Serbia to auction at least 400 MW of wind, solar
The Serbian government plans to launch its second renewables auction this year in a bid to procure at least 400 MW of wind and solar power.
Kosovo to auction 950 MW of renewables, 170 MW of battery storage
Kosovo plans to auction off 950 MW of renewables over the next two years, to the tune of €1.2 billion ($1.29 billion).
Serbia allocates quota for solar auction, determines market premium
The Serbian government has allocated a quota of 50 MW for its first solar auction. Solar plants with capacity of more than 500 kW will be allowed to participate in the competitive tendering process, with the ceiling price set at €90 ($96.10)/MWh.
Poland allocates 486 MW of solar in latest renewables auction
Poland’s Energy Regulatory Office has awarded 486 MW of solar in its latest renewables auction, which was largely unsubscribed. It allocated 150 MW for installations smaller than 1 MW, with a lowest bid of PLN 0.24477 ($0.056)/kWh, and 336 MW for larger installations, with a lowest bid of PLN 0.23677/kWh.
China could drive 4.2 TW of solar capacity by 2050 under decarbonization plan
The solar and wind industries could benefit from a $6.4 trillion boom under the most ambitious of two scenarios described by Bloomberg New Energy Finance, and $2.4 trillion even in the business-as-usual outlook.
Auctions show Indian renewables still primed for growth
A report by the Institute for Energy Economics and Financial Analysis says there is plenty of investment capital available for Indian renewables, despite pandemic disruption.
Covid-19 weekly briefing: US residents ponder solar during lockdown, Aussie installers wonder what might have been and the Indian EV industry calls for help
Plus, Italian developers continue to dig deep for their health service, the pandemic piles on problems for a debt-saddled Chinese company and analysts consider whether there will be any money left for a green economic recovery after the dust settles.
Covid-19 weekly briefing: Merchant solar developers could seek shelter in return to subsidies and PPAs are being revisited, but at least the Irish are coping with lockdown measures
The unfolding effects of the Covid-19 crisis, and fears of a possible second wave, have split analysts trying to guess how the unsubsidized renewables market will emerge as slumping demand continued to distort power markets. pv magazine rounds up the week’s coronavirus developments.
Forestalia plans additional 1.3 GW of solar in Spain
The Spanish company plans to develop 66 solar and wind parks that will add 3 GW of renewable energy generation capacity in 50 municipalities near Teruel, Aragon over the next four years. Some 34 facilities will be solar plants that will add 1.3 GW as part of an investment of more than €2.4 billion.
