Solar Markets & Finance News
Uzbekistan announces tender for up to 900 MW of solar
The central Asian nation and the International Finance Corporation have signed a mandate to develop up to 900 MW of solar capacity through public-private partnerships.
Oct 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, tender, Asia, Uzbekistan, Shukhrat Vafaev
ACWA Power plans 3.6 GW of new fossil fuel capacity in Bangladesh
Renewables may be making encouraging advances in the south Asian nation but the natural gas infrastructure deal announced today by the Saudi power company at a stroke eclipses the 375 MW of solar capacity in Bangladesh and its 609 MW development pipeline.
Oct 22, 2019 // Markets & Finance News, Policy, Saudi Arabia, Bangladesh, Asia, ACWA Power, Paddy Padmanathan, Rajit Nanda
Completion of 390 MW Benban projects crowns impressive quarter for Scatec Solar
With power production up 133% year-on-year, revenues and EBITDA also rose significantly.
Oct 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Raymond Carlsen, Scatec Solar, Ukraine, Europe, Asia, Africa, Egypt, Mozambique
Indian fossil fuel giant NTPC tenders 1 GW of solar capacity
Developers have until November 18 to submit bids for projects anywhere in India. The projects are to be set up on a develop, build, demonstrate and transfer basis.
Oct 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, India, NTPC, floating PV, Asia
Hundreds of mayors urge Congress to extend solar ITC
More than 200 mayors across the US have sent a letter urging Congress to pass a five-year extension of the solar Investment Tax Credit (ITC) with a particular focus on creating jobs and drawing investment.
Oct 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Policy, USA, ITC, woodmac, North America, Abigail Ross Hopper, congress, mayors
India’s NTPC tenders for 1GW of solar
India's largest utility NTPC has tendered for 1GW of grid-connected solar capacity under the Develop Build Demonstrate Transfer (DBDT) programme.
Oct 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, NTPC, Asia
Downstream solar meets upstream innovation at PV ModuleTech 2019
Bifacial module yields, manufacturer bankability probing and quality benchmarking strategies have all taken centre stage at this year’s edition of PV ModuleTech in Malaysia.
Oct 22, 2019 // Manufacturing News, Markets & Finance News, Malaysia, First Solar, solar pv, pv modules, Asia, PV module, bankability, pv moduletech
IFC backs Uzbekistan's 900-MW solar PPP plan
The Uzbek government will rely on support from the International Finance Corporation (IFC) for new public-private partnership (PPP) tenders that will award up to 900 MW of solar projects.
Oct 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, ifc, Uzbekistan, Georgina Baker
Acciona acquires 3-GW pipeline of U.S. solar projects from Tenaska
Global renewable energy developer Acciona has signed an agreement with energy developer Tenaska to acquire a portfolio of greenfield solar and energy storage projects in the United States. The development portfolio comprises approximately 3 GW of utility-scale solar and 1 GW of co-located solar and energy storage.
Oct 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, North America, Acciona, Rafael Esteban, Tenaska, Steve Johnson, Concentrated solar power
China Power International reveals details of 500 MW grid-parity project
The Chaoyang facility is the largest of the first batch of central-subsidy-free solar projects approved in the world’s biggest solar marketplace. China Power has awarded three construction contracts to entities owned by its SPIC parent company.
Oct 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Hong Kong, Asia, China Power International, CPI Power Engineering Co Ltd, SPIC
German PV tender brings average solar price of €0.049/kWh
The average price in the October round of Germany’s solar capacity procurement program fell back below the five-cent mark, helped by expansion of the quota for solar on Bavarian agricultural land. Nineteen of the 27 projects allocated by the Federal Network Agency were such schemes.
Oct 21, 2019 // Markets & Finance News, Tariffs, Germany, Europe, tenders
Brazilian PV outcompetes all in auction debut alongside non-renewables
A bullish Brazilian PV market has marked its latest milestone this year, becoming the cheapest electricity source of an auction it was allowed to enter for the first time this month.
Oct 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, auctions, Brazil, jair bolsonaro, tenders
German Greens call for larger PV auctions as tariffs drop below 5-cent-per-kWh mark
Germany is crippling solar’s ability to produce large volumes of ever-cheaper electricity even as it retains too-large tenders for wind that end in undersubscription, the country’s Greens have said.
Oct 21, 2019 // Markets & Finance News, Tariffs, Germany, tender, Europe, auction, tariffs
The weekend read: A bump in the road for pay-as-you-go solar and self-sustainability
Two high-profile bankruptcies this year could serve as a warning for the potential pitfalls of pay-as-you-go solar. However, Marcus Wiemann and David Lecoque of the Alliance for Rural Electrification say such business models can lead to long-term success and have a key role to play in providing power to the 1 billion people throughout the world who still live without electricity.
Oct 20, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Mobisol, Solarkiosk, Marcus Wiemann, David Lecoque
Ukraine solar industry poised between optimism and fears of FIT renegotiation
Ukrainian energy market reforms are continuing and amid uncertainty about future auction mechanisms and prices, attendees at the SEF Kyiv sustainable energy forum again called out the government for dragging its heels on the legislation. However, there was also evident optimism at the show.
Oct 20, 2019 // Markets & Finance News, Ukraine, Europe, Vitaliy Tymoshchenko, Philipp Leckebusch, DTEK Renewables, Narek Tunyan, Recom
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