Brazil introduces auction to cancel projects selected in reserve energy auctions
The Brazilian Government has approved a decree to introduce an auction system to cancel power contracts awarded in the reserve energy auctions (leilão de reserva). Through these auctions, held between 2014 and 2015, several large-scale PV projects were commissioned.
Hungarian PV market sees robust growth
Hungary’s solar market could see its largest growth ever in 2017. Although the country’s FIT scheme was closed in mid-2016, 2 GW of projects approved under the program could still potentially be installed over the next two years.
Algeria’s 4 GW PV auction causes mixed reactions within local industry
The Algerian renewable energy sector is giving mixed reactions to the 4 GW solar tender recently announced by the government. Some operators fear that local enterprises will be excluded from future projects, while others claim that the new auction scheme will solve most of the issues created by the unapplied FIT scheme.
Ghana’s new government relaunches solar program
The Ghanaian government has resumed plans to promote large-scale solar and wind projects, as well as distributed generation, in order to solve a crisis in Ghana’s power system. Competitive bidding for power capacity procurement will be introduced in the frame of a reviewed Renewable Energy Act.
El Salvador signs contracts for four PV projects at $51.48/MWh
Four PV projects totaling 119.9 MW were awarded in the second auction for renewable energy projects held in the Central American nation in January.
Algerian renewable energy sector raises doubts on 4 GW solar tender
Parts of Algeria’s renewable energy sector is questioning the 4 GW solar tender recently announced by the Algerian government. Provisions on domestic content requirements and the large share that state-owned entities will have on the ambitious solar plan are seen as the major obstacles for its implementation.
Estonia to replace feed-in premium scheme for renewables and solar with auction mechanism
The Estonian government plans to replace the current FIP scheme for renewable energies with an auction mechanism within the next few months. The country’s installed PV capacity reached 10 MW at the end of 2016.
Algeria to launch 4 GW solar tender by the end of March
The Algerian government is set to launch a tender for the construction of large-scale PV projects totaling 4 GW. The tender will be held in three 1,350 MW phases and will select projects with an average capacity of 100 MW.
India’s Madhya Pradesh auctions nation’s lowest-priced solar
Today’s reverse auction for capacity at the 750 MW Rewa solar farm in the Indian state attracts record-low bid of just INR 3.59/kWh ($0.053/kWh).
