Solar Commercial Plants News

Greece has opted to slightly trim the capacity on offer at the year’s last solar-only tender, setting ceiling prices that reflect the gradual technology cost decreases seen in the country.

Saudi Arabian energy developer ACWA Power has won a 250MW duo of World Bank-backed solar projects in eastern Ethiopia.

Funding for the rebate scheme had already been increased in April. Overall, the budget for this year now amounts to almost $125 million.

EuPD Research has calculated what needs to be done to replace the nuclear and coal generation to be phased out in Germany. Accelerated expansion of PV appears the best short-term option. However, storage capacity will need to increase 30-fold by 2040 so solar can become the main pillar of the country’s energy system.

Clean Capital Energy (CCE) has picked a Spanish firm with a track record in Latin American solar to build a utility-scale project in Chile’s centre-north.

The European Bank for Reconstruction and Development is helping the Kosovan government develop a competitive scheme for the award of payments to renewable energy generators. The Balkan state wants to add 400 MW of clean energy capacity by 2026.

Duke Energy Renewables has clinched another major solar acquisition in Texas, bringing its PV project count up to four in the Lone Star state.

The new generation facility was financed by the Asian Development Bank and built by Chinese company ZTE Corp. The project will sell power to the grid for $0.065/kWh, a record low for solar in the country.

The Essent business of German utility RWE wants to widen its clean energy offer for Belgian clients. Last year Aralt achieved a €5 million turnover.

The exercise will be open to PV projects ranging in size from 200 kW to 5 MW.

The Australian Capital Territory government has announced the final step of the first phase of its ‘reverse auction’ programme, with the announcement of a tender for 250MW of renewable energy generation alongside a 20MW/40MWh battery energy storage system (BESS).

Solaria Corporation is to work towards a doubling of its panel manufacturing capabilities this year, a push financed by a new capital raise.

US solar players have scored a victory in Michigan this week after regulators ratified a deal to unblock a 584MW PV pipeline, held up by years of standoff with a utility.

The European Investment Bank (EIB) is debating plans to shift its multi-billion energy funding firepower to back energy storage and free-market renewables more decisively.

Global solar PV capacity must increase ten-fold to 5TW by 2030 in order to meet the Paris climate targets, research body DNV GL has claimed.