large-scale solar

The state-owned Indian hydro-power producer has issued an EoI to select potential partners for the construction of large-scale PV plants across India. SJVN will have an equity share of over 26% in the proposed joint venture.

After conducting a review of the results of Germany’s six auctions for large-scale PV, which have led to a very good price/performance ratio for solar power, the German solar association said there is no more reason to set growth limits for the development of PV.

Around 96% of the PV projects up to 10 MW selected in Germany’s first auction for large-scale solar has now been completed, according to the country’s grid regulator Bundesnetzagentur.

The Nepal Electricity Authority has issued a tender to select consultants for the implementation of the Nepal Grid Solar and Energy Efficiency Project. The initiative is aimed at reducing distribution losses in pilot distribution centers, and enabling the grid-connection of large-scale solar.

A 1.5 MW project financed by the European Bank for Reconstruction and Development was commissioned in Nisou. The plant is one of five MW-sized solar projects supported by EBRD in Cyprus.

In the country’s new energy strategy, the Italian government is planning to phase-out coal power plants starting 2025, and to support utility-scale PV projects through long-term PPAs.

The Italian fund announced the closing of its third financing round. To date, the fund has raised approximately €210 million.

The Algerian Minister of Energy said that the reference price for the first round of the upcoming auction is not expected to surpass 4 DZD/kWh (approximately $0.04/kWh).

The Portuguese company invested $31.8 million in the transaction. The solar park is located in Ferreira do Alentejo, in southern Portugal.

The Israeli investment firm agreed to acquire a special purpose vehicle owning a 300 MW PV project in the southern Spanish region of Extremadura.