“Spain is the hottest PPA market in the world, but auctions are necessary”
That was the one of the main conclusions reached among 400 attendees at the Solar plants in Spain: development, financing and energy future conference, organized by Soltec and PV association UNEF in Madrid this week.
UAE to invest in 100 MW Bangladesh solar plant
Details are few at this stage, with a site for the big project still to be selected, although the Bangladeshi government has confirmed the tariff for electricity produced by the plant will be $0.095/kWh.
Bullish SolarEdge posts $100 million rise in gross profits and predicts strong start to 2019
Unimpressed by last year’s China policy-related shenanigans, the inverter maker continued to grow at a rapid pace as it acquired storage, uninterruptable power supply (UPS) and e-mobility related businesses. Its full-year results place SolarEdge in a good position going into a more promising year, with solar installations expected to hit double-digit growth figures in many markets and reach 120 GW globally.
Indian government approves $6.48bn for rooftop and farmland solar
As national elections approach, prime minister Narendra Modi has signed off a huge check to finance national programs to subsidize household and community PV and to drive solar pump deployment in the nation’s fields.
China stirs the PV world – by preparing to shift to auction mechanism
Projects not encompassed by the new, central-subsidy-free, ‘grid-parity’ regime will be eligible to bid for a government subsidy. But, at a reported $446 million, the pot is not very big.
Ardian, White Summit invest in Jinko Power’s 182.5 MW solar project in southern Spain
The €125 million solar park is under construction near Seville. The project was selected in an auction held by the Spanish government in July 2017.
A specter is haunting South Africa, renegotiation of PPAs signed between 2011 and 2012
As national utility Eskom faces a financial and operational crisis, rumors are spreading that the government may ask independent power producers to renegotiate the tariffs of PPAs awarded in the first two rounds of its renewable energy program. South African solar association SAPVIA has already given short shrift to the idea.
Japan proposes 22% commercial solar FIT cut in latest move to trim costs
With the transition to an auction procurement mechanism under way, Japan is this year set to expand the range of projects subject to the tender system from 2 MW-plus to 500 kW and above. With certain FIT cuts for projects with more than 2 MW capacity set to take effect in the second half of the year, the Ministry of Economy, Trade and Industry has now proposed reducing tariffs for 10-500 kW commercial PV systems.
Prices rise slightly in Germany’s first PV tender of the year
Last year’s trend continued in the first 2019 round of PV tenders. The average final price was €0.0480/kWh. Almost all the selected projects will be on arable land in disadvantaged areas of Bavaria.
Storage Highlights Countdown #7; Ceramic high temperature battery Fraunhofer IKTS
The Energy Storage Europe conference is nearing and pv magazine is featuring the top ten developments in the field as our Energy Storage Highlights, selected by an independent jury of experts. We continue our ranking with a renewed approach to a storage technology which appeared in the 1970s.
