The Balkan nation is planning a tender for 50 MW of utility scale solar capacity on a public-private partnership basis with help from the International Finance Corporation. The World Bank’s private finance arm is procuring a technical, environmental and social consulting firm to advise on the project.
Italian fund Green Arrow Capital has acquired the extensive solar and wind power generation portfolio from London-based Quercus Investment Partners. The value of the transaction was not disclosed.
Where seasonal storage is paramount, hydrogen comes into play. Under-the-radar solar market Sweden has presented its hydrogen projects and technological solutions to overcome the country’s natural solar barriers.
Hopes are high up to 5 GW of residential solar capacity will have been added by the time this month’s figures are added, as the household solar feed-in tariff still applies – but only until Thursday. However, the AECEA consultancy has again revised down its overall new capacity expectation for the year.
The regulator received 26 proposals overall for a project intended to make the kingdom less dependent on power imports from troubled South African utility Eskom.
RENA Technologies may struggle to feed the insatiable demand for production capacity in China fast enough and has welcomed orders worth ‘tens of millions of euros’ from three big clients.
The factory, backed by the Turkish government in September, was originally intended to be built with the support of Korean solar manufacturer Hanwha Q Cells. The new partner is China Electronics Technology Group Corporation (CETC). Production is planned to start next year.
PV manufacturers receive 10% of the value of their exported products as an incentive and the nation’s central bank has extended the program to cover this financial year. Bangladesh’s solar manufacturers have called for more, however, and point to more generous schemes to the west.
The fact solar manufacturers in China are still aggressively expanding output illustrates the strength of global demand for PV even as hopes for a rebound in Chinese installations appear to have been groundless.
The French energy giant will provide supermarket Tesco with electricity from 17 rooftop PV installations and two wind farms for a renewables portfolio generation capacity of 59 MW. The groceries retailer has announced plans to install 187 solar rooftops.
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