Wärtsilä to deploy 75 MW (AC) of PV in Nigeria
The Finnish technology group has been awarded a contract by Pan Africa Solar Ltd to build a solar plant in Katsina State, northern Nigeria.
Enel breaks ground on 8 MW solar park in Panama
The Estrella Solar project will be completed in June 2018 and will be realized thanks to an investment of US$8 million.
Lowest solar bid in Argentina’s latest RE auction reaches $40.4/MWh
The average price of all solar bids in Argentina’s third renewable energy auction was US$48.9/MWh. The successful bidders will be announced next week.
Italy: Clarity on fiscal breaks for sustainable PV investments
The Italian government-run energy agency, GSE has made it clear that the so-called “Tremonti ambientale” fiscal incentive can only be combined with the incentives of the first two Conto Energia programs.
Mexico: Third auction sees 1.3 GW of contracted solar capacity
Solar was awarded 55% of the contracted energy and 58.3% of the clean energy certificates in Mexico’s latest auction. It concluded with an average price of $20.57/MWh, which represents a world record.
Brazil could contract 1 GW of PV in upcoming power auction
According to a report on Brazil’s auctions for large-scale solar and renewable energy projects, published by local consultancy company Greener, around 880 MW of PV projects selected in auctions are expected to become operational by the end of this year, while another 1.29 GW have good chances of being completed in 2018.
Increased competition in RE auctions raises risk of mispricing, Moody says
A report from Moody’s Investor Services on the importance of evaluating a series of factors other than declining costs of renewables and economies of scale, when approaching a competitive auction.
Germany awards contract to 69 MW solar plant in October auction
The auction’s final average price dropped under €50/MWh for the first time. Since January, PV projects exceeding 10 MW, and which are located in areas designated “bauliche anlagen,” have been allowed to participate in the auction. As a result, the largest winning project was a 69 MW solar facility.
China adjusts anti-dumping duties on polysilicon from South Korea
The new anti-dumping duties are effective from November 22 and range from 4.4% to 113.8%.
Chile completes interconnection of its two main power systems
The interconnection of the SIC and SING power systems will now enable the sale of energy from solar power plants installed in the north of the country to other regions.
