Spain’s first auction project online as a new 300 MW power supply deal is signed
Enel Green Power has plugged in the 85 MW Totana solar plant, the first project to come online from the renewables auction held by the Spanish government in July 2017. Elsewhere, Solarcentury and Encavis announced their 300 MW Talayuela project has secured a 10-year power purchase agreement.
South Sudan to embrace renewables
The South Sudan Electricity Corporation is seeking consultants to define the nation’s Renewable Energy Development Program and its related tender mechanism. The plan could put the world’s youngest country – which is in the grip of a long, brutal civil war – on a path to sustainability.
EU approves Eon’s bid to take over Innogy
It took a while, but now the energy giants can finalize the mega deal. Rival energy companies have criticized approval of the deal amid fears Eon could dominate the German market.
French postal service aims to deliver stable energy bill using renewables
The La Poste Group wants one or more green corporate PPAs, to be procured through a tender. The postal service wants to hedge against volatile energy prices.
Renesola rebounds from loss with Q2 profit but loan looms large
The project developer trumpeted its return to the black in the second quarter and appears set to secure an $11 million cash injection from its main shareholder. It needs the cash to help settle a near-$29 million debt due for repayment in March.
ACWA Power offers African record low $0.02526/kWh for Ethiopian projects
Ethiopia has concluded the tender process for the first round of its Scaling Solar program. The winning bid is the lowest in the continent to date, according to the finance ministry.
Total expands solar business in Asia
The French oil giant and China’s Envision Group are forming a joint venture offering PV systems combined with energy management solutions. Total Eren is also involved in a 100 MW solar project in Uzbekistan.
Brexit paralysis and lack of incentives leave community energy facing uphill struggle in the UK
The future benefits of technology such as smart meters and the associated aggregation of small scale generation are not being adequately rewarded, support for solar and wind is being cut off and parliament is fixated solely on one issue.
Sweden increases budget for solar incentives by $48m
Funding for the rebate scheme had already been increased in April. Overall, the budget for this year now amounts to almost $125 million.
Bangladesh’s first state-owned solar plant comes online
The new generation facility was financed by the Asian Development Bank and built by Chinese company ZTE Corp. The project will sell power to the grid for $0.065/kWh, a record low for solar in the country.
