The fourth auction held for systems with a generation capacity no larger than 1 MW saw solar secure 750 MW of projects to leave wind developers in the cold. Innogy took its first steps into Polish PV with 42 projects across three provinces.
Greece’s energy regulator has announced the results of the country’s latest round of tenders for renewable energy, which saw the incumbent utility offer the country’s lowest bid for a solar PV project.
Analysts at Fitch Solutions have published a report singling out Spain and Brazil as ‘outperformers’ in the global solar market and labelled Vietnam the “market to watch”. The analysts expect surging growth from the Southeast Asian nation to continue in the coming decade.
The Baltic nation is heavily dependent on energy imports. A plan for energy independence by 2050 foresees the large scale deployment of renewable energy resources.
The Solar Market Parity Italy 2019 event organized by Solarplaza in Milan last week gave an insight into the Italian large scale PV market by forecasting the trajectory of the segment and highlighting issues investors and developers may encounter.
The audit agency said at least half the EU member states will be unable to reach their 2020 renewable energy targets, including the Netherlands, France, Ireland, Poland and the U.K. It recommends citizen participation and more renewable energy auctions to increase investment and raise volume in the EU clean energy sector. Cross border renewables trade and grid improvements are also highlighted as necessary for a successful energy transition.
The Portuguese government has approved legislative amendments that it says will facilitate its plans to auction off 1.35 GW of solar capacity this summer. The Portuguese energy minister, meanwhile, said that the government hopes to see €6 billion of investment in solar by 2030.
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