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Large-scale solar is not ready for the spot market in Portugal

In an interview with pv magazine, President of the Portuguese renewable energy association Apren, António Sá da Costa, has explained why solar and renewable energy power plants selling electricity to the spot market are still unviable in the country, and has urged the government to introduce auctions.

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NPC Incorporated closes fiscal year 2017 with JPY 498 million ($4.4 million) profit

The Japanese equipment provider also reported an increase in sales of 19.2% for fiscal year 2017. In the machinery business, the company said, all of sales of the large-scale deal were booked as planned.

Belarus’s biggest PV plant comes online

State-owned Belarusian oil company Belorusneft has finalized its 55 MW solar project more than three years after the initial announcement.

Portugal announces new solar plan

The proposal for the new plan is included in the draft state budget law for 2018.

Ukrainian government considering transition from FITs to auctions

The Ukrainian Association of Renewable Energy believes that the transition to an auction scheme may be premature and recommends digressive FITs as a way to reduce burden on consumers.

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Belgian logistics company WDP invests another €25 million in solar in the Netherlands

The funds will be used to deploy around 25 MW of projects under the SDE+ program for large-scale solar and renewables.

Jamaica’s oil corporation PCJ expands renewable energy business

The Petroleum Corporation of Jamaica (PCJ) is expanding activities in the wind and solar power business, and is seeking developers for installing PV systems at the Development Bank of Jamaica.

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Sri Lanka extends deadline for 10 MW solar tender

Through the tender, which was launched in July, the Ceylon Electricity Board (CEB) hopes to build a 10 MW PV facility near Vavunathivu, a town in Batticaloa District.

Europe helps Mozambique design auction mechanism for renewables

A €4 million fund will be used to support an initiative launched by the French Development Agency and the country’s power utility Eletricidade de Moçambique, E.P. (EDM).

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Ikea expands PV module offering to Belgium

Belgium becomes the fifth country worldwide where the Swedish furniture retailer is to sell solar panels after the UK, Poland, the Netherlands and Switzerland.

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