Blockchain project Solar DAO will action its first PV plants, in Kazakhstan
The world’s first digital, autonomous, closed-end, utility-scale PV project investment fund – enabling people with any budget to become co-owners of projects – has announced the implementation of its first arrays, in Kazakhstan, with 4 MW in the north-west of the country and 4 MW in the south. Solar DAO says it will save about $50,000 per MW since total development costs will be less than $5,000 per MW.
$758 million financing for the first PV-CSP plant in Latin America
Chilean company Cerro Dominador have announced the signing of a $758 million deal to finance the first combined concentrated solar power-PV project in Latin America – a 210 MW scheme in the Atacama desert
The unstoppable tide of solar illustrated by the rise of floating projects
Price deflation and technological innovation are helping solar transform the global electricity sector. A new report by IEEFA highlights the latest solar milestones around the world and charts important trends including the rise of floating solar and the corporate PPAs helping the tech giants ‘green’ their energy-hungry data centres.
ET Solar selected for utility-scale projects in Palestine
The Chinese solar manufacturer and project developer has been selected to build, operate and maintain two utility-scale PV plants in Palestine.
WFES 2018: Three trends driving PV in MENA
Two weeks ago, the 8th World Future Energy Summit opened its doors in Abu Dhabi. The conference and trade show comprised six co-located events across the cleantech spectrum, and attracted over 33,000 visitors across four days. The rapid increase in the scale of activity within the solar sector in the region was on display throughout the show. Here are three key takeaways from WFES 2018.
8th IRENA Assembly: Utility scale solar LCOE falls 73% since 2010
All forms of renewable energy will be cost competitive with traditional generation sources by 2020. This was one of the key findings in the latest report from the International Renewable Energy Agency (IRENA). It was delivered yesterday at IRENA’s 8th annual Assembly in Abu Dhabi.
Enerray to develop 30 MW project in Cameroon
Italian solar company Enerray, through its local partnership EB Solaire, has announced plans to develop a 30 MW PV project at a site in Northern Cameroon.
Enel connects 158 MW of PV in Brazil
Through its Brazilian subsidiary Enel Green Power Brasil Participações, Italian developer Enel has completed two projects in Brazil’s north-eastern state of Bahia, with a total capacity of 158 MW.
