PV projects totaling 26 GW to compete in Brazil’s A-4 auction
Energy agency the EPE has admitted 1,581 projects with a total capacity of more than 54 GW to the procurement exercise’s initial phase.
Tokyo Gas buys 50% stake in Engie’s Mexican renewable energy unit
The Japanese gas provider has acquired a 50% interest in four Mexican PV projects with a combined capacity of 746 MW. The new joint venture will further develop solar and renewables across the country.
Storage set to come of age in the next five years
The transition for utility scale storage from offering short duration, high value grid services to the world of long duration energy peaking could spell the end of fossil fuel backup generation within five years.
PV projects above 100 MW capacity proliferate in central Italy
Tuscia, in the Lazio region, is the focus of plans for several big solar parks including a 150 MW project approved by the regional government, two schemes exceeding 100 MW and six more projects ranging in size from 17 to 70 MW. Some 700 MW of solar is under development in the municipalities of Montalto di Castro and Tuscania alone.
EBRD to help Lebanon’s solar plus storage tenders
The nation has plans for two ambitious renewable energy tenders but the procurement process is dragging and Lebanese institutions lack experience in designing such schemes. A solution will be provided by Europe.
Europe’s largest floating PV project under development in the Netherlands
Dutch developer Groenleven is planning a 48 MW floating installation at a depleted sand extraction site near Emmen, in Drenthe province.
Four takeaways from Solarex
All the fundamentals are in place for Turkey to be a leading light in solar but an all-too-familiar lack of policy certainty, coupled with a troubled macroeconomic backdrop, mean the nation is still unable to realize its PV potential.
Fotowatio could be sold
According to Spanish financial newspaper Cinco Días, UAE-based Abdul Latif Jameel Energy is trying to sell Spanish developer Fotowatio Renewable Ventures (FRV), which it acquired just four years ago. Although FRV has decided not to comment on the matter, market sources believe that reports of its impending sale could simply be an attempt to gauge investor appetite.
Global surge to offset potential solar slowdown in China — IHS Markit
The global PV market will probably grow by as much as 25% in 2019, after sagging to a double-digit rate of expansion last year, with annual capacity additions likely to hit 129 GW, IHS Markit says in a new report.
Argentina announces new RE auction for 2019
The fifth round (Ronda 4) of the RenovAr program for large-scale solar and renewables will be held by the end of the year, according to the Argentinean Minister of Renewable Energy, Sebastián Kind. The procurement exercise will also include grid infrastructure projects.
