Armenia kicks off 200 MW solar park tender
The AYG-1 project, planned in the Aragatsotn province of western Armenia, will be 85% owned by the successful developer and 15% by the Armenia Renewable Resources and Energy Efficiency Fund (Anif).
Renesola warns of Covid-19 project disruption
The solar plant developer, which is now based in the States, was upbeat in its first-quarter figures but balance sheet borrowings remain a concern.
EIB greenlights €18 million loan for 65.6 MW Polish PV project
The funds will be used by Polish developer Energy Solar Projekty sp.z o.o. to build 66 PV projects selected in Poland’s auction scheme for renewable energy projects not exceeding 1 MW in size.
Albania’s 140 MW PV tender concludes with final price of €0.02489/kWh
The project was awarded to French developer Voltalia. The plant will be located in the Karavasta area, in the centre of the country.
Another Romanian oil company unveils solar plans
Romanian petroleum transport services provider Conpet announced plans to install PV plants across five of its facilities. Initial investment will be limited to 3 million ROL ($680,000), but the group aims to create a renewable energy business unit under its 2020-2025 strategy.
Covid-19 weekly round-up: Residential systems in Italy will get a 110% tax rebate and UK consumers are being paid to turn appliances on as coronavirus turns the energy world upside down
Plus, Australia’s Greens want renewables front and center of the post Covid-19 economy and Mexican plant owners are overturning a politically-motivated ban on clean energy, however, Indian developer Acme solar says pandemic delays warrant it reneging on the terms of the record-low solar price agreement it signed.
Compensation for curtailments of renewable generation in Ukraine
As of November 2019, certain RES producers have been intermittently forced to reduce their output or halt production of electrical energy altogether under the instructions of Ukraine’s transmission system operator, NEC Ukrenergo. DTEK, along with several other large market players led the call for limitations. Many of the country’s RES producers have become alarmed.
Romania re-introduces PPAs to attract investors
The Romanian government has decided to re-introduce directly negotiated Power Purchase Agreements (PPAs) to boost investment in its renewables sector, but only projects commissioned after June 1, 2020 will be eligible.
Czech government plans retroactive cuts for PV incentives, again
According to the Czech Solar Association, the move against solar will likely trigger defaults for thousands of PV projects. The Czech government also plans to build more nuclear power plants and has vowed to extend the lifespan of its coal-fired plants.
Croatia introduces provisions to tender 1 GW of solar
The authorities plan to assign 2.26 GW of renewable energy capacity overall under the scheme, which will include other energy sources such as hydropower, wind, biomass, biogas, and geothermal energy. The government will provide projects it selects with a feed-in price premium, which will be paid for the power generated by the projects, on top of spot market prices.
