The tender process was launched by Ethiopian power utility EPP in May 2016. The solar plant will be built in Metehara, around 200 km east of Addis Ababa.
In addition to ten project proposals for solar parks not exceeding 2 MW, the Albanian Ministry of Energy and Industry has also accepted an application for a 5 MW PV facility.
The Brazilian bank has agreed to finance three PV projects totaling 350 MW of the Italian energy giant Enel, and a 132 MW project under development by Norwegian companies Scatec Solar and a Statoil.
The tender, where capacity may even reach 500 MW, is part of the Oman government’s plan to diversify the country’s energy mix.
The U.S.-based peer-to-peer solar equipment leasing marketplace Sun Exchange will use the funds for its pipeline of commercial-scale solar power projects.
The Matatoa Solar Project was built and is being operated by China’s Zhuhai Singyes Green Building Technology Co. Ltd.
Most of the large revenue increase is due to construction revenues in Honduras and Malaysia and to project development margin on a transaction that the company closed with Norwegian oil producer Statoil in Brazil.
PV will compete with 3.8 GW of wind and a few hundreds of megawatts of less established renewable energy sources.
AES Dominicana’s 20 MW storage system helped maintain the power grid operational during the passage of Hurricanes Irma and Maria.
In the auction, El Salvador’s energy regulator CNE will select large-scale solar and biogas power projects. Meanwhile, PV is bringing down power tariffs in the country.
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