Private PPAs for renewables reach 5.4 GW in 2017, BNEF says
Last year’s result surpassed by more than 1 GW the results registered in 2015 and 2016, when the combined capacity of this market segment reached 4.4 GW and 4.3 GW, respectively.
Hungary to launch 300 MW solar program for farmers
The new scheme envisages the construction of 600 solar farms with a capacity of 0.5 MW each.
Turkey added 1.17 GW of solar in December alone
According to new figures from the local grid operator, Turkey’s cumulative installed PV capacity has reached 3.42 GW, as of the end of 2017. The end-of-year rush was due to the 25% FIT reduction granted to unlicensed projects, which came into effect on January 1.
South Africa: Outstanding PPAs for solar, renewables to be signed by end of March
The announcement was made by the South African Wind Energy Association (SAWEA). The PPAs relate to 26 renewable energy projects, of which 12 totaling 813 MW are for large-scale PV plants selected in round 4 of the REIPPPP program.
OPDE plans 50 MW solar plant in southern Spain
The Spain-headquartered EPC has submitted a proposal for approval to build a solar park in Mérida, in the region of Extremadura.
Turkey to introduce net metering scheme for residential PV
The new rules are expected to come into force in the first half of this year. PV systems ranging in size from 3 kW to 10 kW will be entitled to have access to the scheme.
EU Parliament votes in favor of 2030 binding renewable energy target of 35%
The European Parliament has approved a proposal to raise the target submitted by its Committee on Industry, Research and Energy (ITRE) in late November.
China drags global clean energy investment to $333.5bn in 2017, finds BNEF
Despite approximate 25% fall in solar costs per MWh against 2015, last year saw more than $333 billion invested in clean energy, with global solar deployment figures topping 53 GW, finds new Bloomberg New Energy Finance report.
Shell to acquire 44% stake in US solar developer Silicon Ranch
The pioneering US solar developer will now be backed by Europe’s largest oil and gas company.
Brazil’s government to review project for Brazilian-Paraguayan vertically integrated PV production
The feasibility study for the 1.7 GW Green Silicon project was conducted by Germany’s Fraunhofer IPA, Fraunhofer ISE, Viridis-iq and ZSW in 2015. The project is being developed by the local hydropower producer, Itaipú in partnership with the industry trade association of the Brazilian state of Paraná, and with the support of German industry association, Solar Cluster Baden-Württemberg.
