Solarpack plans to launch €100 million IPO
The Spanish developer said that funds from the IPO will be primarily invested in the execution of its 510 MW PV project pipeline.
China may raise 2020 solar target to more than 200 GW
The target of 105 GW of cumulative installed photovoltaic power, which was originally set for the end of the decade, has already been surpassed. PV Info Link says the 2020 solar target may now be revised upwards to 210-270 GW.
Colombia postpones RE auction
Originally scheduled to be held on Jan. 2, the auction has been delayed to an unspecified date in the third quarter of next year. Colombia’s national mining and energy planning unit UPME has also postponed the publication of final bidding terms at the request of interested parties.
Netherlands government to issue green bonds in 2019
The Dutch government is planning to raise between €3.5 billion and €5 billion through green bonds annually. The proceeds will be used for sustainable investments, including renewable energy deployment.
‘Renewables mini grids need good policy frameworks’
The International Renewable Energy Agency says Asia is offering the largest amount of people mini grid access, with the development of such systems mostly led by governments. Global installed capacity reached 308 MW at the end of 2017.
Argentina issues secondary legislation for distributed generation
The new decree, which regulates the law for DG promulgated at the end of 2017, is intended to support distributed generation of renewable energy sources under net metering. The fund for DG, though, has shrunk by half in value thanks to currency depreciation.
‘France at risk of energy isolationism’
The Chair of the solar commission of French renewable energy association SER – Xavier Daval – explains why a further commitment to nuclear by the Macron government may seriously undermine efforts of late to revive renewable energy. According to him, if more nuclear reactors will be built, France may miss the chance of positioning itself as a leading country in the growing global renewable energy market.
Germany plans 20% FIT cut for commercial and industrial solar
With the ruling coalition having agreed to extend additional tenders for PV and wind power, a related, draft bill by the Federal Ministry of Economics has been disclosed. The policy document includes a proposal for a 20% FIT reduction for solar installations ranging in size from 40 kW to 750 kW.
Singapore seeks proposal for 100 MW of floating PV
Singapore’s Economic Development Board has issued a request for information related to the potential deployment of a large-scale floating solar system to generate energy for private sector consumption.
Global operational floating PV capacity tops 1.1 GW
The World Bank says floating PV has the potential for 400 GW of capacity – under conservative assumptions. The authors of a World Bank study say adding floating solar to hydropower plants improves their flexibility while increasing energy yields.
