Policy

The 30 MW plant was developed by a consortium led by Infinity Solar Energy SAE – an Egyptian developer operating in Africa and the Middle East – with Germay’s ib vogt, investment vehicle MMID and private equity firm BPE Partners.

The 2018 figures for the Guarantee of Origin (GO) certificate market show a marked growth in clean energy demand in Europe. Demand surpassed 500 TWh, while GO prices reached record levels. Solar GO, however, saw a slight fall.

The Renewable Energy Project Development Office is tendering seven large-scale IPP solar projects. The exercise is part of Round 2 of the Saudi National Renewable program, which is expected to allocate almost 2.2 GW of PV capacity this year.

Companies in the United States accounted for more than 60% of the clean energy deals signed by corporations worldwide last year, according to BloombergNEF. A proposed renewable portfolio standard for Chinese business, though, could turn the picture upside down in a year’s time.

German states with coal mining regions would receive a total of €40 billion from the federal government over 20 years for structural change under the terms of the Coal Commission’s proposal, while operators of coal-fired plants would receive compensation.

The announcement was given by the country’s Minister of Environment and Ecological Transition, Matos Fernandes. Two kinds of auction will be held for PV: for large-scale projects granted a feed-in premium tariff, and for smaller installations including rooftop awarded a fixed tariff.

The Australian states of Victoria and South Australia suffered blackouts at the end of last week as a heatwave drove up air conditioning power demand and coal-fired power stations couldn’t cope. Extreme weather is debunking arguments for new fossil fuel generation and signalling energy security lies in renewables.

In France’s new energy strategy, the Macron administration has said how much will be allocated annually in tenders for ground-mount and rooftop PV projects over the next six years. In the best case scenario, France would have 44.5 GW of solar capacity by 2028, with renewables forecast to come in at up to 113 GW.

The São Pedro solar complex is in Bom Jesus da Lapa, Bahia state. The plant, awarded a 20-year PPA in Brazil’s 2015 renewable energy auction, was installed with Jinko and Canadian Solar modules. The latter makes modules in São Paulo.

Domestic developers Avaada Power and Adani lead the way with each bidding for half the capacity available, after the state distribution company raised the maximum tariff and extended the bid deadline.