The 25 MW project is being financially supported by the European Union and the AFD with €60 million.
The scheme, which was not included in the Renewable Electricity Support Scheme (RESS) unveiled by the Irish government in September, will initially be targeted at residential self-consumption.
The Chilean government said that existing coal power plants will be gradually closed, although by 2030, the fossil fuel is still expected to account for 25% of thermoelectric power production. Renewables, however, are forecast to cover the remaining 75%.
The Talasol project, which the Israeli solar company acquired in May, plans to sell power to the Spanish spot market starting from 2020. The financial hedge will cover the supply of between 3,500 GWh and 3,700 GWh for a 10-year period.
The portfolio consists of 12 solar plants to be developed under Chile’s PMGD Program for distributed generation.
The Oruro solar plant was tendered by the Bolivian government in April 2016. The $54.7 million facility will be connected to the network of local state-owned utility, ENDE.
The Swaziland Water Services Corporation is currently selecting consultants to conduct a feasibility study for a 10 MW solar power project.
The solar module maker expects to reach financial close for the project in the third quarter of this year.
The long-awaited series of auctions is expected to see the participation of big players such as ACWA Power, Sky Power, Shell, General Electric and Goldwind, the Kazakh government said.
Almost all of last year’s newly installed PV capacity comes in the form of residential PV systems not exceeding 10 kW, installed under net metering.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.