Egypt receives two bids under $0.03/kWh in 200 MW solar tender
The lowest bid was submitted by Spanish developer Fotowatio, which offered US$0.02791 per kWh. Slightly higher, at $0.02799 per kWh, was the offer of Saudi power company, ACWA.
Canadian Solar secures funds for 68 MW Mexican project
The $45 million loan was granted by French financial services provider, Natixis. The solar facility, selected by the Mexican governmemt in the first energy auction of 2016, will be located in the state of Aguascalientes.
Taiwan’s Neo Solar Power narrows loss ahead of merger
Taiwanese cell producer, Neo Solar Power has posted a net loss of NT$390 million (US$12.75 million) for the second quarter of 2018. Though indicative of the difficult times currently facing Taiwan’s cell manufacturers, the figures represent a 39.3% reduction compared with the previous quarter’s loss.
Engie to build Belgium’s largest solar park
Construction on the 100 MW Kristal Solar Park is set to start in October. The facility will be located near the town of Lommel, in the Flemish province of Limburg. The project developer, local investment agency, Limburgse investeringsmaatschappij (LRM) said the project will be 34% cheaper than expected.
Solar projects under net metering keep growing in Ukraine
Cumulative PV capacity installed under the scheme reached 90 MW at the end of June. Of this capacity, around 27 MW were deployed in the second quarter alone.
Turkey: 30 MW of licensed capacity under construction
Turkey has tendered 600 MW of PV capacity, very little of which has been installed to date. A new 30 MW solar PV project, however, is currently under construction.
France allocates 720 MW in large-scale solar tender, final average price reaches €58.2/MWh
In the fourth of six tenders totaling 4 GW planned for the utility-scale segment, the French government selected 103 solar projects. In the next two, and final, rounds, around 1.7 GW of additional solar capacity will be assigned.
SECI launches 750 MW Rajasthan tender
With a maximum fixed tariff of $0.0427/kWh under a 25-year PPA, the total capacity available is made up of 10 MW multiples and could potentially all go to one bidder.
Valmont acquires 75% stake in Italian tracker provider Convert
Valmont’s global manufacturing capabilities and utility customer base is expected to help the Italian company expand activity and market share.
Beijing about-turn influenced collapse of polysilicon deal
Shanghai Electric says the Chinese government’s abrupt decision to rein in solar was a significant factor in the collapse of its planned $3.64 billion acquisition of a controlling stake in the world’s biggest poly maker.
