Zuma Energía reaches financial closing for two solar projects totaling 337 MW in Mexico
The two projects, which were awarded a long-term PPA in Mexico’s second power auction held in 2016, have received financial support of $294 million.
Mexico’s power auction pre-selects 16 bids with average price of $20.57/MWh and 2.56 GW of combined capacity
According to the auction’s preliminary results, solar may account for 55% of contracted power with 3.0 TWh. Final results will be announced on November 22.
Brazil sets ceiling price of $100/MWh for PV in power auction to be held in December
Solar will have the same ceiling price as thermoelectric and biomass power projects, while wind and hydro will have a maximum price of $83/MWh and $85/MWh, respectively.
Kosovo announces auction scheme for solar
Through the new scheme, the local goverment hopes to attract investments in the amount of €100 million.
Colombia to launch auction for large-scale solar and renewables
In the auction, which will be held before the next presidential elections in May 2018, the Colombian government will select large-scale solar, wind and biomass projects.
Chile’s auction concludes with average price of $32.5/MWh
The Chilean government has allocated approximately 600 MW of renewable energy capacity in the auction.
Around 5.2 GW of solar to compete in third round of Argentina’s RenovAr program
PV will compete with 3.8 GW of wind and a few hundreds of megawatts of less established renewable energy sources.
Senegal issues 100 MW solar tender
Senegalese government issues open tender for solar projects with a combined storage capacity of 100 MW in the Diourbel, Kaoack, and Fatick regions of the country.
Germany’s auction for large-scale solar concludes at €0.0429 per kWh
The average price for bids submitted in Germany’s auction for large-scale solar has fallen below the mark of €0.050/kWh for the first time. A total of 20 projects with a combined capacity of 222 MW were awarded by the Federal Network Agency.
Europe helps Mozambique design auction mechanism for renewables
A €4 million fund will be used to support an initiative launched by the French Development Agency and the country’s power utility Eletricidade de Moçambique, E.P. (EDM).
