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photovoltaic

EIB helps Palestine install 35 MW of rooftop solar with $18 million loan

The funds will be used to finance solar arrays on 500 schools across the West Bank and East Jerusalem.

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China auction allocates subsidies for 22.7 GW of solar with lowest bid of $0.0407/kWh

China’s National Energy Administration has given the greenlight to 3,921 ground-mounted and distributed generation projects. The approved energy price bids ranged from $0.0407 to $0.080, depending on system size, for an average price of $0.048.

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The United States is headed for a battery breakthrough

A new report by the Energy Information Administration projects U.S. installed battery storage capacity will reach 2.5 GW by 2023. Florida and New York are set to pave the way as massive projects in each state will account for almost half the coming capacity.

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Colombia to award longer PPAs in renewables auction

Already postponed from June to September 30, the procurement will now be held by the end of October. The exercise will be open to new renewables projects with more than 5 MW of generation capacity. Selected developers will be awarded 15-year energy deals rather than the 12-year arrangements offered in February’s abortive attempt.

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Tunisian module maker Ifrisol to increase capacity to 750 MW

The manufacturer plans to add 350 MW of manufacturing capacity at its two sites in Tunisia by next year. The ramping up is due to new orders from India and other foreign markets.

Morocco opens 230 MW solar tender

The Moroccan agency for sustainable energy is pre-qualifying developers for the Noor Midelt II project, a solar complex incorporating CSP and PV elements.

‘Large scale solar offers grid parity in Sweden’

Renewable energy company Eneo Solutions AB has signed a letter of intent for a 20-year power supply deal linked to a 10 MW solar park it will start building in November. The energy buyer is Swedish financial services provider Swedbank. The plant, scheduled for completion by mid-2020, will meet 30% of Swedbank’s electricity demand.

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Unsubsidized solar all set to break the bank in Italy

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.

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Madagascar wants more solar

The Malagasy government has announced three PV projects, each with a 5 MW generation capacity, will be built this year. The nation’s cumulative installed solar capacity was only 33 MW at the end of last year.

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Renewables and geopolitics: water and sun pivots to new world order

In our series of renewable energy and geopolitics interviews, Indra Øverland – head of the Center for Energy Research at the Norwegian Institute for International Affairs – explains why hydropower can be the perfect match for intermittent renewables such as solar and wind. Hydropower assets are one of the biggest geopolitical stories of the energy transition but receive almost no attention. Nations with strong hydro potential may become linchpins of regional renewable energy.

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