Solar Plants News
India’s SECI to supply 1.3 GW of clean power through recent deals
With India’s power minister hinting that a new renewable energy tariff policy could be in the works, the federal agency responsible for solar has started boasting about the volume of clean power it has in the pipeline.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Tariffs, Policy, Floating PV, India, SECI, Asia, Floating solar, Rajasthan Urja Vikas Nigam, Rihand Dam, Kerala State Electricity Board, Raj Kumar Singh
Goldman Sachs reaches $4 billion in renewable investment potential
Goldman Sachs Renewable Power, a subsidiary of the investment banking giant, has reached an equity pool of $4 billion, which will serve to expand on the hundreds of megawatts in portfolios the company has acquired in the last 12 months alone.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, SunPower, Goldman Sachs Renewable Power, Jon Yoder
Total, Envision’s JV launches commercial activity in China
TEESS, a 50/50 joint venture established by Total and Envision Group, has launched its commercial activity to develop on-site distributed generation solar projects for B2B customers in China.
Sep 16, 2019 // Plants, Large-Scale, Commercial, China, Total, teess, envision, Alex Sun, Julien Pouget
Study: Germany needs clean energy surge to replace coal, nuclear
Germany must embrace renewables and energy storage at an unprecedented scale if it hopes to offset the void left behind by coal and nuclear phase-outs, a new study has said.
Sep 16, 2019 // Plants, Large-Scale, Commercial, storage, ENERGY STORAGE, Germany, Europe, subsidies, bsw, zero-subsidy pv, Carsten Körnig
Fitch: Malaysian solar poised for growth despite record-low tariffs
Record-low tariffs seen in government auctions this month in Malaysia will not dent the country’s solar growth, according to analysts at Fitch Solutions.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Grids, Tariffs, Malaysia, auctions, fitch solutions, tenders, market analysis
Greece goes smaller with end-of-year solar tender
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.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Grids, Greece, tender, solar pv, auctions, Europe, southern europe, rae
ACWA’s ‘record’ bid wins 250MW Scaling Solar duo in Ethiopia
Saudi Arabian energy developer ACWA Power has won a 250MW duo of World Bank-backed solar projects in eastern Ethiopia.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Grids, world bank, international finance corporation, Africa, Scaling Solar, tenders, ACWA Power, Arabia Saudi, pv projects
Sweden increases budget for solar incentives by $48m
Funding for the rebate scheme had already been increased in April. Overall, the budget for this year now amounts to almost $125 million.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Residential, Markets & Finance News, Sweden, Andreas Thorsheim
Germany will need 160 GW of solar by 2030 to prevent power shortages
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.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Storage, Rooftop PV, Solar to Fuel, Germany, Europe, EuPD Research, BSW-Solar, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
Spain’s OHL to build utility-scale PV in Chile for Austrian developer
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.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Chile, utility-scale PV, South america, ohl, clean capital energy, cce
Foresight continues Australian charge with small-scale renewables fund launch
Global solar investor Foresight Group has continued its charge into the Australian PV market, launching a sustainability framework to finance small-scale renewable infrastructure projects in the country.
Sep 13, 2019 // Plants, Markets & Finance News, Australia, solar pv, Oceania, investment, foresight group
Kosovo planning auction scheme for solar and wind capacity
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.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, EBRD, Kosovo, Valdrin Lluka
Duke snaps up Canadian Solar’s 200MWac Texan bifacial PV project
Duke Energy Renewables has clinched another major solar acquisition in Texas, bringing its PV project count up to four in the Lone Star state.
Sep 13, 2019 // Plants, Large-Scale, Commercial, USA, Canadian Solar, Duke Energy Renewables, Texas, utility-scale PV, North America, bifacial modules, shell, recurrent energy, 8minute Solar Energy
Bangladesh’s first state-owned solar plant comes online
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.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, China, Bangladesh, Asia, rooftop solar, Asian Development Bank, ZTE Corp, Floating solar
Essent takes over Belgian solar installer Aralt
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.
Sep 12, 2019 // Plants, Large-Scale, Commercial, Residential, Markets & Finance News, Germany, Europe, Belgium, Aralt, Essent, Benelux
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