World Bank arm the International Finance Corp has now extended almost €76 million of credit into two sustainable lending facilities launched via Raiffeisen Bank.
The 500 kW floating array was built with floating membranes supplied by Norwegian specialist Ocean Sun. The project is expected to continue its second implementation phase during the second half of 2021, when three more 500 kW floating units will be installed.
The RES+ program will be open to installations of up to 1 MW and also solar power projects exceeding 1 MW in size. Selected developers may secure a rebate covering up to 50% of a project’s cost.
Local lawsuits are reportedly set to cost the body set up to purchase clean power in Ukraine more than €24 million already, after the decision by the government in August to retroactively reduce FIT payments. Lithuanian clean power developer Modus Energy is preparing for its own suit, citing Ukraine’s international treaty obligations.
Bosnian utility JP Elektroprivreda aims to buy operational facilities exceeding 1 MW in size.
The 100% solar-powered boat will be tested in a 9,000 nautical mile expedition from Chile to Australia that is set to start in December. The vessel is equipped with an 11 kW PV system built with heterojunction modules provided by Russian manufacturer Hevel Solar.
Czech specialist module manufacturer Fill Factory has signed up to take €500,000 worth of Valoe’s inter-digitated back contact cells under a one-year supply contract.
The trade body has highlighted a lack of explicit PV industry support in EU member states which already host domestic manufacturers, such as Germany, France, Austria, Belgium and Lithuania, and says the focus on green hydrogen could exacerbate the solar trade deficit with Asia.
In the first quarter of the year, more than 500 MW of solar was deployed in the eastern European country.
Masdar’s latest, 400 MW solar project win followed hot on the heels of the award of the contract to develop a 457 MW solar field elsewhere in the central Asian nation.
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