The 20 MW solar project will be located on the hydroelectric reservoir at Lazer in the Hautes-Alpes, next to the Saint-Sauveur dam.
Two facilities were sold along with a 90 MW wind power plant generating the vendor around €700 million. Both solar projects were awarded 20-year PPAs in the most successful auction held by the Brazilian government, in August 2015.
The project, planned for the northern department of Atlántico, will compete in the nation’s renewable energy auction next month.
The funds will be used by the Argentinian government for solar and other renewable energy projects selected in the third round of the program. The guarantee package was approved by the World Bank in March.
The figure is represented by 39 utility-scale solar plants across 11 states and approximately 85,000 contracts for distributed-generation PV systems.
The Taiwanese market research company said the effects of the 5/31 policy shift in China were less severe than expected, and in 2018 the global solar market grew 4.9%, with approximately 103 GW of new additions. This year, the solar demand is forecast to rise another 7.7%.
Two power-to-gas projects promise to improve the technology. In Brandenburg, Edis and Gasag want to transform renewable power into hydrogen, driving sectoral coupling. And Sunfire has switched on its first co-electrolysis project.
Norway’s state-owned hydropower and wind company intends to deploy a 2 MW floating installation at its 72 MW hydropower plant in Albania’s Elbasan district.
The Brazilian module maker expects to start construction of a factory in the state of Tocantins in the second half of the year. The project is receiving support from the local ministry of environment.
Through the procurement, now at the pre-qualification stage, Moroccan state-owned utility ONE aims to build seven large-scale PV plants in the south and east of the country. German development bank KfW is a partner in the project.
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