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Utility Scale PV

Financing PV projects in Iran remains challenging

Interview: Iran intends to build new PV and wind power plants totaling 5 GW in the coming years. The first PPAs have already been signed. Among them, Germany’s Geon secured a FIT contract for a 120 MW solar park. The company’s managing director, Sharam Roghani explains why this is only half the battle and why financing projects in Iran remains difficult. He has not found a lender yet, and time is running out.

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Spain’s Canary Islands to launch 100 MW solar auction this year

The government of the Spanish archipelago, which also announced a 300 MW wind power auction for this year, aims to cover 45% of its energy needs with renewables by 2025.

Japan: Plans for 480 MW PV project advance

Five new parties have jumped onboard the 480 MW solar PV project, set to be located on the Japanese island of Ukujima. Around US$1.80 billion will be invested, with construction slated for FY 2019.

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Colombia may contract 1 GW of solar, wind in 2018 auction

In an interview with pv magazine, the president of the Colombian solar energy association SER Colombia, Alejandro Lucio Chaustre, explains what expectations are being created by the upcoming auction for solar and renewables, announced by the Colombian Government at the beginning of November.

Enovos acquires Skytron O&M business & control room

With its latest acquisition, Germany-based Enovos now manages large-scale PV systems amounting to around 600 MW in Germany. Financial details of the transaction have not been disclosed.

Akuo Energy secures financing for Mali’s second solar park

The 50 MW solar plant will be located in Kita, western Mali, and will require an investment of around €77 million.

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Conergy enters Vietnam market with 30 MW solar project

The German-headquartered EPC has been selected by project owners, BIM Group and AC Energy to begin construction of the solar plant in April in the Ninh Thuan province of the country.

Private PPAs for renewables reach 5.4 GW in 2017, BNEF says

Last year’s result surpassed by more than 1 GW the results registered in 2015 and 2016, when the combined capacity of this market segment reached 4.4 GW and 4.3 GW, respectively.

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Hungary to launch 300 MW solar program for farmers

The new scheme envisages the construction of 600 solar farms with a capacity of 0.5 MW each.

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Cap Vert Energie reaches financial close for 33 MW of middle-sized DGPV projects in Chile

All of the 11 projects are being developed under Chile’s PMGD Program for distributed generation.

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