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.
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.
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.
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.
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.
The utility giant is preparing for a greener future with plans to cut carbon emissions, while integrating increasing levels of renewable generation and energy storage.
Australian developers Energy Estate and MirusWind have proposed a massive renewable energy hub in New South Wales. The project will combine wind and solar energy generation with pumped hydro storage and other storage options to provide up to 4 GW of new clean generation.
Grupo Cobra will be responsible for the construction of the plant, which will comprise 151,500 PV modules of 330 Wp, mounted on a horizontal single axis solar tracking system and 27 inverters. The facility will occupy an area of 161.2 hectares.
Yolk yesterday won the Aid Innovation challenge at the 2018 AidEX in Brussels. Using solar PV in a fun, novel manner, the Korean social enterprise has addressed major social problems in under-developed countries.
The Chinese-based manufacturer has closed a deal for the supply of its inverter solutions to the large-scale solar project in southern Vietnam. Sungrow says it has deployed a total of 1 GW of solar projects in Vietnam.
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