News
Akuo enlists crowdfunding partner for 17MWp floating project in France
Individuals can now bankroll the deployment of a large-scale floating solar plant in France, a project by Paris-headquartered Akuo Energy.
Oct 3, 2019 // Plants, Large-Scale, Commercial, Floating PV, France, floating PV, Europe, akuo, Allianz Crowdlending
Taiwan solar to become rapid-growth market despite FiT cuts
Taiwan is expected to become one of the fastest-growing solar markets worldwide despite this year’s feed-in tariff (FiT) reductions, according to a new report, but a local developer has challenged the document's conclusions about the impacts of global PV module supply.
Oct 3, 2019 // Manufacturing News, Markets & Finance News, China, Asia, Taiwan, nuclear, vpc, Andy Tang, New Green Power, Tsai Ingwen
Netherlands to restrict grid linking requests to alleviate congestion
A controversial move by network operators has laid bare once more the Netherlands’ issues with grid overcrowding, with PV projects now set for connection delays in under-pressure areas.
Oct 3, 2019 // Plants, Large-Scale, Commercial, Grids, Europe, Netherlands, subsidies, dutch solar, holland solar, grid congestion, Liander, Enexis
Philippines utility Meralco injects US$8.2 million into 210MW of solar
Philippines utility Meralco has sunk PHP424 million (US$8.2 million) of equity funding into its renewables subsidiary, MGreen, to support 210MW of solar projects.
Oct 3, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Asia, Philippines, Meralco, manila, battery energy storage systems bess, mgreen
Ib vogt partnership wins bid for 50 MW solar plant in Bangladesh
The German project developer beat rival Scatec Solar to land the contract for a facility which will sell solar electricity to the Bangladeshi government for $0.1094/kWh for 20 years.
Oct 3, 2019 // Plants, Large-Scale, Commercial, Rooftop PV, Scatec Solar, Bangladesh, Asia, rooftop PV, Mohammad Shafiul Alam
Singyes winding-up petition is put back
Deutsche Bank’s attempt to shut down the Chinese solar developer and BIPV maker, due to be heard this morning, has been adjourned for two weeks.
Oct 3, 2019 // Manufacturing News, Markets & Finance News, bipv, Singyes Solar, China, Asia, Deutsche Bank, Building-integrated photovoltaics
Solargiga’s Taiwan shares to be de-listed
The ever worsening balance sheet of the Hong Kong-based solar manufacturer has triggered the removal of shares listed in Taiwan, which is likely to leave the company with a $2.84 million bill for buying them back.
Oct 2, 2019 // Manufacturing News, Markets & Finance News, China, Hong Kong, Asia, Solargiga, Eric Luo, Taiwan, GCL System
Renewables and geopolitics: The United States
An accelerated transition to renewables could go either way, regarding the United States’ unique geopolitical strength. According to Indra Overland – head of the Center for Energy Research at the Norwegian Institute for International Affairs – the U.S. could surrender a major advantage if it abandons fossil fuel. The nation could, however, remain dominant in the global energy sector if it continues to lead on innovation and clean energy tech-related intellectual property.
Oct 2, 2019 // Policy, USA, China, Trump, Asia, Israel, Africa, Egypt, North America, Indra Overland, Norwegian Institute for International Affairs
Italy has 80 MW/168 MWh of storage linked to renewables
According to figures from Italian renewables body ANIE Rinnovabili, 18,036 storage systems coupled to clean energy power generation have been installed in the country. Most of the batteries are in Lombardy, whose administration offers rebates.
Oct 2, 2019 // Storage, storage, Italy, Europe, ANIE Rinnovabili
Argentina stakes claim to Latin American PV crown with 300MW launch
Argentina has staked a claim to Latin American solar records after wrapping up the extension of a complex that could reach gigawatt-scale proportions within 10 years.
Oct 2, 2019 // Plants, Large-Scale, Commercial, China, Argentina, South america, Asia, cauchari, jujuy, jemse, shanghai electric, power china, Gerardo Morales, Eduardo Macri
ADB finances Vietnam’s first large-scale floating solar plant
Vietnamese firm Da Nhim–Ham Thuan–Da Mi (DHD), a subsidiary of national utility EVN, has bagged a US$37 million loan from the Asian Development Bank (ADB) for a 47.5MW floating solar project that is claimed to be the first and largest such project in the Southeast Asian nation.
Oct 2, 2019 // Plants, Large-Scale, Commercial, Storage, Floating PV, ADB, Asia, solar-plus-storage, Singapore, Vietnam, floating, fpv, evn, dhd, sorsea, Christopher Thieme, Ramesh Subramaniam
Cubico takes Mexican 350MWp solar project to finish line
One of the top solar projects supported under Mexico’s now-paralysed auction scheme has been powered up, around two years after development got underway.
Oct 2, 2019 // Plants, Large-Scale, Commercial, pv power plants, auctions, Mexico, Andrés Manuel López Obrador, North America, cubico, tenders, Osvaldo Rancé, Enrique Peña Nieto
Storage omission in Vietnam solar FiT draft a ‘serious mistake’
Vietnam plans to reduce feed-in tariff (FiT) rates for ground-mount and floating PV after solar capacity deployment exceeded expectations under the original subsidy by a factor of five.
Oct 2, 2019 // Plants, Large-Scale, Commercial, Storage, Grids, Rooftop PV, Floating PV, FiT, Asia, rooftop solar, Vietnam, Floating solar, dragon capital, moit, Gavin Smith, Nguyễn Đức Cường
‘Desert to Power’ solar project in Chad clinches €18m AfDB loan
A contracted 32MW solar-plus-storage project just north of Chad’s capital N'Djaména is one step closer to fruition after the African Development Bank (AfDB) provided it with an €18 million (US$19.6 million) loan with a partial risk guarantee.
Oct 2, 2019 // Plants, Large-Scale, Commercial, Storage, Grids, solar-plus-storage, Africa, African Development Bank, chad, sahel, infraco africa, aldwich international limited, amea power
Forestalia, Solaria put forward colossal solar ventures in Spain
Spanish clean energy players have come forward in recent days with projects set to bring a major solar boost to Europe’s current market-of-the-moment.
Oct 2, 2019 // Plants, Large-Scale, Commercial, Grids, Spain, Europe, subsidy-free pv, solaria, Forestalia, aragon, castilla la mancha, Fernando Samper Rivas, David Guengant
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