All News

North Carolina-based Duke Energy has completed a solicitation for 551 MW of solar power through its CPRE program, with average pricing between 3.79¢/kWh and 3.83¢/kWh and 20 year power contracts.

Although the volume has not been disclosed, selected projects in this new auction will be awarded a 19-year PPA.

Analysts have scrutinized the result of the recent A-4 auction which delivered, in theory, the world’s lowest price for solar electricity from an energy procurement exercise. The two plants in question, however, will sell 70% and 50% of their output outside the power deal signed in the auction.

The IPP released its latest financial figures and leadership says that with growth across all business units, Q2 2019 is its best quarter ever.

If China could travel back to the 1960s with its 2016 PV generation capacity it could harvest an additional 14 TWh of solar power, according to a study by academics at universities in Switzerland and the Netherlands. With a mixed record for reducing pollution, the country’s solar fleet output appears to be drastically affected by dimmed solar radiation.

The 5.8 MW Sparbanken Skåne Solar Park is in the Sjöbo Kommun, in the southern region of Skåne. The facility is selling more than half its output to the spot market and around a third to Swedish bank Sparbanken Skåne under a 10-year PPA. The rest is being traded on the Nord Pool electricity certificate market for renewable energy in Sweden and Norway.

Swiss equipment supplier Meyer Burger has signed a contract to supply heterojunction cell manufacturing equipment to an unnamed North American manufacturer. The company also posted its preliminary results for the first half, posting a $14 million EBITDA loss but stating it expects to break even for the period after selling its wafer business.

A €38 million loan will be provided by Proparco, the International Finance Corporation and the European Investment Bank. A PV plant in Tauba will sell power for €0.0380/kWh and a second facility in Kahone which will sell electricity for €0.0398.

The African continent often generates impressive solar news and offers new angles on renewable energy systems and integration. The 21st Africa Energy Forum, held between June 11 and 14 in Lisbon, explored the various ways in which solar is being rolled out across the continent. pv magazine offers a country-by-country review of some of the Sub-Saharan markets discussed at the event.

Fotowatio Renewable Ventures (FRV) has secured financing for the 67.8 MW Goonumbla Solar Farm in New South Wales. The Spanish developer inked a power purchase agreement for the project with Snowy Hydro last year.