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UPDATE: ACWA offered lowest bid in Egypt’s 200 MW tender

As pv magazine has learnt, the Saudi energy giant lowered its offer to $0.02752/kWh at the last minute, beating the bid lodged by Spain’s Fotowatio, which offered $0.02791 per kWh.

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Egypt receives two bids under $0.03/kWh in 200 MW solar tender

The lowest bid was submitted by Spanish developer Fotowatio, which offered US$0.02791 per kWh. Slightly higher, at $0.02799 per kWh, was the offer of Saudi power company, ACWA.

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Canadian Solar secures funds for 68 MW Mexican project

The $45 million loan was granted by French financial services provider, Natixis. The solar facility, selected by the Mexican governmemt in the first energy auction of 2016, will be located in the state of Aguascalientes.

Engie to build Belgium’s largest solar park

Construction on the 100 MW Kristal Solar Park is set to start in October. The facility will be located near the town of Lommel, in the Flemish province of Limburg. The project developer, local investment agency, Limburgse investeringsmaatschappij (LRM) said the project will be 34% cheaper than expected.

Solar projects under net metering keep growing in Ukraine

Cumulative PV capacity installed under the scheme reached 90 MW at the end of June. Of this capacity, around 27 MW were deployed in the second quarter alone.

France allocates 720 MW in large-scale solar tender, final average price reaches €58.2/MWh

In the fourth of six tenders totaling 4 GW planned for the utility-scale segment, the French government selected 103 solar projects. In the next two, and final, rounds, around 1.7 GW of additional solar capacity will be assigned.

Valmont acquires 75% stake in Italian tracker provider Convert

Valmont’s global manufacturing capabilities and utility customer base is expected to help the Italian company expand activity and market share.

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Albania tenders 50 MW of solar

Through the auction, the authorities in Tirana aim to build a solar park in the Akërni salt flats, near Vlorë.

Fitch revises up outlook for French solar market

The U.S. firm expects France will reach a cumulative capacity of 28 GW by 2027, 3 GW more than previously forecast. The reasons for the increase are the renewed efforts of the French government to push for more solar, and the solar plans of big energy players such as EDF and Total.

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ERG keeps investing in solar

The Italian wind energy specialist has joined forces with UK-based investment firm Quercus Investment Partners LLP to acquire another 150 MW of PV plants in Italy.

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