FVR closes financing for 50 MW of solar in Spain
Grupo Cobra will be responsible for the construction of the plant, which will comprise 151,500 PV modules of 330 Wp, mounted on a horizontal single axis solar tracking system and 27 inverters. The facility will occupy an area of 161.2 hectares.
A2A, Talesun plan 300 MW of grid-parity PV projects in Italy
The Italian power and gas provider and the European subsidiary of the Chinese module maker have created a join venture, which will acquire Talesun’s existing Italian PV plant portfolio of 43.2 MW and develop another 300 MW of market parity projects.
Puerto Rico utility favors LNG over solar in Siemens plan
The Puerto Rico utility’s favored generation plan, in a report prepared by Siemens, involves an LNG terminal at San Juan and would achieve only 55% renewables by 2038. A scenario without LNG would reach 79% renewables by 2038 at comparable cost, based on undisclosed cost assumptions.
Spain wants 100% renewable electricity by 2050 as part of climate change strategy
The Law on Climatic Change being prepared by the Spanish government provides greenhouse gas emissions be reduced by 20% compared to 1990 levels in 2030, and that the electric system has 70% generation from renewable energy sources. By 2050, the targets will be raised to 90% and 100%, respectively.
IHS revises up outlook for Chinese solar to 40 GW after underestimating demand
Around 34.5 GW of PV was installed in China in the first three quarters – 1.5 GW more than expected by IHS analysts, who have raised their full-year guidance.
German government devotes €1bn to battery cell production
The Federal Ministry of Economics has published further details of possible battery cell production on a gigawatt scale. At the Networking Conference Electromobility 2018 in Berlin this week, Minister Peter Altmaier stressed the urgency of the project, for Germany and Europe to be independent of Asia and the US in storage technology.
Czech Republic may exclude PV from future renewables auctions
Once a leading European PV market, the Czech Republic may resume development of large-scale renewables from 2021. Only wind, hydro and biomass projects, however, will be eligible, under a proposal from the Ministry of Industry and Trade. Only rooftop solar, of up to 1 MW, would be backed by a ‘feed-in premium’ scheme.
Four key takeaways from Key Energy – Italy’s main PV event
Italy’s main solar event, held in Rimini last week, saw an increasing number of visitors this year. The Italian solar market, however, has not come through on its capacity expansion promises, due to lower than expected development in the PPA segment for large-scale solar; although the upcoming renewables decree, expected to be issued by the end of this year, may spur development through a series of auctions and tenders. Residential and commercial PV continue to sustain the country’s solar growth.
EU Parliament approves RE directive
The European Parliament has today approved half of the eight legislative proposals of its Clean Energy Package, including the recast Renewable Energy Directive.
Bangladesh tenders 100 MW PV project
The solar park is set to be build in Sonagazi, on the southeastern coast of Bangladesh and must be developed under a joint venture with local power utility EGCB.
