Bpifrance, Tikehau invest €150 million in Greenyellow
Upon completion of the transaction, the French national development bank and the asset manager will hold a 24% joint stake in GreenYellow. Funds will be used to help the Groupe Casino subsidiary accelerate its development phase.
France reveals winners of tender for large-scale storage in Corsica and overseas territories
Eleven storage projects with a power rating of 50 MW and storage capacity of 54 MWh were selected by the French Energy Regulatory Commission through the tender. One will be in Corsica, while Guadeloupe and Guiana will each have three projects. Martinique and La Réunion will each host two.
Niger streamlines 20 MW solar project at diesel-fueled thermal plant
The solar plant has been declared a project of strategic interest to fast-track construction. It will be located at the 100 MW Gorou Banda thermal power station commissioned 18 months ago.
Swedish PV market set for more growth
Although provisional statistics indicated the country had 230 MW of PV capacity at the end of last year, a new report reveals solar growth in 2017 was larger than expected – at 117.6 MW – and that cumulative installed capacity surpassed 300 MW.
Another solar PPA announced in Spain
Energy company Iberdrola will supply power to telecoms business Euskatel. The electricity will be generated by the 391 MW Núñez de Balboa solar plant the company is building in southern Spain, for which Iberdrola secured a first PPA last summer.
Micro and mini-grids to bring power to Indonesia’s off-grid communities
The government wants to help the provinces of eastern Indonesia – in particular Papua, which has the lowest electrification rate in the country. Policymakers are in talks with the Asian Development Bank and seeking advice for implementation.
Price of solar keeps falling in Lebanon
According to a report from the United Nations Development Programme, the turnkey price for solar in the nation declined by around 17.4% between 2016 and 2017 – and by 79% over the last seven years. By the end of last year, cumulative installed Lebanese PV capacity reached 35.4 MW.
Uzbekistan’s steeplechase towards renewable energy
French oil group Total has reached agreement with national utility Uzbekenergo to build a large-scale PV plant in Samarkand province. However, construction on a 100 MW project by China’s Syngyes has been suspended.
Spain may introduce additional measures to support self-consumption
A few days after the Spanish government introduced new rules for self-consumption and canceled the solar tax, the Spanish Parliament is now reviewing new provisions to reduce the time frame of the registration for a project under the self-consumption regime, while also simplifying bureaucratic procedures.
Floating PV to splashdown in Vietnam
A 47.5 MW floating solar power plant is being planned by Vietnamese hydropower producer Da Mi, a unit of Vietnamese power utility Electricity of Vietnam (EVN), at one of its water reservoirs in the south of the country. The Asian Development Bank is now considering financing the project. Meanwhile, Sharp has announced the completion of a 48 MW ground-mounted PV facility in the Eastern Asian country.
