Solar had the largest share in the final procurement round, with PV developers securing 382 of the 390 assigned feed-in tariff (FIT) contracts. Around 35% of the offered contracts are projects in indigenous communities.
France-based oil giant Total has agreed to acquire a 23% stake in French renewable energy group Eren RE for €237.5 million ($282.6 million).
Azure Roof Power, a subsidiary of Azure Power, will install solar panels on Indian government buildings across 10 states, after winning the right to build 50 MW of PV capacity in an auction held by Solar Energy Corporation of India (SECI).
Vikram Solar has completed 80 MW of PV at two sites in Gujarat under India’s National Solar Mission.
The solar facility, which will be built in the department of Santander, will be the second large-scale PV project developed by the Colombian renewable energy company in the country
The U.S. government’s premier renewable energy lab has found a 30% fall in utility-scale solar costs year-over-year, leading to levelized costs of electricity competitive with combined cycle gas generation.
South African consultant and PV expert Chris Ahlfeldt has explained to pv magazine how the impasse of the outstanding PPAs of round 3.5 and 4 of the country’s REIPPPP program may affect solar PV less than other renewable energy technologies. The PPAs relate to twelve large-scale solar projects totaling 813 MW selected in round 4.
Finnwind Oy has installed modules from Indian manufacturer Vikram Solar, a strategic partner for PV installation in Finland.
The incentive scheme includes a FIT mechanism and rebates covering up to 20% of the investment for the deployment of a PV installation. The progam is open to PV installations with a capacity of up to 200kW.
The Argentinean province of Jujuy has issued a $210 million green bond which will co-finance a 300 MW solar project selected in the first round of the country’s program for large-scale renewables RenovAr.
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