Enerray enters insolvency proceedings
Italian industrial group Maccaferri, the parent company of the insolvent EPC contractor, has also filed for insolvency for another three units of its energy business.
Scratching the surface of Brazil’s huge solar potential
Rodrigo Sauaia, CEO of Brazilian solar energy association ABSOLAR, analyzes the chances of PV in this year’s two energy auctions in which it can compete. But it is not all about auctions, Sauaia tells pv magazine, there are 2 GW of solar projects under development for which bilateral PPAs may be signed, and hundreds of MW worth of such schemes that have already secured contracts.
Innovation and uncertainty mark SNEC 2019
There was plenty of innovation on display at this year’s SNEC, which closed yesterday afternoon at the Shanghai New International Expo Center. The three-day exhibition ran from Tuesday to Thursday, was well attended and still ranks as the world’s largest solar energy trade show.
Solar-plus-storage gets its share in Brazil’s auction for non-interconnected state of Roraima
Although only two of the nine projects selected in the auction are for hybrid biomass-solar power plants with some storage, seven will rely on renewable energy sources. The largest selected project, however, is a 123 MW gas power plant in the city of Boa Vista.
Brazil sets ceiling price of $69.7/MWh for upcoming A-4 auction
The tender is on June 28. This year’s procurement exercise may allocate less capacity than previous auctions, due to lower demand for contracting new projects.
Chile to issue $1.5 billion green bond
The funds will be used for renewable energy facilities and projects associated with the bond have already obtained Climate Bond Initiative certification.
Argentina “mini” renewables auction moves forward
Some 56 bids were submitted for the fourth round of the RenovAr program for large scale renewables. Projects will be selected on July 22. With this procurement the Argentinian government wants to allocate a total of 350 MW of solar and wind generation capacity, with a 10 MW size limit per project.
Canadian Solar suffers $129m reversal in quarterly fortunes
With figures at the end of last year boosted by profitable PV project sales, the manufacturer and developer is now nursing unflattering comparisons and aims to get more projects built and sold by the end of next month.
PV leads the way as renewables threaten coal-fired power
With clean energy being generated at lower and lower prices around the world, solar power is playing a leading role in bringing the curtain down on coal, and will help the decarbonization of transport and space heating too.
