The project consists of a 76 MW unit selected in an energy auction, and a 25 MW section selling power to a local power distributor.
The European solar association has released a new report that recommends ten actions to further support solar across the EU. Innovative financing mechanisms and new business models, as well as balanced regulatory frameworks, are considered necessary to ensure the future growth of PV in Europe.
The Armenian Ministry of Energy Infrastructure and Natural Resources has prequalified ten companies in the preliminary phase of the tender for the project, which will be located in Masrik, Gegharkunik province, in the eastern part of Armenia.
The German government will reduce FITs by 0.25% for the next months, although new additions are significantly behind the 2.5 GW annual target for solar.
The Mexican government announced the timeline for the upcoming renewable energy auction. Technical bids must be submitted in September.
Irish power utility EBS and wind specialist Bord na Móna are planning a giant solar project across three counties in the middle of Ireland. Meanwhile, large-scale PV projects with a combined capacity of 1.47 GW were submitted to the local grid operator for approval.
The southern European country added new PV systems totaling 32.6 MW in March. Meanwhile, solar covered around 8.8% of Italy’s electricity demand last month, and 5.8% in the first three months of this year.
The PV plant is one of the country’s first merchant solar projects after the energy reform was introduced. The project’s required investment was $14 million.
The assessment was conducted by Brazil’s energy agency Empresa de Pesquisa Energética (EPE). These projects are expected to be particularly suitable to regions with a low degree of grid integration.
Indonesia recently brought in a new renewable energy law that changes the remuneration tariffs for renewable energy projects, including solar PV systems. Furthermore, the country’s state-owned utility recently signed agreements for new photovoltaic capacity.
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