Tennet, Sonnen start blockchain project for grid stabilization
The pilot phase will be implemented during a six-month period. Interconnected residential PV storage systems from Sonnen will be used to stabilize the power grid via blockchain.
Spanish PV could go merchant but market must change
José Donoso, the president of Madrid-based solar association UNEF, recently spoke to pv magazine about Spain’s latest renewable energy auction, under which 3.9 GW of solar was allocated. He also talked about the spot market, private PPAs and the ways in which future auctions can facilitate the further development of large-scale solar.
Malta launches incentive scheme for solar farms larger than 1 MW
With this new scheme, the Maltese government hopes to deploy around 50 MW of PV capacity over the next three years.
Chile’s auction concludes with average price of $32.5/MWh
The Chilean government has allocated approximately 600 MW of renewable energy capacity in the auction.
EBRD to provide financial assistance to International Solar Alliance
International Solar Alliance (ISA) and the European Bank for Reconstruction and Development (EBRD) have signed the joint financial partnership declaration to support solar energy projects developed under ISA programs.
Quebec-based pension fund La Caisse keeps investing in solar
After providing Canadian rooftop solar specialist Potentia Renewables with $83 million in May, Canada’s second-largest public pension fund has now agreed to finance U.S. solar installer Sunrun with $40 million.
Switzerland pushes for more solar
The Swiss Federal Council has published the rules for the Energy Strategy 2050. Swissolar finds this will create the conditions for the PV market to surpass the threshold of 300 MW per year.
Madagascar commissions its first solar-plus-storage project
A solar facility made up of 720 solar PV modules and coupled with a 315 Kwh storage system is expected to power several communities of the Bongolava region.
Italy installed 323 MW of solar in first nine months of 2017
The Italian solar market has grown by 13% so far this year and by 6% in the third quarter. New additions for September reached 32.2 MW.
EDF partners with Elsewedy Electric on 100 MW of solar in Egypt
The renewable energy arm of the French utility and the Egyptian manufacturing company will build the PV facility at the Benban solar company.
