Malaysia emerging as key PV investment target — BMI
The enthusiastic response earlier this month to Malaysia’s second competitive auction for large-scale PV projects highlights the country’s growing importance as a destination for clean-energy investment, with non-hydro renewables capacity to rise from 1.4 GW last year to 3.4 GW by 2026, according to a new report.
Bali’s PV potential shines in ADB mapping study
The island of Bali could produce as much as 115,371.9 GWh of electricity per year — far above its projected requirement of just 4,992.7 GWh per year by 2019 — and solar offers the greatest potential for future development, according to a new report by the Asian Development Bank (ADB).
Egypt: First project contracts signed under EBRD framework
The European Bank for Reconstruction and Development (EBRD) today announced the completion of financing for two 50 MW PV projects, to be built as part of the 1.8 GW Benban Solar complex in Egypt’s Aswan province.
Ireland: 10 MW PV project rejected by council
A solar plant planned by developer Gaelectric on a site north of Dublin has failed to receive approval from the local council, according to reports from the Irish Independent.
GCL New expects H1 profit on 1 GW of capacity
GCL New Energy will likely post a profit of CNY 450 million ($67.4 million) in the first half of 2017, from a profit of just CNY 147 million a year earlier, as it connected 1.04 GW of new solar capacity to the grid.
Staying below 2 degrees is “possible and practical” says RMI
The Rocky Mountain Institute’s new report Positive Disruption describes pathways for the global economy to mitigate serious global warming through accelerated adoption of renewable energy, the transformation of our energy and transportation system, and improved management of agriculture, forestry, and other land-uses. Staying below two degrees Celsius of warming is not just possible the report argues but practical given the accelerating declines in the cost of renewable energy.
South Australia: 150 MW CSP plant to supply government’s power needs
Only a month after signing a deal with Tesla for the world’s largest lithium-ion storage project, the South Australian government has inked a generation project agreement with U.S. firm Solar Reserve for a massive solar thermal plant project, touted as the world’s biggest.
Natcore to consult on 20 MW project in Ghana
After the 20 MW PV project planned in the Central region of Ghana was threatened with a 29% feed in tariff reduction, UK based solar developer PSECC Solar Farms turned to Natcore, with the aim of bringing in higher efficiency technology that would make the project financially viable.
Kuwait plans tender for 1 GW solar PV project
The tender for $1.2 billion Dibdibah solar power plant will be issued in the first quarter of 2018, Bloomberg reports.
Scottish council grants permission for 20 MW solar farm
Moray Council have approved a proposed solar project by Elgin Energy at a 47-hectare site near Urquhart in the northeast of Scotland.
