Green Climate Fund provides another $110 million for solar and renewables in Kazakhstan
Funds comprise $106 million in concessional finance and $4 million in technical assistance grant.
Spanish scientists use magnetic electrodes to increase efficiency of fullerene-based solar cell
A spanish research team from Ikerbasque has created a fullerene-based cell that is also capable of turning direct current into alternating current.
A2A buys PV plants totaling 17 MW in Italy
Through this operation, the Italian power and gas provider is further expanding into the solar sector.
AfDB to co-finance 50 MW of solar in Burkina Faso
The African financial institution plans to help Burkina Faso electrify Northern Dorsal Africa through solar power plants alongside with smaller projects such as solar pumps and lamps in rural areas.
Statoil acquires 40% of Scatec’s 162 MW solar project in Brazil
The Norwegian oil company has also formed a 50/50 joint venture with the fellow solar developer to build and operate large-scale PV plants in Brazil.
GCL-SI secures 62 MW module order from Brazil
The Chinese module maker will provide local engineering company WEG with its GCL-P6/72 325W panels.
Saudi Arabia’s 300 MW solar tender may conclude with lowest bid ever
A consortium formed by UAE-based Masdar and French energy giant EDF has offered to deploy all the tendered capacity at a LCOE of 0.06697 SAR ($0.0178) per kWh. In addition, seven of the eight bids were under $0.03 per kWh. The tender’s bidders will be announced by the end of January 2018.
Armenia announces commissioning of first PV plant under special regime for solar of up to 1 MW
The Armenian government introduced a special tariff for PV projects up to 1 MW in late 2016.
Chile’s installed PV capacity tops 1,748 MW
Developers connected around 700 MW of solar to the Chilean grid In the first eight months of this year.
Hareon, ReNew commission 172 MW in India
The Dichpally solar plant in the state of Telangana, commissioned ahead of schedule, is the largest joint-venture project between Hareon Solar Technology and ReNew Power Ventures in India.
