The Norwegian PV developer was allocated three of the five projects available in the procurement exercise, having reportedly offered to accept $0.025/kWh from utility Société Tunisienne de l’Electricité et du Gaz for the clean power produced by the largest, 200 MW slice of generation capacity available.
With power production up 133% year-on-year, revenues and EBITDA also rose significantly.
The German project developer beat rival Scatec Solar to land the contract for a facility which will sell solar electricity to the Bangladeshi government for $0.1094/kWh for 20 years.
Scatec Solar moved into the Malaysian Solar market in late-2016. The company sealed financing for 197 MW of capacity with the help of the country’s green bonds, the year after. Malaysia is continuing on its solar trajectory and will hold the third iteration of its tenders for the allocation of an addition 500 MW in generation capacity.