Utility-scale PV

300 MW Talasol project in Spain receives funding from EFSI

The subsidy free mega project is entering the next stage of its development. Funding is expected to be finalized in 4Q 2018 and commissioning in 2020. The project, funded by the European Fund for Strategic Investments (EFSI) will retail its electricity on the spot market, but will be secured through a financial hedge.

$0.034/kWh solar bid equalled in India – but is it viable?

The state’s second attempt to tender for 500 MW of capacity has made a mockery of predictions of rising PV electricity prices and exonerated utility for cancelling previous procurement round. But the absence of India’s cheapest solar energy generator from the latest exercise could be telling.

SMA presents new central inverter at REI

The German inverter giant says its latest central inverter offering has a capacity of 4.6 MW and offers the ability to connect AC and DC battery storage systems.

EDP secures 15-year PPA for 199 MW PV project in Brazil

The company’s renewable energy unit EDPR will sell power to an unnamed client from a solar plant to be located in Ferreira Barreto, in the Brazilian state of Sao Paulo. The Portuguese utility and wind power specialist began making investments in solar in recent times.

Enel Green Power breaks ground on tender’s first 85 MW solar farm in Spain

The site is the first to be constructed after last year’s exercise. A total of 3.9 GW was awarded, signaling a comeback for the Spanish solar market. The president of Spain’s solar association says there is 21 GW potential projects waiting to compete in future tenders.

Turkey to launch 1 GW PV tender in January

Strong local content requirements may be embedded in the tender, according to the first draft of its rules, with selected projects required to rely on a 60% quota of modules made in Turkey. A 30 MW/ 90 MWh (AC) storage project will also be included at one of the three sites identified for the tender.

Solar all set for another record in Germany

Around 40 billion kWh of clean electricity will be generated by PV systems in Germany during the first nine months of the year. According to calculations by the German Solar Industry Association, the total generation figure from last year will soon be reached.

Akuo plans France’s largest floating solar plant

The 17 MW installation, to be located in the southern region of Provence-Alpes-Côte d’Azur, is expected to begin commercial operations in March.

World Bank to help Afghanistan tender 40 MW solar project

The International Financial Corporation will help the country’s government competitively tender the project, which is expected to be developed through a public-private partnership.

Neoen prepares for €450 million IPO

Through the listing on the French stock market, the independent power producer hopes to raise enough capital to increase its renewable energy assets from 2 GW to 5 GW. Impala intends to subscribe to the offering and remain majority shareholder.

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