This year will witness the end of the French program for PV tenders known as “CRE4”, which began in 2016. To date, they have enabled over 7.2 GW of solar capacity to benefit from a subsidized tariff (feed-in tariff or feed-in premium). A few months before the last CRE4 tenders and the launch of the PPE2 (or CRE5), Finergreen evaluates their impact on the French solar industry.
A robust national strategy, a portfolio of renewable energy assets, public subsidies and, ideally, existing gas pipelines will all favor African nations aiming to become exporters in the energy storage medium, participants heard at a recent two-day green hydrogen conference.
Commercial & Industrial (C&I) solar PV users consume a significant amount of energy in the MENA region. In these markets, the residential sector accounts for 41% of the total power demand, followed by the industrial and commercial sectors at 21% and 20%, respectively. The remaining 18% represents other sectors, such as agriculture and transport, as well as network losses.
Taking a renewable energy project into its operational phase calls for several workstreams to be synchronized. The one that perhaps jumps out the most is permitting processes: correctly navigating the intricate and time-sensitive steps for licenses and permits. Regardless, each workstream calls for a different set of skills, and because of interlinked chicken-or-egg causality, it is difficult to say which single element is most important in a project’s development. However, there is an unsung element of the financial closing which has as much, if not more, impact on a project’s profitability than the cost of debt does: the underlying terms and conditions.
The Vietnamese renewables industry has been flourishing lately. Taking the example of the solar sector, the installed capacity increased from barely 134 MW in 2018 up to 6,000 MW in 2020. Vietnam has definitely emerged as one of the most active countries in South-East Asia and with the merit of diversifying its energy mix. They added capacity not only in solar – utility scale, commercial & industrial (C&I) rooftop – but also onshore/nearshore wind, hydro and to some extent biomass energy projects. Vietnam has shown levels of dynamism which has attracted initial investor interest.
Examining the results of France’s latest solar PV tender, Finergreen says that Engie has secured the largest share of the 727.9 MWp awarded this week. Overall, 103 projects were awarded under three categories for average tariffs of between €52.1/MWh and 83.8/MWh.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.