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Renewable Energy

Work begins on 4.4 MW PV plant in Cuba

The Cuban province of Sancti Spíritus, which will host the plant, is planning to deploy 63 MW of PV capacity by 2019.

RWE considering sale of minority stake in renewable energy unit Innogy to Engie, report

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.

German government releases draft of future joint auctions for solar and wind

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.

Wärtsilä takes over U.S. storage specialist Greensmith

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.

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Brazil’s BNDES raises $1 billion through issue of green bonds

The funds will be devoted to large-scale wind and solar projects across Brazil.

Mexico to hold third renewable energy auction in November

The Mexican government announced the timeline for the upcoming renewable energy auction. Technical bids must be submitted in September.

Peru will not hold renewable energy auction in 2017

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.

Sweden and Norway extend joint electricity certificate system for renewables to 2030

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.

Argentina seeks to secure Chinese support for 300 MW solar project in Jujuy province

A delegation of Argentina’s Ministry of Finance has met with representatives of the Chinese government to discuss, among other things, the financing of the 300 MW solar project selected in the first national renewable energy tender of the RenovAr program.

Mexico publishes requirements for clean energy certificates

The Mexican Government intends to facilitate the planning of renewable energy projects over the next years. Clean energy certificates, which apply to power provider and industrial consumers, will increase from 7.4% in 2020 to 10.9% in 2021 and 13.9% in 2022.

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