Ghana’s Volta River Authority secures funds to deploy 12 MW of solar
The funds will be granted by Germany’s KfW and will be used to build two large-scale PV power plant’s in Ghana’s Upper West Region.
Colombia to launch auction for large-scale solar and renewables
In the auction, which will be held before the next presidential elections in May 2018, the Colombian government will select large-scale solar, wind and biomass projects.
Spanish PV could go merchant but market must change
José Donoso, the president of Madrid-based solar association UNEF, recently spoke to pv magazine about Spain’s latest renewable energy auction, under which 3.9 GW of solar was allocated. He also talked about the spot market, private PPAs and the ways in which future auctions can facilitate the further development of large-scale solar.
Malta launches incentive scheme for solar farms larger than 1 MW
With this new scheme, the Maltese government hopes to deploy around 50 MW of PV capacity over the next three years.
Chile’s auction concludes with average price of $32.5/MWh
The Chilean government has allocated approximately 600 MW of renewable energy capacity in the auction.
Quebec-based pension fund La Caisse keeps investing in solar
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.
Dutch pension fund ABP invests €330 million in three U.S. projects
The three projects are located in California and Nevada, and are owned by Capital Dynamics.
Italy installed 323 MW of solar in first nine months of 2017
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.
EDF partners with Elsewedy Electric on 100 MW of solar in Egypt
The renewable energy arm of the French utility and the Egyptian manufacturing company will build the PV facility at the Benban solar company.
Chile: Lowest bid in electric auction reaches $21.48/MWh
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.
