IE signs investment deal with Alten RE for up to 600 MW of sub-Saharan Africa PV projects
A deal, worth up to US$36 million, has been signed by South Africa’s Inspired Evolution (IE), under which it will invest in Alten RE Developments Africa B.V. Over 600 MW of solar PV projects are set to be developed.
Increasing 2030 RE share positive for EU economy, IRENA report shows
Under the REmap case study for the EU, presented by the International Renewable Energy Agency (IRENA) in its latest report, solar PV and wind power will account for the bulk of capacity additions in the power sector by 2030. The potential identified for solar PV amounts to 270 GW, an 86 GW increase on the business as usual scenario.
Solar to lead global renewables growth for next five years — KPMG
Investors throughout the world made 406 investments in large-scale renewables in 2017, collectively valued at roughly €40.1 billion (US$49.5 billion), but solar is set to grow more in terms of capacity than any other clean-energy technology over the next half decade, according to a new report. Battery storage will play a crucial role in this, it found.
Vattenfall signs 3 PPAs for 38 MW of PV in the Netherlands
The Swedish power company has signed three private power purchase agreements (PPAs) for solar PV power plants totaling 38 MW in the city of Uden.
India: Topaz Solar plans 1.2 GW solar module, 500 MW cell manufacturing fab
As a first phase, Topaz Solar Private Limited has said it will set up a 500 MW solar PV module manufacturing facility in India’s northeastern state of Odisha. Production begin is aimed for 2019. It will seek to increase this capacity by another 700 MW, and add 500 MW of cell manufacturing under a second phase.
Spain’s Balearic Islands proposes ambitious 100% renewable energy law
Blasting the Spanish Government for its lack of renewables action, the Balearic Government has today issued an ambitious Climate Change Law designed to kick start a renewable energy transition on the four islands of Mallorca, Menorca, Ibiza and Formentera. Overall, it aims to cover 100% of energy demand with renewables by 2050. 230 MW of solar PV are alerady in the pipeline.
Cleantech Solar awarded 27 MW of rooftop solar across three Asian countries
The leading solutions provider for corporate customers in Asia has inked long-term PPAs with three different firms, effectively augmenting its current portfolio that has been expanding since last November.
Belgian solar market grew by 50% in 2017
While new PV additions in 2017 totaling 264 MW, the country’s cumulative PV capacity had reached 3.8 GW. The market’s main driver remains residential PV.
Lebanon to launch 360 MW solar tender
The new tender will be issued as soon as the ongoing tender for 180 MW of solar projects has concluded. The new round will select another 24 large-scale solar projects, and will be open to bidders that failed to qualify for Round 1.
Total invests in semiconductor, PV research
The parent company of SunPower and the French National Research Agency have launched a new initiative aimed at developing new plasma processing methods for semiconductors and solar PV.
