Philadelphia Solar secures PPA for 68 MW solar facility in Jordan
The solar module maker expects to reach financial close for the project in the third quarter of this year.
Belgium: Flemish solar market grew by 188 MW in 2017
Almost all of last year’s newly installed PV capacity comes in the form of residential PV systems not exceeding 10 kW, installed under net metering.
Sri Lanka issues tender for 90 MW of solar
The Ceylon Electricity Board (CEB) is tendering 90 PV power plants with a capacity of 1 MW each. The deadline to submit project proposals is March 23, 2018.
Burkina Faso announces plan to build eight solar parks totaling 100 MW
All of the eight projects, planned for seven different regions, will be awarded a declaration of public utility. The new facilities are expected to improve the country’s power supply, which still relies heavily on fossil fuels and imports.
Argentina grants dispatch priority to three private PPAs for 26 MW of solar
The three projects will all be located in the north of the country, one of the regions with the world’s highest levels of solar irradiation.
Scatec solar reports significant growth in revenue, profits in full fiscal 2017
The Norwegian developer had 322 MW of PV projects in operation and 394 MW under construction at the end of the fourth quarter of last year.
Actis acquires SunPower’s 100 MW project in Chile
Through this operation, the U.K. investor, which already owns a 40% interest in the Javiera solar plant located in the Antofagasta region, consolidates its position in the Chilean solar market.
Financing PV projects in Iran remains challenging
Interview: Iran intends to build new PV and wind power plants totaling 5 GW in the coming years. The first PPAs have already been signed. Among them, Germany’s Geon secured a FIT contract for a 120 MW solar park. The company’s managing director, Sharam Roghani explains why this is only half the battle and why financing projects in Iran remains difficult. He has not found a lender yet, and time is running out.
Netherlands installed 853 MW of solar in 2017, monocrystalline modules dominate
According to new numbers released by Good!/Solar Solutions, the Dutch solar market grew by 60% last year. PV currently covers approximately 2.2% of the country’s power demand, while monocrystalline modules accounted for around 60% of last year’s solar panel sales.
Spain’s Canary Islands to launch 100 MW solar auction this year
The government of the Spanish archipelago, which also announced a 300 MW wind power auction for this year, aims to cover 45% of its energy needs with renewables by 2025.
