Chile to launch auction for 2.31 TWh of renewables+storage in May
The country’s energy regulator will publish the auction’s final bidding terms in December. Projects awarded contracts under the auction will supply electricity under 15-year power purchase agreements for 2026-2040.
Solar parks in Netherlands to be connected at 70% of their peak capacity
The Netherlands’ renewable energy sector has reached an agreement with the country’s grid operators and power providers for a faster grid connection of solar parks. PV plant operators will be able to connect their projects at 70% of their capacity and, in turn, they will be allowed to connect them without having to wait for more grid availability.
China set to acquire 820 MW of solar project capacity
The latest, seven-project, 217 MW, $150 million project sell-off announced by the development business of polysilicon producer GCL-Poly means a lot will be at stake in the vote by its shareholders at an extraordinary general meeting in the new year.
Akuo commissions 50 MW solar plant in Mali
The latest PV installation in West Africa by France’s Akuo features an agricultural and social component on a 5-hectare plot of land next to the project site.
Chinese PV Industry Brief: Jinko announces 2 GW agrivoltaic project in Heilongjiang Province
Meanwhile, Chinese state-owned energy company State Power Investment Corporation (SPIC) has acquired a solar energy developer in Mexico and JA Solar has started construction on the second phase of its 20 GW ingot factory in Yunnan Province.
More solar PPAs from Spain, Germany
In Spain, Swiss pharmaceutical group Novartis has agreed to buy wind and solar power through six different PPAs. In Germany, Enerparc has secured a PPA from German railway operator Deutsche Bahn.
Iberdrola and Ingeteam set up JV to produce electrolyzers in Spain
Iberlyzer will begin operations next year and will produce more than 200 MW of electrolyzers in 2023, with an initial investment of close to €100 million. In addition, the Spanish energy giant has signed an agreement with Norwegian company Nel to build and develop large electrolyzers in Spain.
GCL to generate $304m with 430 MW Chinese project sale
The debt-saddled GCL New Energy solar project business of the polysilicon manufacturer is aiming to sell off solar farms to transform into an ‘asset light’ operation.
Canadian Solar flags up polysilicon, glass and EVA shortages
The solar manufacturer’s impressive third-quarter gross margin is set to fall back in the current three-month window because global shortages have seen some material costs double since the world came out of Covid-19 shock.
The Square Mile goes where Boris Johnson fears to tread
The City of London Corporation signed a £40m solar power purchase agreement on the same day the prime minister outlined a net-zero strategy which failed to even mention solar.
