The auction was open to solar, wind and hydropower. Projects selected in the tender must be commissioned between 2018 and 2022.
The Committee for the Environment of the Brazilian Senate has approved a bill to modify the legislation of the electric system and grant access to the country’s energy auctions to large-scale hybrid renewable energy projects.
The Cuban province of Sancti Spíritus, which will host the plant, is planning to deploy 63 MW of PV capacity by 2019.
RWE and Engie could be intertwined soon. According to Reuters, the investment banks of both energy providers are currently examining different options. The article reports that RWE could sell to the French energy giant all of its majority stake in its renewable energy unit Innogy, or a part of it. Reuters cites the investment banks involved in the operation as a source.
Starting 2018, 400 MW of capacity will be allocated every year in joint auctions for wind and solar projects. German association BSW-Solar asks for a level playing field, and recommends other instruments to promote Germany’s Energy Transition.
The Helsinki-based company has taken a step further in strengthening its position as a global energy systems integrator. Greensmith´s software is used in Wärtsilä´s new hybrid power plants.
The funds will be devoted to large-scale wind and solar projects across Brazil.
The Mexican government announced the timeline for the upcoming renewable energy auction. Technical bids must be submitted in September.
Minister of energy Gonzalo Tamayo said that Peru’s next auction will likely take place in 2018. The ministry is now reviewing several projects selected in the 2016 auction which are not being implemented.
The governments of Sweden and Norway have come to an agreement on how the electricity certificate system for renewable energies will be further implemented. The joint market-based support system of the two Scandinavian countries is open to power plants utilizing biofuels, wind, solar, hydro and tidal energy.
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