Attijari bank finances Tunisia’s solar rebate program with $73 million
The funds will be used by local state-owned utility STEG to support the deployment of 85 MW of new residential PV capacity across the Northern African country.
Azores to host its first MW-sized PV plant
The solar project Central Fotovoltaica do Corvo will be built by EDA, the Portuguese archipelago’s power utility, and will be used to reduce the island of Corvo’s reliance on fossil fuels.
Energy majors, traders and banks unite to create blockchain platform
Some of the world’s largest and most notable energy companies, traders and financial institutions have united to create a blockchain-based digital platform that replaces the current manual tasks in the energy sector with digital contracts.
Kosovo announces auction scheme for solar
Through the new scheme, the local goverment hopes to attract investments in the amount of €100 million.
Ghana’s Volta River Authority secures funds to deploy 12 MW of solar
The funds will be granted by Germany’s KfW and will be used to build two large-scale PV power plant’s in Ghana’s Upper West Region.
Colombia to launch auction for large-scale solar and renewables
In the auction, which will be held before the next presidential elections in May 2018, the Colombian government will select large-scale solar, wind and biomass projects.
Beximco secures 20-year PPA for 200 MW PV project in Bangladesh
The solar facility will sell electricity to local power provider BPDB at a price of $0.15/kWh.
Germany’s solar, wind generation hits high in October
PV and wind power systems generated 15 billion kWh of electricity in Germany in October, with renewables accounting for 44.1% of demand.
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.
