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.
JA Solar to drop NASDAQ listing, go private
JA Solar has signed an agreement to cancel its listing on the NASDAQ stock exchange and go private in an all-cash transaction.
Zuma Energía reaches financial closing for two solar projects totaling 337 MW in Mexico
The two projects, which were awarded a long-term PPA in Mexico’s second power auction held in 2016, have received financial support of $294 million.
