Denmark allocates $16.5 million in incentives for solar up to 1 MW
The new incentive scheme is capped at 35 MW and is expected to grant a special tariff ranging from $0.10 to $0.12 per kWh.
Neo Solar Power subsidiary to build 40 MW Taiwan PV plant
General Energy Solutions, a subsidiary of Taiwanese solar cell manufacturer Neo Solar Power, will be the EPC of a 40 MW ground-mounted solar park in Taiwan’s ChangHua county. The project will be the country’s largest ultra-high voltage power transmission solar project.
Uganda seeks proposals for mini-grid project in 25 villages
Funds for the projects will be provided by the EU and Germany’s Federal Ministry for Economic Cooperation and Development (BMZ)
CEFC to provide $77 million for 88 MW in Australia
The Clean Energy Finance Corp. (CEFC) has revealed plans to provide A$98 million ($77.05 million) in debt finance to back the development of the biggest biggest solar project in the Australian state of Victoria.
Pure Energy LLC builds 109 MW solar plant in Belarus
The facility will sell power to Pure Energy LLC, the power utility of the Mogilev Region.
Green Climate Fund provides another $110 million for solar and renewables in Kazakhstan
Funds comprise $106 million in concessional finance and $4 million in technical assistance grant.
A2A buys PV plants totaling 17 MW in Italy
Through this operation, the Italian power and gas provider is further expanding into the solar sector.
India’s Tamil Nadu state cancels 500 MW of solar projects
The government of the Indian state decided to cancel an auction held Jan-Feb 2017, as developers rejected offer to reduce tariff bid of INR 4.40 ($0.07)/kWh.
AfDB to co-finance 50 MW of solar in Burkina Faso
The African financial institution plans to help Burkina Faso electrify Northern Dorsal Africa through solar power plants alongside with smaller projects such as solar pumps and lamps in rural areas.
Solar fastest growing energy source in 2016, finds latest IEA report
The International Energy Agency’s Renewables 2017 report finds that solar PV capacity grew 50% last year, underpinning a 12% increase in this year’s renewables forecast and prompting the IEA to forecast 1,000 GW of clean energy by 2022.
