The weighted average cost of the electricity to be generated by the latest 975 MW fleet of solar projects procured by a national tender program has fallen more than 50% from the level recorded in the last such exercise, which was abandoned six years ago.
The French energy company blamed interconnection costs along with global supply chain and production issues, and tariff and trade disputes.
UK electricity retailers are ramping up their efforts to sign power purchase agreements for PV projects.
Re-Source 2021 took place in Amsterdam at the end of last week, and pv magazine was there to cover the event where the suppliers and sellers of renewable power purchase agreements (PPAs) meet the (largely corporate) buyers, though encouraging PPA uptake among small and medium-sized enterprises (SMEs) was among the major talking points, including ‘additionality’, de-risking renewable PPAs and 24/7 matching.
A 600 kW, container-based solar array will be used to electrolyze green hydrogen at a mine in Limpopo, South Africa after Engie signed a two-year lease for the mobile system, at Anglo American’s Mogalakwena site.
The PAYG solar start-up, which is a darling of impact investors, has formed a joint venture with French cotton farming giant Geocoton to establish a foothold in Burkina Faso and says it is aiming to offer its solar home systems to 2 million customers.
Engie Green has joined forces with the associations France Nature Environnement and Apicluster to install beehives at several of its solar PV parks in the Provence-Alpes-Côte d´Azur region, in southern France.
The French energy company sold its 60.5% stake in Engie EPS to the Taiwan Cement Corporation for around €132 million.
The French energy business said PV made up 21% of the 3 GW of new renewables generation capacity it installed last year, with the majority of its total new clean power facilities arriving in North America.
The two French energy giants have announced a partnership agreement to develop, build and operate the Masshylia project – a 40 MW electrolyzer coupled with solar parks at the Total biorefinery in Châteauneuf-les-Martigues, in the southern region of Provence-Alpes-Côte d´Azur.
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