ACWA wins Saudi Arabia’s 300 MW solar tender
The Saudi energy company submitted the second lowest bid, an LCOE of 0.08872 SAR ($0.0236) per kWh, while the excluded competitor, a consortium led by Japan’s Marubeni, had offered 0.09976 SAR ($0.0266) per kWh.
French Development Agency issues tender for Benin’s first solar park
The 25 MW project is being financially supported by the European Union and the AFD with €60 million.
Tesla shows interest in Chilean lithium
The head of the Chilean Economic Development Agency (Corfo), Eduardo Bitran said that Tesla may partner with local lithium manufacturer, SQM in the construction of a factory. The Chilean government and SQM have recently settled a dispute that began in 2014.
Section 201 solar tariffs to be felt across market segments (w/chart)
GTM Research has issued new details, which show that distributed solar installations will also see a more than 10% decline from the base case through 2022.
Jenner Renewables reaches financial close for 146 MW PV project in Chile
The portfolio consists of 12 solar plants to be developed under Chile’s PMGD Program for distributed generation.
Canadian Solar acquires 51% stake in five Photon Energy projects in Australia
Chinese module maker and project developer Canadian Solar has acquired a 51% stake in project pipeline of five utility scale solar farms in New South Wales. The projects, which are at an early stage, were initiated by Netherlands-based Photon Energy NV.
Sri Lanka issues tender for 90 MW of solar
The Ceylon Electricity Board (CEB) is tendering 90 PV power plants with a capacity of 1 MW each. The deadline to submit project proposals is March 23, 2018.
Burkina Faso announces plan to build eight solar parks totaling 100 MW
All of the eight projects, planned for seven different regions, will be awarded a declaration of public utility. The new facilities are expected to improve the country’s power supply, which still relies heavily on fossil fuels and imports.
Argentina grants dispatch priority to three private PPAs for 26 MW of solar
The three projects will all be located in the north of the country, one of the regions with the world’s highest levels of solar irradiation.
Actis acquires SunPower’s 100 MW project in Chile
Through this operation, the U.K. investor, which already owns a 40% interest in the Javiera solar plant located in the Antofagasta region, consolidates its position in the Chilean solar market.
