‘Portugal’s bid of €0.01470/kWh is not the price of PV’
Antonio Delgado Rigal, chief executive of energy forecasting service Aleasoft, says the lowest final price of €0.0147/kWh announced by the Portuguese government from its recent solar auction does not reflect the real costs of PV and is no indicator of the future price of power in the electric market. More details of the auction are emerging and Iberdrola and Akuo appear big winners.
Lowering emissions without breaking the bank in India
A combination of carbon pricing and a renewable portfolio standard for electricity companies in India will be more effective than either measure in isolation to help the nation meet its climate change targets, according to a study by MIT researchers.
Togo launches first large scale solar project
After joining the Scaling Solar initiative in mid-July, the sub-Saharan country has revealed where its first 30 MW PV plant will be built.
Namibian utility unveils 40 MW solar capacity plan
NamPower has announced two 20 MW solar projects as part of a 220 MW renewable energy strategy. One will be owned and operated by the utility and the second will be tendered in the near future.
Germany installed 2 GW of solar in six months
After a strong start to the year, demand for PV systems has slowed because of FIT reductions. Solar subsidies will fall by a further 1.4% per month until November.
Greenrock Energy to build 300 MW of solar plant capacity in Italy
The German company has already secured project rights for PV projects with 200 MW of generation capacity. Another 100 MW should follow this month.
Wacker’s results affected by low polysilicon prices
The Munich company hopes the PV market will pick up in the second half, driven by demand in China. Wacker Chemie also expects rising prices for polysilicon.
Benin launches 50 MW solar tender
Bidding for pre-qualification to the tender is open to developers until August 19. The projects are being developed in the frame of the Millennium Challenge Account-Bénin II (MCA-Benin II) program.
Ecuador to kick-off 500 MW renewables auction
Through the procurement exercise, the Ecuadorian government will select wind, solar and mini hydropower projects. Selected developers will be granted a 25-year PPA, while the sole off-taker of the generated energy will be state-owned utility Corporacion Electrica de Ecuador, S.A. (CELEC).
Poland launches €235 million solar rebate program
The Mój Prąd scheme will be open to residential rooftop PV projects ranging in size from 2 kW to 10 kW. Furthermore, the Polish Parliament approved a new act that will allow for the wind and solar auctions planned for this and next year to move forward.
