Hanwha Q Cells acquires 1 GW of PV projects in Spain
The projects are located across several Spanish provinces. The seller is Spanish developer RIC Energy.
21-year solar PPA for three French airports
The airports of Paris-Charles-de-Gaulle, Orly and Le Bourget will be provided with solar power by French solar company Urbasolar and energy provider GazelEnergie. The PV plants related to the contract are now in development and will begin delivering power in 2021.
5.5 GW of unsubsidized solar for Brazil
The pipeline of large-scale solar projects that are not being planned to compete in public auctions is growing significantly in Brazil, according to a report by consultancy Greener. The study also reveals that all of these projects have already secured a permit to start commercial operations, and that they are located in six states, including Minas Gerais, Sao Paulo and Ceará.
Europe has now 8.4 GW of planned and built PV projects under PPAs
A new report from Enervis shows that Spain is currently the most attractive European market for PV projects with a PPA, with 4.39 GW of contracted capacity. Italy and Germany are the second and third markets for this type of project, with 1.91 GW and 1.05 GW, respectively.
Railway-connected large scale PV project announced in Germany
A 42 MW solar park will be built in eastern Germany to generate power for the 16.7 Hz network of German rail operator, Deutsche Bahn. Construction is expected to start once final approvals are received from local authorities.
Engie sells controlling stake in 813 MW Indian solar portfolio
This transaction is part of Engie’s develop, build, share and operate strategy which involves selling part of its stake in renewables assets while carrying out operations and maintenance.
Qatar’s 800 MW tender draws world record solar power price of $0.01567/kWh
Utility Kahramaa has revealed the winning consortium initially offered $0.01745/kWh with the price then reduced based on financial market indices.
Albania launches 140 MW solar tender
The country’s second large scale solar plant will be built in the Karavasta area, in the centre of the country. Half the energy produced will earn a tariff payment of no more than €55/MWh, the rest will be sold on the energy market.
A new era of sustained growth
After several years of weak solar demand growth in Europe, compared to the historical highs of 2011, installations are expected to surge by 88% to reach a new installation record of 23 GW in 2019, writes Cormac Gilligan, research manager at IHS Markit. A range of favorable macro conditions have coalesced this year to reignite the market.
Masdar to install 145 MW of floating PV in Indonesia
Abu Dhabi-based renewable energy group Masdar is sailing into the Southeast Asian solar market with Indonesia’s first floating solar project. The petro-state owned developer says the facility will be the largest in the region.
