Solar Large-Scale Plants News

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.

UBS Singapore has signed a 10-year agreement with Singapore-headquartered energy, marine and utility company Sembcorp Industries to provide solar power for the bank’s offices.

The Rajasthan Renewable Energy Corporation (RRECL) has issued a competitive tender for 113.5MW of small grid-connected solar projects in the desert state.

Enertis has stepped up its involvement with a solar project in the Middle East, said to be the world’s first utility-scale scheme to be wholly sponsored by an oil and gas major.

The nation’s cabinet has approved new contracts for solar projects under net metering rules across several regions. Investments include solar micro-grids for disconnected areas, grid-tied installations and hybrid projects.

Brazil has unveiled the tariff ceilings solar players will face as they compete for the first time in the so-called new generation tender, opening up a new avenue of government support.

Angola is expecting to kickstart its dormant solar sector by deploying several hundred megawatts worth of projects within three years, a top government official has said.

The US renewables business of Japanese oil and gas major Idemitsu Kosan has bought a 100MW solar project in Colorado from GCL New Energy, a subsidiary of China's GCL New Energy Holdings.

Australia’s Clean Energy Council (CEC) has issued a stark warning over an apparent collapse in new investments into renewable energy projects.

French developer Neoen wants to build an energy superpark in South Australia that comprises 1.2GW of wind, 600MW of solar and 800MW of battery storage capacity.

The National Solar Energy Federation of India (NSEFI) is continuing to step up its efforts to ensure the quality of large scale solar projects. The body is now looking for stakeholder input into its new best practice guidelines for PV power plant projects, as a part of its ongoing Quality Taskforce initiative.

Eastern Europe’s largest utility has decided to acquire a minority stake in Zolar – a German provider of digital solutions for rooftop PV – alongside BayWa r.e. Energy Ventures.

The Infrastructure Development Bank of Zimbabwe has issued a request for proposal to seek partners for the development and construction of seven solar parks, with a combined generation capacity of 235 MW, plus two mini-hydro power projects.

The GCL System chief executive made comments that fly in the face of an expected solar gold rush in China that analysts predict will start this month. Though rising overseas demand will address overcapacity fears, according to Luo, the soundbite is sure to chill PV boardrooms across the world’s biggest solar market.