Installations

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.

The first window to submit project proposals will be opened on March 13. The program is open to, among other renewable energy projects, solar plants over 1 MW and projects ranging in size from 15 kW to 1 MW.

A deal, worth up to US$36 million, has been signed by South Africa’s Inspired Evolution (IE), under which it will invest in Alten RE Developments Africa B.V. Over 600 MW of solar PV projects are set to be developed.

Investors throughout the world made 406 investments in large-scale renewables in 2017, collectively valued at roughly €40.1 billion (US$49.5 billion), but solar is set to grow more in terms of capacity than any other clean-energy technology over the next half decade, according to a new report. Battery storage will play a crucial role in this, it found.

Price drop continued in the first round of the 2018 tender series. The final average price of solar bids was €0.0433/kWh, a value which is quite below that of the tenders for wind power.

Japanese thin film PV manufacturer, Solar Frontier has posted an operating loss of JPY 7.8 billion (US$73.2 million) for 2017, as it continues to rejig its business strategy and consolidate production in Japan.

Bids for solar PV ground-mounted projects and wind farms on land can be submitted to the Federal Network Agency by April 3. Overall, the German government will allocate around 200 MW of capacity in the tender.

Overall, the grid improvement is expected to enable at least 800 MW of new solar PV plants to come online in the south of the country.

The $110 million project is expected to generate 220 GWh per year.

A few days after the first grid-connected off-shore solar PV project was announced in the Netherlands, the Belgian government has unveiled plans to make the North Sea a solar energy hub.