PV hits lowest tariff in Greece’s first solar-wind tender: €0.053
Solar power has broken two records. It offered the lowest tariff in Greece’s first joint PV-wind tender – a payment level that is also the lowest ever awarded a Greek PV project.
EDF finalizes purchase of French solar operator Luxel
The acquired company owns more than 1 GW of solar capacity, including operational large-scale plants and projects still under development. The financial terms of the deal remain undisclosed.
Off-grid solar could bring electricity to 740 million people by 2022
As RP Global starts work on 11 solar hybrid mini-grids on Lake Victoria that will supply electricity to 160,000 people, analyst Wood Mackenzie has released a report stating how increased capital flows in the sector may still fall short of securing universal electricity access by 2030. Nonetheless, off-grid solar is the cheapest and most viable solution for remote areas and attracts investment from fossil fuel majors and venture capital funds.
Dubai’s DEWA seeks proposals for phase V of 5 GW Mohammed bin Rashid Al Maktoum Solar Park
The utility has issued a request for qualification for a further 900 MW of PV at the huge solar park, which is set to reach a total capacity of 5 GW.
Trina to ship 16 MW of its bifacial panels for French projects
The Chinese manufacturer will supply EDF with around 45,000 bifacial, double glass Duomax Twin panels. The French utility will use the modules for two large-scale projects selected through tenders held by energy regulator CRE.
Lyon’s BePositive event shows confidence in French PV market remains strong
The solar event in Lyon illustrated how expectations of French solar remain big despite lower-than-expected development and issues related to regulations and carbon footprint requirements. The large participation of international and Chinese players seeking business among installers and distributors is a signal things may improve in the short term, and larger volumes may be deployed in the coming years.
EDF helps Londoners share solar power using blockchain
The CommUNITY project is being realized outside the U.K. regulatory framework, which does not permit power trading between electricity customers.
New Caledonia sees 10 MW solar-plus-storage plant come online
The Wi Hâche Ouatom project is the first of its kind in the southwest Pacific French overseas territory. The facility is 51% owned by Enercal Energies Nouvelles and 49% by Promosud, both of which are based in the archipelago.
EDF develops its first floating PV project – which will be France’s largest
The 20 MW solar project will be located on the hydroelectric reservoir at Lazer in the Hautes-Alpes, next to the Saint-Sauveur dam.
New products contribute to another record year for sustainable finance
BloombergNEF figures show financial vehicles linked to environmental and/or social benefits amounted to $247bn worldwide in 2018. The US led the way, almost entirely because state-backed mortgage provider Fannie Mae issued $19.8bn worth of green home loans.
