The EU agrees on 32% renewable target by 2030 after all-night negotiations
The EU Commission, Council and Parliament have been in trialogue negotiations to broker a deal on the revised Renewable Energy Directive (REDII), the first version of which was adopted in 2009. By 3:30am this morning, a deal was finally brokered and legislative processes for official adoption are now just a formality
Brazil’s Cemig buys 431 MW of wind and solar in own auction
Selected wind and power plants will supply electricity to the Brazilian utility under a 20-year PPA, starting from 2022.
Germany, Italy and Chile are better positioned for grid-parity in DG, study says
The updated version of the “PV Grid Parity Monitor” (GPM) provides an analysis for the commercial DG segment in representative cities of five countries: Germany, Chile, Spain, Italy and Mexico. Germany, Chile and Italy are the countries where good proximity to grid-parity and regulations favoring self-consumption are best combined.
EIB may finance 300 MW “unsubsidized” PV project in Spain
After securing a financial hedge for its Talasol solar plant in January, Israeli solar company Ellomay has now entered agreement with Deutsche Bank for the structuring of non-recourse senior debt financing for the project.
Italy’s digital platform to monitor solar parks
Through the Piattaforma Performance Impianti, developed by energy agency GSE, owners of PV plants above 1 MW in size will be able to conduct geo-analytical comparative analysis between projects while visualizing performance levels and sharing best practice
Suntech to supply 304 MW of modules to Voltalia
The news comes after Suntech recently announced a separate 116 MW module supply deal, with both orders related to Egypt’s mega Benban complex
Enerray and Suntech ink contract for supply of 116 MW of modules for Benban
Italian developer Enerray is progressing three PV plants in Egypt’s Benban complex. The modules will be supplied by the Chinese manufacturer
Engie plugs in 40 MW solar plant in Peru
The project was awarded in a power auction held by the Peruvian government in 2016
TerniEnergia to sell EPC and O&M PV business
The Italian developer said that the sale will enable continuity of its PV business. Funds from the transaction will be used to create a new company which will merge PV operations in Italy with those abroad
Enel switches on 238 MW solar park in Mexico
The Don José solar plant is located in the state of Guacanajuato. Italian utility Enel was awarded the contract for the facility in Mexico’s first power auction
