Hungary launches first renewables auction and tops 1.1 GW of solar
The EU member state added 418 MW of new solar in the first six months of the year and its energy regulator expects another 1.4 GW in the years ahead, as a result of the METAR incentives scheme introduced in 2017. The regulator has also announced a pilot renewables auction with the results expected early next year.
Google’s reverse auctions net 1.2 GW of renewables in 60 minutes
Google pre-qualified bidders and used reverse auctions to obtain the lowest price for renewable energy. Reverse auctions for corporate purchases could potentially benefit solar developers, if their transparency and simplicity can influence more corporations to procure green power.
Germany added 2.9 GW of solar in nine months
In September, PV systems with a total generation capacity of 287 MW were registered in the country. The feed-in tariff has fallen again for this quarter as a result of the new capacity additions.
Russian Far East sees 75 MW of large scale solar come online
Five PV power plants, each with a generation capacity of 15 MW, were grid-connected in the Russian Republic of Buryatia and the Zabaikalsky Territory. The projects were built under a program which offers generators capacity payments and the ability to trade on the wholesale energy market.
Saudi power company ACWA secures 200 MW bifacial solar project in Egypt
Saudi energy giant ACWA Power won the tender for the project in August thanks to a lowest final electricity price offer of $0.02752/kWh. Construction of the facility, which will use bifacial panels, is expected to be complete by April 2021.
French Development Agency helps Mozambique build 80 MW of solar capacity
Two PV plants are set to be built under the Project for Promotion of Auctions for Renewable Energies program, being implemented with the support of Mozambican utility Electricidade de Mocambique, which is likely to be the future off-taker of the solar energy generated.
Bidders line up for Ecuador renewables auction
The final results of the exercise, which attracted 22 participants, will be known on April 15. A 200 MW solar project will be assigned in the auction, with the winning bidder for that facility securing a 20-year power purchase agreement.
Russia’s RE auction concludes with surprisingly low bids
Hevel Solar and Fortum won the 148.5 MW worth of solar PV projects awarded in the auction. The Finnish utility, however, proposed a project CAPEX, which was almost half that of the Russian company’s.
Jordan: New policy allows public institutions to build, own 10 MW PV plants
Jordan’s Government has approved a new policy allowing all public institutions in the country to build and own a solar PV plant up to 10 MW. The first to benefit, Mutah University has launched a 10 MW tender.
Kyocera JV inaugurates 13.7 MW floating PV plant in Japan
A joint venture between Kyocera Corporation and Tokyo Century Corporation has completed a 13.7 MW floating solar PV plant in Japan.
