After providing Canadian rooftop solar specialist Potentia Renewables with $83 million in May, Canada’s second-largest public pension fund has now agreed to finance U.S. solar installer Sunrun with $40 million.
The three projects are located in California and Nevada, and are owned by Capital Dynamics.
The Italian solar market has grown by 13% so far this year and by 6% in the third quarter. New additions for September reached 32.2 MW.
The renewable energy arm of the French utility and the Egyptian manufacturing company will build the PV facility at the Benban solar company.
The bid was submitted by Enel Generación Chile, a subsidiary of Italian energy giant Enel. The second lowest bid was presented by GPG Solar Chile, a unit of Spanish company Gas Natural Fenosa. At the auction, 2,200 GWh will be allocated, successful bids will be publicly announced on November 3rd.
The Dutch research institute ECN also believes that 20 GW of installed PV capacity could already be reached by 2035.
The tender process was launched by Ethiopian power utility EPP in May 2016. The solar plant will be built in Metehara, around 200 km east of Addis Ababa.
In addition to ten project proposals for solar parks not exceeding 2 MW, the Albanian Ministry of Energy and Industry has also accepted an application for a 5 MW PV facility.
The Brazilian bank has agreed to finance three PV projects totaling 350 MW of the Italian energy giant Enel, and a 132 MW project under development by Norwegian companies Scatec Solar and a Statoil.
The tender, where capacity may even reach 500 MW, is part of the Oman government’s plan to diversify the country’s energy mix.
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