Repsol or Iberdrola could be the new owner of Spanish developer X-Elio
U.S. fund KKR and Spanish group Gestamp have reportedly begun X-Elio’s sale process. Oil business Repsol and power company Iberdrola are said to be among the interested buyers circling the PV project developer.
Brazil preps auction for non-interconnected state of Roraima
The procurement is planned for May 16 and will award 15-year PPAs to projects based on conventional and renewable energy generation. Solar could help remove the state’s reliance on power generated by a company based in crisis-torn Venezuela.
Rise of corporate solar behind 950 MW of new capacity in US state
Almost all of utility Georgia Power’s proposed renewable energy procurement in its latest integrated resource plan is to serve demand for large users with corporate sustainability goals, following Facebook’s commitment to the state.
Solar refuses to lie down and die in the UK, says industry body
Although the prospects for large-scale British solar appear grim, the U.K. trade association for the industry says the compelling economic case offered by PV is ensuring activity continues despite a prolonged policy vacuum.
Advantage solar in Colombia’s first renewable energy auction
Some 22 projects were admitted to participate – 17 of them solar – in the country’s first RE procurement exercise, which will be held on February 26.
Germany to install more than 10 GW of PV before 2022 contraction
Extraordinary PV tenders by the federal government will provide for more growth. Market research company EuPD Research expects newly installed capacity of 4 GW in 2021. After that, however, the market could see a sharp reduction, after the 52 GW cap for solar subsidies is reached.
Spain hits 5 GW milestone
Approximately 261.7 MW of new PV systems were deployed in the country last year, according to provisional numbers from solar energy association UNEF. Once again, rooftop PV for self-consumption drove demand, although 26 MW of ground-mounted solar parks were connected in 2018.
Two more large-scale PV deals announced in Portugal
Switzerland-based Edisun Power has acquired a 49 MW solar project in northeastern Portugal which is expected to be completed in the second half of next year. Cubico has secured financing for three operational PV facilities with a 29.6 MW capacity in the south of the country.
ReneSola looks to Hungary and Poland
French-backed institutional investor Eiffel Energy Transition Group will finance almost 100 MW of new solar capacity in the central European nations after signing a deal with the Chinese developer.
Massive solar-plus-storage projects move forward in Australia
The Robertstown region could host two big renewable energy projects – a 500 MW solar farm co-located with a 250 MW/1 GWh battery storage capacity, and a construction-ready 200 MW PV project with 120 MWh of storage that forms part of the Solar River Project, the size of which could eventually double.
