Utility-scale PV

$758 million financing for the first PV-CSP plant in Latin America

Chilean company Cerro Dominador have announced the signing of a $758 million deal to finance the first combined concentrated solar power-PV project in Latin America – a 210 MW scheme in the Atacama desert

EBRD arranges financing for 50 MW project in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) has announced it will work alongside the Clean Technology Fund and Asian Development Bank to provide a loan for the construction of a 50 MW solar power plant in Kazakhstan’s central Baikonur region.

The unstoppable tide of solar illustrated by the rise of floating projects

Price deflation and technological innovation are helping solar transform the global electricity sector. A new report by IEEFA highlights the latest solar milestones around the world and charts important trends including the rise of floating solar and the corporate PPAs helping the tech giants ‘green’ their energy-hungry data centres.

India may miss solar PV target, says CEO survey

The country will achieve solar PV capacity of 50 to 75 GW by 2022 – a little over 60% of the 100 GW target. Total rooftop capacity will be less than 10 GW.

Study: 100% global energy system feasible

Several scientist have joined to rebut an Australian article that questions the feasibility of a global energy transition. For this purpose, they have gathered hundreds of studies on energy systems and conclude, that there are neither fundamental technical nor financial barriers to achieve 100% renewable energy supply.

Solar, wind will drive the value of energy storage in the US

A much heralded report shows solar and wind will lower wholesale prices, but it also shows a coming evolution in the pricing profile of the grid. These shifts in timing, shape, regularity and length will drive energy storage demand.

Shuangdeng Group wins Afghanistan’s tender for 40 MW hybrid solar project

The Chinese provider of storage and back-up power systems has been awarded the $59.7 million contract to build the facility, which will be located at an industrial area in the Nangarhar province. The tender had been issued in September 2017.

T Plus begins work on two solar facilities totaling 105 MW in Russia

The two solar plants, both located in the region of Orenburg, are scheduled for completion by early 2019.

Etrion completes 13.2 MW solar project in Japan ahead of schedule

The Swiss IPP finished its fourth Japanese PV plant located in Japan. Overall, the Swiss company is working on a 190 MW backlog of projects in Japan.

India: Azure Power awarded 130 MW solar project

Azure Power has been awarded a 130 MW solar PV project by the Maharashtra State Electricity Distribution Company Limited (MSEDCL). It is expected to be commissioned in 2019.