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Ethiopia’s plans for solar mini grids move forward
The Ethiopian Electric Utility is seeking proposals for 25 mini grid projects which are being backed by the African Development Bank.
Sep 25, 2019 // Plants, Large-Scale, Commercial, Grids, Tariffs, storage, Ethiopia, African Development Bank, EEU
Supermarket rooftop brings commercial solar – and silicon carbide inverters – to Norway
The sizeable rooftop array will feature latest-generation inverters. The project planners claim using 1500 V technology on a commercial rooftop allowed them to drive down costs 10-15%.
Oct 9, 2019 // Plants, Large-Scale, Commercial, Inverters, Rooftop PV, Europe, rooftop PV, Kaco, Siemens, Norway, Trine Kopstad Berenten
ACORE releases whitepaper on the need for a federal renewable energy standard
In a new white paper released today by the American Council on Renewable Energy (ACORE) and Wilson Sonsini Goodrich & Rosati, the organizations offer recommendations on how U.S. policymakers can most effectively design a federal high-penetration renewable energy standard (RES) that enhances grid reliability, creates American jobs, and increases American economic competitiveness globally.
Oct 16, 2019 // Policy, Gregory Wetstone, ACORE, Wilson Sonsini Goodrich & Rosati, Tim Cronin
China Power International reveals details of 500 MW grid-parity project
The Chaoyang facility is the largest of the first batch of central-subsidy-free solar projects approved in the world’s biggest solar marketplace. China Power has awarded three construction contracts to entities owned by its SPIC parent company.
Oct 21, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Hong Kong, Asia, China Power International, CPI Power Engineering Co Ltd, SPIC
Ecuador unveils developer shortlist for first ever major solar venture
Ecuador has identified the handful of top global clean energy developers who will compete to deploy the country’s first ever large-scale solar project.
Nov 18, 2019 // Plants, Large-Scale, Commercial, Ecuador, Total Eren, pv power plants, tender, solar pv, South america, Latin america, neoen, Solarpack
CCE Group, Enernovum Secure Funds for 600MW Solar Portfolio in Italy
A joint venture of CCE Group and Enernovum called CCE Solar Invest has safeguarded finance for a portfolio of 14 solar farms completing 600MW in Italy. The three-year car loan from Kommunalkredit Austria is for projects in the Lazio, Tuscany and also Apulia areas.
Oct 12, 2021 // Markets & Finance News, Italy, Europe, Solar Farms, CCE Group, CCE Solar Invest, Enernovum
Portugal plans auction for 500MW of floating PV this September
Portugal will carry out its 3rd solar public auction this September, with 500MW of floating PV capability set to be alloted.
May 18, 2021 // Plants, Floating PV, Portugal, Matos Fernandes, floating PV, Europe, auction, tenders
Sri Lanka Accelerates Roof Solar Investments, Says No to New Coal
ADB has funded a system of Ari Lanka to supply 4% rate of interest fundings to citizens for installing roof solar. Island can cut 4% of greenhouse gas discharges by eliminating new coal power by 2030.
Aug 18, 2021 // Markets & Finance News, Rooftop PV, Asia, Sri Lanka, Renewable Electricity, Coal power, Renewable Energy Goals
Bulgaria May Add 4.9 GW of Renewable Energy by 2031
A draft file by the Electricity System Operator says that Bulgaria can add 5.9 GW of power by 2031 out of which 4.9 GW can be from eco-friendly sources of energy. ESO states that power export in wintertimes will not be possible and also possibilities in summers will certainly depend upon hydropower result.
Mar 30, 2022 // Markets & Finance News, Solar Energy, Europe, nuclear power, hydropower, Renewable Energy, Wind Energy, Bulgaria, Electricity System Operator, ESO, ESO draft plan, onshore wind capacity
New software program to determine solar-suitable surface areas
Norway's Glint Solar has actually established cloud-based software program that locates suitable surfaces for solar parks. It evaluates factors such as the range to the grid or substations, topography, soil depth, and also solar radiation. The tool can likewise be used for initial project sizing.
Jul 1, 2022 // Software, Europe, Norway, glint solar, Even Kvelland, Harald Olderheim
Actis takes risk in Latin American renewables generator Omega Energia
Infrastructure financier Actis has actually gotten a risk in Latin American renewables asset owner Omega Energia as it looks to establish a pipe of assets in the area.
Jul 7, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, UTILITY-SCALE SOLAR, Solar Energy, South america, Latin america, Brazil, Actis, m&a, equity capital, omega energia
Switzerland Provides Discount to Raise Solar Market in the middle of Pandemic
With an objective to conserve the solar photovoltaic (PV) market from recurring run-down neighborhood brought on by coronavirus situation, Switzerland used one more USD 47 million financial backing with discounts.
May 4, 2020 // Residential, Markets & Finance News, Rooftop PV, Europe, residential solar, Switzerland, rooftop PV, International, Somik Das, rebate scheme
Enel Americas to invest USD 5bn mainly in Brazil, Colombia by 2025
Latin American empire Enel Americas SA (BCS: ENELAM) claimed on Monday that it will certainly invest USD 5 billion (EUR 4.84 bn) in its electricity company in the area under the 2023-2025 strategic plan, and also straight most its investments to Colombia as well as Brazil.
Nov 29, 2022 // Markets & Finance News, South america, Brazil, Colombia, Enel Americas
Germany Offers EUR 112 Mn Euros to Kenya for Renewables, Hydrogen
EUR 51 million will certainly be offered by Germany to Kenya for the development of new power framework and production of hydrogen. EUR 30 million will certainly be used for the training programs.
Dec 13, 2022 // Markets & Finance News, clean energy, Kenya, Africa, green hydrogen, green energy, Africa renewable energy industy, German loan to Kenya
China Begins Construction Of 16 GW Solar-Wind-Coal Power Complex
China has actually started constructing the 1 GW solar power project in the Kubuqi Desert that marks the pilot phase of the bigger project. The project is being developed by China Three Gorges Corporation with support from Inner Mongolia Energy Group that will set you back $11.6 Billion.
Jan 4, 2023 // Plants, Large-Scale, Commercial, China, Asia, inner mongolia, China Three Gorges Corporation, Hebei Province, Ordos, Solar-Wind-Coal Power Complex, Three Gorges Corporation