provide operations and maintenance services to the plant, which could generate up to 142,000 MW per year for its new owner, based in the U.K.
Engie secures Italy’s first private PPA for “grid-parity” solar
The French energy giant will sell electricity under a five year PPA to the four Italian facilities of Austria headquartered brick and roof tile manufacturer, Weinerberger.
Solar trackers: Record 2017 shipments; up to 20 GW expected in 2018
Last year saw record levels of global solar tracker shipments, reports GTM Research. It forecasts even bigger growth in 2018, despite continued consolidation. NEXTracker held on to the top spot once again, while Latin America became the biggest market.
Albania grants first two FITs licenses for PV projects up to 2 MW
The projects will be awarded a feed-in tariff (FIT) contract with a regulated tariff of €100/MWh.
State Grid of China’s offer to acquire Brazil’s CPFL Renovaveis judged too low
The renewable energy unit of the Brazilian power distributor, CPFL Energia is the largest shareholder in the country’s distributed solar energy business. The Initial Public Offering (IPO) from the Chinese utility, however, has been deemed too low by the Brazilian securities market authority.
First Solar to build the largest solar plant in the US South
Georgia Power has awarded a power contract to the PV maker and developer under its latest solicitation. The project will utilize First Solar’s large-format Series 6 modules.
India: Avaada Power to develop 1.6 GW of solar in Uttar Pradesh
Avaada Power Pvt Ltd has committed US$1.55 billion to develop solar PV projects in the state of Uttar Pradesh in India.
BayWa r.e. plans 175 MW solar project in southern Spain
The company’s unit, Sunshine Latin has secured a permit and a fiscal incentive for the project from the municipality of Alcalá de Guadaíra, where the solar facility will be located.
