Japan’s METI awards 140 MW in first PV auction — report
Japan’s Ministry of Economy, Trade and Industry (METI) has awarded 140 MW of solar capacity to eight companies across nine locations, with the lowest bid coming in at JPY 17.2 ($0.15)/kWh, according to a local media report.
BNEF: China to install 54 GW in 2017
According to a newly released forecast by Bloomberg New Energy Finance, China is likely to install up to 54 GW of solar PV before the year is out, surpassing previous expectations.
Egypt’s PV net metering set to bear fruit
Egypt’s feed-in tariff scheme expired in October, however recent regulatory updates on the net metering scheme are set to bear fruit for solar PV in Egypt. pv magazine explores the new policy and business landscape.
Lazard shows ongoing cost declines in solar (w/ charts)
The consultancy’s 2017 study finds that the global cost of utility-scale solar has reached an unsubsidized LCOE of under $50 per megawatt-hour, making new solar cost-competitive with running existing coal or nuclear plants.
Work on 220 MW Myanmar PV project underway
Work on the first phase of a planned 220 MW solar PV plant is underway in Myanmar, according to Basic Energy Corporation. The Filipino-based energy company is looking to acquire an up to 20% stake in the two EPC companies involved.
India-World Bank signs $100 million loan agreement for Solar Parks
India signs loan agreement with the World Bank for $100 million for large-scale solar power projects named as “Shared Infrastructure for Solar Parks Project”.
Soliker to build 25 MW under net metering in Brazil
The Brazilian solar company will invest around 100 million BRL (around $30.7 million) in five solar facilities in the Brazilian state of Tocantins.
Australian government to back blockchain PV, water project
The Australian government has agreed to provide AU$2.57 million (US$1.9 million) to support a two-year pilot project that will use blockchain technology to pair utility-scale and commercial rooftop PV with a battery, electric vehicle charging stations and water treatment systems in Western Australia.
Updated: DEWA seeks EPC contactors for 60 MW of PV in Dubai
The company’s unit Etihad ESCO will carry out the tendering process for the projects, which will be developed on facility close to DEWA’s water reservoirs.
Vinci Energies to build another 17 MW of solar in Senegal
The French developer was selected by Senegal’s power utility Senelec to install 10 solar power plants across four different regions of the African country.
