Brazilian PV market is maturing faster than expected – comment
The strong performance delivered by PV in Wednesday’s auction has demonstrated the solid market fundamentals of Brazil’s solar sector, and an improving competitive landscape. The winners of the auction included both major international players and local companies. Despite the auction’s surprising outcome, which was also driven by cheaper equipment and a stronger Real, PV technology will not be included in the upcoming A-6 auction.
Tunisia to issue 300 MW tender for large-scale solar
The announcement was made by Prime Minister Youssef Chahed. The tender is set to be published on April 27.
Engie wins Senegal’s 60 MW PV tender with bids under €0.040/kWh
The French energy giant will now build a solar PV power plant in Tauba, central Senegal, which will sell power at €0.0380 per kWh, while a second plant selling electricity at €0.0398 per kWh will be constructed in Kahone.
RE generation capacity topped 2,179 GW in 2017 – IRENA
According to the latest statistics from the International Renewable Energy Agency (IRENA), global renewable energy (RE) generation capacity hit 2,179 GW last year. Leading the charge were renewable hydro, onshore wind and solar PV.
Sunlight Financial raises $225M for residential solar loans
The US residential solar finance provider sees the capital covering approximately 9,000 solar loans at $25,000 each.
Vattenfall resorts to crowdfunding for its Dutch PV projects
Nuon, the Dutch subsidiary of Swedish energy giant, Vattenfall, is offering bonds to its customers, as well as to customers of other power providers, in order to raise additional funds for the financing of its solar project pipeline in the Netherlands.
Turkey registers another 648 MW of unlicensed PV capacity in March
Since the beginning of 2018, newly registered unlicensed solar up to 1 MW has reached over 1.1 GW, while total cumulative capacity has topped 4.59 GW.
Netherlands’ Energyra starts construction on 100 MW module factory
The Dutch solar PV panel maker has received financial support from the government of region of North Holland, where the manufacturing facility will be located. The first module shipments are planned for the end of 2018.
IEA leads governments off the Paris Agreement track, report states
In a new report out today, Oil Change International and the Institute for Energy Economics and Financial Analysis (IEEFA) have taken the International Energy Agency (IEA) to task for misleading governments on climate policy through its energy forecasts.
Brazil allocates 806 MW of solar in A-4 auction, final average price drops to $35.2/MWh
Around 20 GW of solar PV projects were initially competing in the contest. PV was again the source with the largest share, accounting for around 80% of total assigned capacity. The final average price for solar was 118 BRL (US$35.2)/MWh.
