Solar Plants News
Total expands solar business in Asia
The French oil giant and China’s Envision Group are forming a joint venture offering PV systems combined with energy management solutions. Total Eren is also involved in a 100 MW solar project in Uzbekistan.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, France, China, Total Eren, teess, Julien Pouget, Envision Group, Eno AIoT, EDEN Renewables
Brexit paralysis and lack of incentives leave community energy facing uphill struggle in the UK
The future benefits of technology such as smart meters and the associated aggregation of small scale generation are not being adequately rewarded, support for solar and wind is being cut off and parliament is fixated solely on one issue
Sep 16, 2019 // Plants, Large-Scale, Commercial, Residential, Policy, UK, Ofgem, Emma Bridge, Brexit, Ovo Energy, Patrick Allcorn
Colombia imposes renewables quota on power distributors
The obligation will be applied annually from 2022. The clean electricity required will have to be bought through power purchase contracts of at least 10 years’ duration.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Carolina Obando, SER Colombia, Colombia
Australia’s AEMO radically curtails output of five large solar farms
The Australian Energy Market Operator constrained the output of several large-scale solar plants by 50% on Friday, in response to voltage fluctuations in a 220 kV network spanning the states of Victoria and New South Wales.
Sep 16, 2019 // Plants, Large-Scale, Commercial, Storage, Australia, AEMO, Oceania, ACES, Andrew Stiel
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
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