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Markets

Brazil to hold another auction including solar in April

The new A-4 auction will be open to thermoelectric, wind, solar and hydro large-scale power projects, which must be operational from 2022.

Italy: Solar prices on power exchange lower than reference price in 2016

According to a report from Italy’s GSE, solar power prices on the Italian wholesale electricity market last year were between 5% and 12% lower than the national reference price.

UAE: Rooftop specialist Environmena acquired by UK investment firm

U.K. investment firm, Arjun Infrastructure Partners is expected to bring strategic support and access to capital to the UAE-based solar developer.

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Solar PV 2018: Installs of 111 GW, a polysilicon factory boom and $0.30/W for modules

On the back of high solar PV installs, which will smash records this year at just under 100 GW, BNEF’s optimistic demand forecasts place growth at 111 GW in 2018, rising to 121 GW in 2019. It further sees a polysilicon factory boom, with production 10% up on 2017; and module prices dropping to as low as US$0.30/W for market leaders.

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Argentina grants final approval for new distributed generation law

Under the new rules, which are expected to come into force in the first quarter of 2018, owners of residential and commercial PV systems will be allowed to sell excess power to the grid under a net metering mechanism.

Lithuania’s new energy strategy bets on wind and prosumers

Although the country’s new national energy independence strategy says wind will represent 65% of its total renewable energy share by 2050, the number of households that self-generate their power (predominantly from solar) is expected to increase from 34,000 in 2020, to 500,000 in 2030.

Switzerland’s solar power production could reach 19 TWh by 2050

A report from the Paul Scherrer Institute forecasts a bright future for PV technology in the Alpine country. Solar may even be able to grow by 18 TWh over the next 30 years from just 1 TWh currently.

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Germany adds 150 MW of solar in October

In the first ten months of 2017, new PV additions totaled 1,465 MW, which is almost the same amount of installed solar capacity installed in the same period of last year.

Spain’s Aragón region prepares to host Europe’s largest solar plant

The 549 MW PV facility will be built by Spanish industrial group ACS on 2,369 hectares of land, spread across the municipalities of Escatrón and Chiprana. The project was selected by the Spanish government in this year’s second renewable energy auction, in which around 3.9 GW of solar power was allocated.

Argentina allocates 556.8 MW of PV in third round of RenovAr program

The lowest bid among the selected solar projects was confirmed at US$40.44/MWh. The average price of all the 66 qualified offers for PV was $43.5/MWh.

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