solar energy

According to Deloitte’s annual “Resources 2017 Study – Energy Management: Sustainability & Progress,” grid parity, driven by technological advances and plunging prices, has allowed consumers and businesses to choose clean energy over more traditional fossil-fuel options, with increasing solar use being most consumers’ top priority.

The auction was open to solar, wind and hydropower. Projects selected in the tender must be commissioned between 2018 and 2022.

An undisclosed sum was provided by seven different lenders for the 800 MW third phase of the giant solar park.

The 50 MW Burnoye Solar-2 project will require a total investment of approximately $80 million and will be located in the southern region of Zhambyl.

The Chinese PV manufacturer has achieved a new efficiency breakthrough for its PERC solar cells, with the help of nanostructured black silicon. GCL-SI plans to reach an efficiency of up to 21.0% by the end of this year.

The German government selected 32 project proposals with a combined capacity of 201 MW in the auction. For the first time, it was possible to submit proposals for large-scale PV projects on agricultural land in the regions of Bavaria and Baden-Württemberg. This has considerably lowered the biddings.

The Committee for the Environment of the Brazilian Senate has approved a bill to modify the legislation of the electric system and grant access to the country’s energy auctions to large-scale hybrid renewable energy projects.

A draft of the new rules was submitted to public consultation by the Argentinean government. The new regulation, if implemented, would authorize the sale of power to large industrial power consumers by direct agreement.

The country’s power utility is currently seeking legal advisors for the tender it intends to launch for its first large-scale solar project.

The Alcazar II solar project is being developed in the 1.8 GW Benban solar complex by UAE-based Alcazar Energy.