Patrick Jowett
Serbia sets maximum solar price of €72/MWh for second renewables auction
Serbia’s upcoming second renewables auction, scheduled for later this month, aims to procure 124.8 MW of solar power with a ceiling price of €72 ($75.30)/MWh. This price is lower than the €90/MWh ceiling offered in the country’s first renewables auction last year.
AleaSoft notes drop in European electricity prices
AleaSoft Energy Forecasting says higher wind production and lower demand slightly dragged down electricity prices last week. However, weekly averages stayed above €100 ($105.36)/MWh in all analyzed markets, except for the Nordic market.
DMEGC Solar energizes 940 MW solar-fishery project
The 940 MW solar installation, deployed above fish ponds to create a complementary fishery-pv project, features over 1.9 million of DMEGC’S infinity series n-type solar modules.
Desert-to-Power initiative seeks project coordinator
The African Development Bank’s (AfDB) Desert-to-Power (DtP) initiative, which aims to install 10 GW of solar across 11 Sahel countries by 2030, is hiring a project coordinator. The application deadline is Dec. 20.
Azerbaijan awards 100 MW of solar with lowest bid of $0.0354/kWh
China’s Huantai Energy Co., Ltd. has secured a contract to build 100 MW of solar in eastern Azerbaijan, after submitting the lowest bid of $0.0354/kWh in the country’s first renewables auction.
Gabon inaugurates first utility-scale solar plant
Gabon has opened its first utility-scale solar plant – the largest in Central Africa. Developer Solen SA Gabon has said it aims to expand the Ayémé project’s capacity to 30 MW to power more than 300,000 homes.
Serbia moving forward with 9.75 MW solar facility
A 9.75 MW solar plant on a former mining dump in northeastern Serbia is set for completion and grid connection by the first quarter of 2025. It will be the first solar facility operated by state utility Elektroprivreda Srbije.
Contractor selected for world’s largest solar plant
China Energy Engineering Group Co., Ltd (Energy China) has signed an engineering, procurement and construction (EPC) contract for the world’s largest contiguous solar and battery power plant in the Philippines.
Wood Mackenzie forecasts 77 GW of floating solar by 2033
Wood Mackenzie predicts that the global floating solar market will be dominated by the Asia-Pacific (APAC) region and led by India, China and Indonesia through to 2033. The consultancy says growth will be driven by rising demand, decreased capital expenditure and supportive policies.
ADB to provide $160 million to finance 760 MW of solar in Azerbaijan
The Asian Development Bank (ADB) has agreed on a $160 million financing package for two solar projects in southeastern Azerbaijan, totaling 760 MW. Abu Dhabi-based Masdar is co-developing the project with a subsidiary of State Oil Company of Azerbaijan (Socar).
