ADB finances 20 MW of solar in Afghanistan with $44.7 million
The funds will be used to build a solar plant in Naghlu, in the capital Kabul’s Surobi district.
Belgian Court of Appeal rejects lawsuit against Flanders’ grid-fee for residential PV
The so-called “prosumer tax” was introduced in July 2015 and applies to residential PV systems not exceeding 10 kW installed under net metering.
French forces unite to develop solar PV desalination plants
Two French companies have partnered to develop projects that combine renewable energy generation with water desalination. This is an area the solar sector is targeting specifically for the developing world, due to its off-grid compatibility.
Wärtsilä to deploy 75 MW (AC) of PV in Nigeria
The Finnish technology group has been awarded a contract by Pan Africa Solar Ltd to build a solar plant in Katsina State, northern Nigeria.
Enel breaks ground on 8 MW solar park in Panama
The Estrella Solar project will be completed in June 2018 and will be realized thanks to an investment of US$8 million.
Lowest solar bid in Argentina’s latest RE auction reaches $40.4/MWh
The average price of all solar bids in Argentina’s third renewable energy auction was US$48.9/MWh. The successful bidders will be announced next week.
Italy: Clarity on fiscal breaks for sustainable PV investments
The Italian government-run energy agency, GSE has made it clear that the so-called “Tremonti ambientale” fiscal incentive can only be combined with the incentives of the first two Conto Energia programs.
Mexico: Third auction sees 1.3 GW of contracted solar capacity
Solar was awarded 55% of the contracted energy and 58.3% of the clean energy certificates in Mexico’s latest auction. It concluded with an average price of $20.57/MWh, which represents a world record.
Brazil could contract 1 GW of PV in upcoming power auction
According to a report on Brazil’s auctions for large-scale solar and renewable energy projects, published by local consultancy company Greener, around 880 MW of PV projects selected in auctions are expected to become operational by the end of this year, while another 1.29 GW have good chances of being completed in 2018.
Increased competition in RE auctions raises risk of mispricing, Moody says
A report from Moody’s Investor Services on the importance of evaluating a series of factors other than declining costs of renewables and economies of scale, when approaching a competitive auction.
