Akfen Renewable Energies to receive $363 million loan for PV & wind projects
Turkey’s Akfen Renewable Energies this week signed a new $363 million loan with six international and Turkish banks, to build 327 MW of new solar and wind power capacity.
Italy extends fiscal incentive for residential PV to storage
The Italian Revenue Agency has clarified that the purchase and installation of a residential storage system linked to a rooftop PV system may also take advantage of the 50% of Irpef deduction, an indirect incentive that has played a major role in driving solar growth in the residential and commercial segments over the past years.
EDP secures 15-year PPA for 199 MW PV project in Brazil
The company’s renewable energy unit EDPR will sell power to an unnamed client from a solar plant to be located in Ferreira Barreto, in the Brazilian state of Sao Paulo. The Portuguese utility and wind power specialist began making investments in solar in recent times.
Enel Green Power breaks ground on tender’s first 85 MW solar farm in Spain
The site is the first to be constructed after last year’s exercise. A total of 3.9 GW was awarded, signaling a comeback for the Spanish solar market. The president of Spain’s solar association says there is 21 GW potential projects waiting to compete in future tenders.
Turkey to launch 1 GW PV tender in January
Strong local content requirements may be embedded in the tender, according to the first draft of its rules, with selected projects required to rely on a 60% quota of modules made in Turkey. A 30 MW/ 90 MWh (AC) storage project will also be included at one of the three sites identified for the tender.
Solar all set for another record in Germany
Around 40 billion kWh of clean electricity will be generated by PV systems in Germany during the first nine months of the year. According to calculations by the German Solar Industry Association, the total generation figure from last year will soon be reached.
Akuo plans France’s largest floating solar plant
The 17 MW installation, to be located in the southern region of Provence-Alpes-Côte d’Azur, is expected to begin commercial operations in March.
World Bank to help Afghanistan tender 40 MW solar project
The International Financial Corporation will help the country’s government competitively tender the project, which is expected to be developed through a public-private partnership.
Netherlands begins inquiry into fire accidents involving rooftop PV
The investigation will be carried out by the Netherlands Organisation for Applied Scientific Research on behalf of the national enterprise agency and at the request of PV association Holland Solar and Uneto-VNI, the country’s installers’ association.
Neoen prepares for €450 million IPO
Through the listing on the French stock market, the independent power producer hopes to raise enough capital to increase its renewable energy assets from 2 GW to 5 GW. Impala intends to subscribe to the offering and remain majority shareholder.
