Solar power production reaches new high in Germany in July
With over 6.17 TWh, solar power generation surpassed its previous record of 5.93 TWh, set just two months earlier.
Ireland launches long-expected scheme for PV microgeneration
The program will be be grant aided, and will provide funds mainly for self-consumption projects. At a later stage, the scheme may also offer incentives for home battery storage.
Germany sees 342 MW of new PV capacity come online in June
The country’s cumulative installed solar PV capacity has now reached 44.3 GW. As a result of this strong growth, the FITs for rooftop solar will be further reduced.
France reports record share of renewables for Q2 2018
According to French grid operator RTE, it is the first time since the 1960’s that renewables have reached a similar share in the country’s power mix. Solar, wind and bioenergies contributed by covering around 10% of national demand.
Tages Helios obtains €425 million financing
The Italian fund will use the money to refinance its current PV plant portfolio consisting of 101 MW of facilities, and to finance further acquisitions planned by the end of this year.
Work never stops for big solar parks in Spain
The Balearic Islands have decided to fast-track a 42 MW solar project, which would raise the three island’s total installed generations by one third. Iberdrola has secured a PPA for its 391 MW Nuñez de Balboa projects. Moreover, several other PV projects have obtained approval from regional authorities.
Germany: Renewables beat coal for the first time
According to numbers released by German association BDEW, in the first half of the 2018, renewables contributed 36.3% to gross electricity generation, while PV increased its share to 7.3%. Furthermore, the association said that the market-driven, phased exit from coal-fired power generation is already in full swing.
Switzerland close to hitting 2 GW solar mark
According to new numbers provided by Swissolar, Switzerland’s solar market saw a 9% drop in new PV installations in 2017. Demand for PV installations up to 30 kW, however, remained strong.
Chad unveils plans for giant solar park
The project, the capacity of which could range between 200-400 MW, is being planned by Dubai-based Almaden Emirates Fortune Power LLC, a joint venture of holding investment company, Emirates Fortune Group and Chinese solar manufacturer, Almaden. If built, the facility will more than double the country’s current power generation capacity, and help reduce energy poverty.
Brazil’s Petrobras enters solar energy business
The Brazilian oil giant has signed a memorandum of understanding with its French strategic ally, Total and its subsidiary, Total Eren to invest in solar and on-shore wind projects in Brazil.
