Solar had likely the largest share of the 472 projects awarded in the auction, which was open to PV, wind and hydropower projects up to 1 MW.
The Chilean authorities will begin accepting project proposals for the 2017 power auction starting from October 11.
The 1 MW plant on the site of half-built nuclear power plant in Tennessee is a harbinger of things to come in the U.S. and global electricity mixes, as demonstrated in March and April.
The new provisions will come into force in the fall. Renewable energy associations and organizations ask for improvements in order to make the scheme really attractive.
The solar facility will be built by Italian PV developer Ternienergia in the south of the country.
The project is planned to be developed in the municipality of Talaván, in the southern region of Extremadura.
Through the scheme, the Caucasian country will support wind, solar, biomass, and hydropower generation installations with a capacity of up to 100 kW.
Pacific Renewable Energy Investment Facility created by the Asian Development Bank to finance series of clean energy projects in 11 smallest island nations of the Pacific.
The government of the archipelago is planning to decommission parts of thermal power plant Es Murterar and to increase the share of renewables through the deployment of large-scale PV capacity.
Serbia needs to adopt a set of amendments to the current Energy Law, which envisages support for renewable energy, in order to harmonize its legal framework with the European Union’s acquis, says EU energy watchdog.
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