AfDB to co-finance 50 MW of solar in Burkina Faso
The African financial institution plans to help Burkina Faso electrify Northern Dorsal Africa through solar power plants alongside with smaller projects such as solar pumps and lamps in rural areas.
Solar fastest growing energy source in 2016, finds latest IEA report
The International Energy Agency’s Renewables 2017 report finds that solar PV capacity grew 50% last year, underpinning a 12% increase in this year’s renewables forecast and prompting the IEA to forecast 1,000 GW of clean energy by 2022.
Statoil acquires 40% of Scatec’s 162 MW solar project in Brazil
The Norwegian oil company has also formed a 50/50 joint venture with the fellow solar developer to build and operate large-scale PV plants in Brazil.
GCL-SI secures 62 MW module order from Brazil
The Chinese module maker will provide local engineering company WEG with its GCL-P6/72 325W panels.
Saudi Arabia’s 300 MW solar tender may conclude with lowest bid ever
A consortium formed by UAE-based Masdar and French energy giant EDF has offered to deploy all the tendered capacity at a LCOE of 0.06697 SAR ($0.0178) per kWh. In addition, seven of the eight bids were under $0.03 per kWh. The tender’s bidders will be announced by the end of January 2018.
Suniva, SolarWorld double down on trade proposals
As the first half of the Section 201 remedy hearing comes to a close, Suniva and SolarWorld have made a case for a combination of tariffs and either quotas or a 74-cent minimum module price, and foreign governments have sought exemptions.
U.S. regulators set expedited timeline for coal, nuclear bailout
The U.S. Federal Energy Regulatory Commission (FERC) has given an October 23 deadline for testimony under a rule intended to subsidize nuclear and coal plants, a schedule which the solar and wind industries are joined by oil, gas and other public power groups in opposing. This could be the beginning of a long fight.
Armenia announces commissioning of first PV plant under special regime for solar of up to 1 MW
The Armenian government introduced a special tariff for PV projects up to 1 MW in late 2016.
Chile’s installed PV capacity tops 1,748 MW
Developers connected around 700 MW of solar to the Chilean grid In the first eight months of this year.
Hareon, ReNew commission 172 MW in India
The Dichpally solar plant in the state of Telangana, commissioned ahead of schedule, is the largest joint-venture project between Hareon Solar Technology and ReNew Power Ventures in India.
