Scatec Solar triples production over last year
The IPP released its latest financial figures and leadership says that with growth across all business units, Q2 2019 is its best quarter ever.
Ib vogt finishes 166.5 MW solar system at Benban
The German PV company had reached commercial operation of the first batch of its project at the huge Egyptian solar park in February 2018. Participants in the 1.8 GW solar park receive tariffs set in the nation’s second FIT tender round.
Scatec Solar connects another batch of bifacial tracking capacity in Egypt’s Benban complex
Boasting 195 MW of bifacial-and-tracking capacity, Scatec Solar is halfway to its planned 400 MW target for the technology combination at the 1.8 GW Benban park. The remainder is likely to come online this year.
Scatec Solar connects 65 MW to Egyptian grid, proceeds with 33 MW in Mali
Scatec Solar has connected the next part of its 400 MW tracking and bifacial PV plant to the grid in Egypt’s Benban complex. The entire project is set to fully come online throughout the second half of the year. Meanwhile, the company has also secured additional funding for a 33 MW solar project in Mali.
African nations could install 30 GW by 2030: BSW-Solar
A new report analyzing 10 solar markets throughout Africa claims that the continent’s PV market could expand from about 5 GW at present to up to 30 GW by the end of the next decade.
Egypt plugs 780 MW of Benban solar projects into grid
A government ministry reportedly announced 16 operational solar plants with a total capacity of 780 MW have been connected, along with three more projects that are expected to bring another 150 MW of capacity online this month.
Development lender to help Egypt deploy 600 MW of solar in West Nile
World Bank Group member the IFC has signed an agreement to implement tendered projects with the Egyptian Electricity Transmission Company. The tender for the solar complex was launched at the end of 2017.
Australia and India helped make up for Chinese solar retreat last year
The world had more than half a terawatt of PV generation capacity at the end of last year as emerging solar markets picked up the slack caused by Beijing’s subsidy about-turn to the tune of a 20% rise in installations outside China.
Rise of bifacial lifts profits for the world’s tracker companies
Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.
Developers in the dark over reported 25% hike in Benban investment costs
The association that represents developers operating at the 1,465 MW solar project in Egypt – due for completion in June – say they have been told nothing about a rumored rise in investment costs caused by more expensive construction materials.
