CEFC provides debt finance for Australia’s first wind+solar+storage array
The Clean Energy Finance Corporation will provide $94 million as the sole debt financier of Australia’s first co-developed wind, solar and storage array. The 60 MW Kennedy Energy Park is being developed by Windlab and Eurus Energy and will combine 43.2 MW in wind capacity, 15 MW of solar PV, and 2 MWh of battery storage.
A2A buys another 17.8 MW of solar in Italy
Through this second operation in the solar sector, the operational PV plants owned by the Italian power and gas provider have reached a combined capacity of 38.4 MW.
Large-scale solar is not ready for the spot market in Portugal
In an interview with pv magazine, President of the Portuguese renewable energy association Apren, António Sá da Costa, has explained why solar and renewable energy power plants selling electricity to the spot market are still unviable in the country, and has urged the government to introduce auctions.
NPC Incorporated closes fiscal year 2017 with JPY 498 million ($4.4 million) profit
The Japanese equipment provider also reported an increase in sales of 19.2% for fiscal year 2017. In the machinery business, the company said, all of sales of the large-scale deal were booked as planned.
Germany’s auction for large-scale solar concludes at €0.0429 per kWh
The average price for bids submitted in Germany’s auction for large-scale solar has fallen below the mark of €0.050/kWh for the first time. A total of 20 projects with a combined capacity of 222 MW were awarded by the Federal Network Agency.
Belarus’s biggest PV plant comes online
State-owned Belarusian oil company Belorusneft has finalized its 55 MW solar project more than three years after the initial announcement.
Portugal announces new solar plan
The proposal for the new plan is included in the draft state budget law for 2018.
Ukrainian government considering transition from FITs to auctions
The Ukrainian Association of Renewable Energy believes that the transition to an auction scheme may be premature and recommends digressive FITs as a way to reduce burden on consumers.
Belgian logistics company WDP invests another €25 million in solar in the Netherlands
The funds will be used to deploy around 25 MW of projects under the SDE+ program for large-scale solar and renewables.
sonnenCommunity expands into the United States
A 2,900 home planned development in Arizona will feature electricity trading between a network of PV and battery systems, as a grid-tied microgrid that will also absorb excess power at strategic times for the local grid.
