Argentina grants final approval for new distributed generation law
Under the new rules, which are expected to come into force in the first quarter of 2018, owners of residential and commercial PV systems will be allowed to sell excess power to the grid under a net metering mechanism.
Argentina allocates 556.8 MW of PV in third round of RenovAr program
The lowest bid among the selected solar projects was confirmed at US$40.44/MWh. The average price of all the 66 qualified offers for PV was $43.5/MWh.
Mexico: Third power auction likely to be more successful, despite too-low prices
In an interview with pv magazine, Santiago Barcón, columnist for Energía Hoy and advisor to Mexico’s Energy Regulatory Commission, talks positively about the results of Mexico’s third power auction, despite final prices coming in lower than expected.
Soltec provides trackers for Scatec’s 162 MW solar project in Brazil
Around 5,300 trackers will be installed at a plant that Scatec Solar has developed in the Brazilian state of Ceará. With this project, Soltec has supplied a total of 909 MW worth of trackers in the country, and 1.7 GW in Latin America.
European PV market expected to grow by 35% in 2018 – GTM Research
European countries such as France, Germany, the Netherlands and Spain are all forecast to be gigawatt-scale markets in 2018. Globally, around 606 GW of new PV capacity is forecast to be installed between 2017 and 2022.
Brazil’s BNDES offers new financing conditions for projects in upcoming auction
The Brazilian Development Bank (BNDES) has changed its loan committments, and will now cover 80% of the financing of all competing technologies, compared to the previous auctions, where this percentage was granted solely to solar. As in the previous auctions, financing will only be allocated to projects using locally-manufactured equipment.
Enel breaks ground on 8 MW solar park in Panama
The Estrella Solar project will be completed in June 2018 and will be realized thanks to an investment of US$8 million.
Lowest solar bid in Argentina’s latest RE auction reaches $40.4/MWh
The average price of all solar bids in Argentina’s third renewable energy auction was US$48.9/MWh. The successful bidders will be announced next week.
Mexico: Third auction sees 1.3 GW of contracted solar capacity
Solar was awarded 55% of the contracted energy and 58.3% of the clean energy certificates in Mexico’s latest auction. It concluded with an average price of $20.57/MWh, which represents a world record.
Brazil could contract 1 GW of PV in upcoming power auction
According to a report on Brazil’s auctions for large-scale solar and renewable energy projects, published by local consultancy company Greener, around 880 MW of PV projects selected in auctions are expected to become operational by the end of this year, while another 1.29 GW have good chances of being completed in 2018.
