Italy’s new 2020-2030 energy strategy sees PV increase power production by around 40 TWh
The Italian government has planned to phase out coal power production by 2025, and has set a 2030 renewable energy target of 27%.
India: KREDL retenders 200 MW Pavagada Solar Park
The Karnataka renewable energy development limited (KREDL) has reissued the tender for Pavagada 200 MW solar park that was withdrawn in August 2017.
GCL unit pays first tranche of $30 million investment in Millennial Lithium
A unit of China’s GCL group has moved forward with a $30 million strategic investment in Millennial Lithium by finalizing the first of two payments for a 17% stake in the Canadian exploratory mining firm.
Barbados to open energy market to IPPs
Starting from early 2018, the Caribbean island will grant licences for IPPs in an effort to have more solar and renewables.
Netherlands accepts applications for 3.2 GW of solar in second round of 2017 SDE+ program
Solar was also the prevailing source in the “autumn round” of the 2017 SDE+ program for large-scale renewable energy projects, accounting for 60.7% of all preassigned capacity. Overall, 5,456 PV projects proposals, totaling 3,221 MW, were submitted.
China unveils electricity trading pilot scheme
China’s National Development and Reform Commission (NDRC) and National Energy Administration (NEA) have revealed plans to start operating a wholesale market for distributed-generation (DG) electricity on a pilot basis from early February.
Chint to start construction on 200 MW PV module factory in Brazil in February
The solar panel manufacturing facility will be located in the state of Rio Grande do Norte and will serve Brazil and other markets in Latin America.
EU approves Spain’s incentive scheme for renewables
The scheme has been in place since 2014 and includes new projects as well as renewable energy power projects benefitting from previous support.
Attijari bank finances Tunisia’s solar rebate program with $73 million
The funds will be used by local state-owned utility STEG to support the deployment of 85 MW of new residential PV capacity across the Northern African country.
Azores to host its first MW-sized PV plant
The solar project Central Fotovoltaica do Corvo will be built by EDA, the Portuguese archipelago’s power utility, and will be used to reduce the island of Corvo’s reliance on fossil fuels.
