solar energy

Unlike its three previous funds, which focused on plants in operation, the Spanish asset manager will raise €300 million for the construction of plants without subsidies.

According to the Solar Energy Roadmap, released by Turkish PV association, Günder, the country may even achieve 38 GW of installed solar power by 2030. Several factors, however, could hinder this projected growth.

Although the Italian solar market registered an 11% drop in new PV installations in the first eight months of 2018, by the end of the year, it will likely surpass 20 GW of cumulative installed solar power. No large-scale PV facilities have been grid connected so far this year, but monthly average growth remains in line with that of the previous two years.

Funds totaling €36.7 million have been awarded by Germany’s development bank KfW and the European Union. The project is set to be located in Boundiali, in the northern part of the Sub-Saharan country.

New deals or projects related to the sale of solar power to big energy consumers were announced in Brazil, Panama, Mexico, Colombia, and Chile over the past weeks.

While a large floating solar power plant is being planned in Ukraine, within a huge renewable energy complex at the water reservoir Kakhovka, the Asian Development Bank has targeted Afghanistan, Azerbaijan, and the Kyrgyz Republic as three countries possessing strong potential for this emerging technology.

The realization of Egypt’s 1.8 GW Benban solar complex has posed a long series of challenges to its numerous developers. The creation of the Benban Solar Developers Association (BSDA) has helped move the project forward amid initial grid constraints and several logistical issues, among others. Although only one of the 33 projects has now reached completion, all are set to be grid-connected by June 2019 – the final deadline set by the Egyptian government, according to Assem Korayem, a member of the BSDA and the operating general manager at Access-Power Egypt. In a conversation with pv magazine, he provides an extensive update on the current status of the huge PV complex.

Overall, the United Kingdom reached a cumulative installed PV power capacity of 12.93 GW as of the end of August. Around 45% of this is represented by solar parks exceeding 5 MW in size, while another 20% come from residential installations up to 4 kW. Newly installed PV capacity for the first eight months of this year was just 155 MW.

From January to September 2018, solar PV systems generated 36.8 TWh in Germany, which is 13% more than they did in the first nine months of the previous year.

The Ministry of Energy and Mineral Development of the Sub-Saharan country is currently seeking advice for its Decentralized Renewables Development Program, which includes an off-grid master plan for the electrification of islands on Lake Victoria and the creation of a pilot program for solar net metering.