Global renewables investment fell in the first half of this year
While Spain, Sweden, Ukraine and Brazil attracted more funds than last year, China’s transition to an auction-based procurement system and slow performance overall in Europe saw worldwide backing decrease. BloombergNEF does expect investments to ramp up in the second half, however.
Colombia to award longer PPAs in renewables auction
Already postponed from June to September 30, the procurement will now be held by the end of October. The exercise will be open to new renewables projects with more than 5 MW of generation capacity. Selected developers will be awarded 15-year energy deals rather than the 12-year arrangements offered in February’s abortive attempt.
IHS Markit: Global EPC market grew 34% last year
China’s slowdown in installations last year was more than made up for by expansion elsewhere, according to IHS Markit. The news comes amid increasing market fragmentation – with the biggest engineering, procurement and construction business boasting less than 3% market share – and internationalization, with almost half of the top 15 companies operating across more than one region.
Cuba inaugurates 10 MW of solar capacity with help of Abu Dhabi loans
The projects were developed under the auspices of an arrangement between the Abu Dhabi Fund for Development and IRENA which supplies concessional loan financing for renewables facilities.
Impacto de los módulos de alta eficiencia en el LCoE de grandes plantas y generación distribuida (GD) en América Latina
En el próximo webinar de pv magazine analizaremos dos soluciones para reducir el LCoE en grandes proyectos y en el segmento de la generación distribuida (GD) en toda América Latina. JinkoSolar, que colabora en la organización del seminario web, presentará sus módulos Cheetah y Swan, y detallará los nuevos estándares que han establecido.
Ideematec banks new investment worth millions for business expansion
The solar tracker supplier is benefiting from a steadily growing PV market and has inked a deal with ABN AMRO Energy Transition Funds for new capital to expand its operations.
Lightsource BP acquires 1.9 GW of Brazilian solar projects
The developer has announced a major portfolio acquisition. London-based Lightsource says it has acquired 1.9 GW of solar generation capacity in various stages of development from Brazilian developer Enerlife.
Trina partners with Aldo Solar in Brazil
Chinese module maker Trina Solar has announced a partnership with the distributor to bring its new mono PERC modules to Brazil’s fast-growing distributed generation market.
Ganfeng Lithium wagers $28m on Sonora lithium deposits in Mexico
The Chinese lithium-ion battery producer has taken significant stakes in two U.K. entities associated with a mine which could hold up to 8.8 million tons of the raw material in clay deposits.
Brazil A-4 auction signs 211 MW of solar for record-low price of $0.0175 kWh
Cracking the two-cent-mark as a global standard for PV appears within sight as projects in the U.S. and Brazil have been signed below that threshold. Just two years ago the industry celebrated sub-three-cent bids in the MENA region. Prices have come down so quickly, however, the new records are another third cheaper.
