U.S. fund KKR and Spanish group Gestamp have reportedly begun X-Elio’s sale process. Oil business Repsol and power company Iberdrola are said to be among the interested buyers circling the PV project developer.
The procurement is planned for May 16 and will award 15-year PPAs to projects based on conventional and renewable energy generation. Solar could help remove the state’s reliance on power generated by a company based in crisis-torn Venezuela.
Almost all of utility Georgia Power’s proposed renewable energy procurement in its latest integrated resource plan is to serve demand for large users with corporate sustainability goals, following Facebook’s commitment to the state.
The target company, which specializes in supercapacitors, will become a wholly-owned subsidiary of Elon Musk’s business.
Although the prospects for large-scale British solar appear grim, the U.K. trade association for the industry says the compelling economic case offered by PV is ensuring activity continues despite a prolonged policy vacuum.
The system is said to have a maximum estimation error of less than 10% and to reduce the computational requirements for calculating the output of PV systems in complex environments. The approach is based on the correlation between a skyline profile and the annual irradiation received at a particular spot.
Some 22 projects were admitted to participate – 17 of them solar – in the country’s first RE procurement exercise, which will be held on February 26.
Extraordinary PV tenders by the federal government will provide for more growth. Market research company EuPD Research expects newly installed capacity of 4 GW in 2021. After that, however, the market could see a sharp reduction, after the 52 GW cap for solar subsidies is reached.
Approximately 261.7 MW of new PV systems were deployed in the country last year, according to provisional numbers from solar energy association UNEF. Once again, rooftop PV for self-consumption drove demand, although 26 MW of ground-mounted solar parks were connected in 2018.
The production line would mean the Spanish company would comply with local content requirements. GPTech says its order book exceeds 400 MW, including 200 MW of large-scale projects in South Africa.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.