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The weekend read: The land of the low tender

Some of the world’s most cost-competitive solar arrays have been built among the rolling dunes of the vast Arabian Desert. While some government policies appear to be targeted at breaking records, nobody expects the oil-rich Gulf region to bring about truly sharp changes in pricing for solar PV plants.

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Hanergy subsidiary Solibro Hi-Tech declares insolvency

Insolvency proceedings have been under way for the separate Solibro GmbH division since late summer and business operations have long been suspended there. With Chinese thin-film manufacturer Hanergy having told pv magazine it pulled out of that business in 2015 – despite apparent evidence to the contrary – this week another Hanergy subsidiary, Solibro Hi-Tech, declared insolvency.

Solar industry snagged $27.8 billion in finance for company building, projects in 2019

Mercom Capital has released their annual report for 2019, describing the year as robust and showing company funding of $11.7 billion, up 20% over 2018, on top of announced project deals of $16.1 billion, up 14%.

Western Australia to fund renewable hydrogen feasibility studies

The government of the state of Western Australia has allocated funding from its Renewable Hydrogen Fund toward seven feasibility studies that could pave the way for significant renewable hydrogen projects around the state.

Cyprus seeks land for solar parks

The Electricity Authority of Cyprus has issued a public call to select landowners to lease space for the development of large-scale solar projects.

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Netherlands’ largest utility says grid constraints preventing connection of solar projects are increasing

Dutch utility Liander has published a new list congested areas in the provinces of Flevoland, Friesland, Gelderland, Noord-Holland, and Zuid-Holland. The company said that developers of solar parks who are still waiting for grid connection may have to wait longer for additional grid capacity.

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Cheers! BayWa re to supply European Budweiser breweries with renewable power

The German renewables group and brewer Anheuser-Busch InBev claim the transaction is the largest pan-European solar power deal with an industrial client to date. The companies have already agreed on a virtual power purchase agreement related to two Spanish PV plants that are scheduled for grid connection by spring 2022.

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Eni acquires majority stake in Italian PV installer Evolvere

The transaction has been approved by AGCM, Italy’s antitrust authority. Prior to acquiring Evolvere – which recorded a turnover of more than €30 million in 2018 – Eni has mainly specialized in the construction of large-scale solar plants, rather than residential and commercial PV projects.

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New organic redox flow battery aims for €0.05/kWh/cycle by 2030

An international research group led by CIC EnergiGUNE, a Spanish research center, is designing new redox organic flow batteries. The researchers claim the batteries will offer longer duration, as well as higher power and energy densities, in a more environmentally sustainable format. The European Commission provided €3.8 million in funding for the initiative.

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Masdar wins auction to build 200 MW solar park in Azerbaijan

The procurement exercise, which includes 250 MW of wind to be developed by Saudi Arabia’s ACWA Power, was launched in March. The plant will be built at a site located 75 kilometers southwest of Baku. The authorities have not provided any information on final auction prices.

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