Spain’s Holaluz to sell power generated at 46 MW solar park in Portugal
The solar plant was commissioned last week in Ourique, southern Portugal. The project was developed by UK-based renewable energy company Welink and Chinese engineering services provider China Triumph International Engineering (CTIEC).
France reports record share of renewables for Q2 2018
According to French grid operator RTE, it is the first time since the 1960’s that renewables have reached a similar share in the country’s power mix. Solar, wind and bioenergies contributed by covering around 10% of national demand.
EU commits €578 million for Iberian-EU energy market integration
Spain, Portugal, France and the European Commission have signed a deal to increase the capacity of the energy interconnection between the Iberian Peninsula and Europe. Currently, the interconnection capacity is 6,000 MW and, thus, far from the 15% goal set in 2015.
Total looks to Chinese EV market
Oil and gas company Total has announced it will work alongside Shanghai-based NIO – the world’s inaugural Formula E champion – to develop products for a potentially huge electric vehicle marketplace in the populous Asian nation.
Two strategic M&A transactions announced in the French PV sector
French solar project developer, Solstyce and rooftop PV specialist, Enerpur are merging into a single company; while France-based building materials provider, Terreal has become the largest shareholder of mounting system provider, GSE Integration.
France unveils details of 300 MW solar tender for Fessenheim nuclear site
Through the tender, the French government intends to allocate 200 MW for ground-mounted PV plants up to 30 MW, and 100 MW for rooftop solar systems up to 8 MW. Projects financed through crowdfunding will be granted the €3/MWh bonus, which is also included in all of the national tenders.
France makes room for solar, Total announces 10 GW plan
The announcement was given by the French energy company during the #PlaceAuSoleil initiative, a new plan of France’s government to speed up PV development, and to make surfaces for large-scale solar plants available. The new package of measures includes doubling the volume of tenders for PV projects on agricultural land and increasing by 50% the volume of tenders for rooftop PV.
Europe’s first GW-sized solar park may be built in France
The huge 1.2 GW PV facility is currently being planned in the Lot-et-Garonne Department, southern France. The project’s required investment is expected to reach around €1 billion. Five big solar players are currently interested in developing the plant.
Engie comments on rumored plan to acquire EDP Renováveis
Engie has released a statement on the rumors that it was looking to invest in EDP Renováveis. Currently the Portuguese renewable energy company, and its parent, power utility EDP, are attracting international interest, also from Chinese state-owned power company China Three Gorges Corporation (CTG).
Old French uranium site to host solar plant
A 2 MW facility is being planned by French developer Neoen at a depleted mining site in southern France. Despite the unquestionable value of bringing solar to an area contaminated with radioactive waste, the field still requires more action to secure the safety of its surrounding areas.
