European Court of Justice censors European Commission approval of UK capacity market
With Theresa May’s government in full scale revolt this week over Brexit, the ECJ’s ruling that the European Commission wrongly failed to find fault with the UK capacity market mechanism four years ago, is likely to have Brexiteers on both sides of parliament frothing at the mouth with indignation.
Equinor takes 9.7% stake in Scatec Solar
The Norwegian oil producer has already partnered with Scatec on large-scale PV projects in Brazil and Argentina. The transaction cost $82.4 million.
Hanwha supplying 100 MW mono PERC modules to China project
Hanwha Q Cells is continuing its collaboration with CGN Power Group. The manufacturer is delivering its Q.Peak-G5 mono-crystalline PERC solar modules to a 150 MW site in China’s Hubei province.
UK Government: ‘The devil is in the details’ for allowing RE in Capacity Market
A conference held this week in London shed light on the U.K. Government’s timeline for reviewing its Capacity Market and Contracts for Difference schemes, and what the changes could mean for renewable – and specifically solar PV – energy projects.
Argentina launches 400 MW mini renewables auction
Some 350 MW will be divided between wind and solar for projects of 500 kW to 10 MW in scale. The ceiling price for solar and wind has been set at $60/MWh.
Israel supports Angola’s solar ambition with $60m fund
The money will be used, among other things, to finance the construction of a 50 MW solar plant in Benguela province, in the west of the country.
TfL thinks big with aim to install renewables across London estate
The local transport provider wants generation facilities – almost certainly solar – across its 6,000 acres of land and roofs in the capital city, and hopes to break ground on the first sites within a year.
Spain’s Iberdrola secures third PPA for 391 MW Núñez de Balboa solar plant
The agreement will help supply Spanish distribution group Uvesco with 100% renewable energy. The first two PPAs for the huge solar plant were signed by Iberdrola in July and October, respectively.
ACWA receives $320m financing for 300 MW Saudi project
The project, tendered by the Saudi authorities in February, will be built by a new company which is 70% controlled by the energy giant and 30% by contractor AlGihaz Holding. The plant will sell power to the Saudi Power Procurement Company at $0.0236/kWh.
African Energy Data Book launched
Africa Energy, a U.K. based consultancy has launched the African Energy Data Book, which it claims is the first attempt to track the continent’s electricity capacity in a single volume. PV Magazine attended the unveiling of the book.
