Spain’s Aragón region prepares to host Europe’s largest solar plant
The 549 MW PV facility will be built by Spanish industrial group ACS on 2,369 hectares of land, spread across the municipalities of Escatrón and Chiprana. The project was selected by the Spanish government in this year’s second renewable energy auction, in which around 3.9 GW of solar power was allocated.
Argentina allocates 556.8 MW of PV in third round of RenovAr program
The lowest bid among the selected solar projects was confirmed at US$40.44/MWh. The average price of all the 66 qualified offers for PV was $43.5/MWh.
Mexico: Third power auction likely to be more successful, despite too-low prices
In an interview with pv magazine, Santiago Barcón, columnist for Energía Hoy and advisor to Mexico’s Energy Regulatory Commission, talks positively about the results of Mexico’s third power auction, despite final prices coming in lower than expected.
IMEEI to acquire 60 MW solar stake in China for $73 million
Inner Mongolia Energy Engineering (IMEEI) has agreed to acquire stakes in two companies that own operational PV projects in China for a total of CNY 484.6 million (US$73.25 million).
ABB supplies inverters for 20 MW project in southern Egypt
The plant was installed in an area of Egypt’s Western Desert that is devoted to a governmental project to transform half a million acres of desert into arable land.
MBSB to finance 50 MW in Malaysia
Malaysia Building Society Berhad (MBSB) has agreed to provide up to 247 million ringgit (US$60.4 million) of Islamic financing to Solar Management (Seremban) Sdn Bhd to back the development of a 50 MW solar project in Peninsular Malaysia.
Wales urges UK Government to renew solar, wind support
The Welsh Government, together with a number of local organizations, is calling for the U.K. Government to renew its support for solar and onshore wind development. In addition to reducing costs, it says these industries will help it survive a post-Brexit world.
Masdar to build 200 MW floating PV array in Indonesia
Abu Dhabi-based clean energy group Masdar has signed a project development agreement with a unit of Indonesian state utility PT PLN to build a 200 MW floating solar plant.
Soltec provides trackers for Scatec’s 162 MW solar project in Brazil
Around 5,300 trackers will be installed at a plant that Scatec Solar has developed in the Brazilian state of Ceará. With this project, Soltec has supplied a total of 909 MW worth of trackers in the country, and 1.7 GW in Latin America.
European PV market expected to grow by 35% in 2018 – GTM Research
European countries such as France, Germany, the Netherlands and Spain are all forecast to be gigawatt-scale markets in 2018. Globally, around 606 GW of new PV capacity is forecast to be installed between 2017 and 2022.
