Ciel & Terre starts construction on the world’s largest floating PV plant
The French floating PV specialist is building a 70 MW solar facility for CECEP in China’s Anhui province.
Zambia receives $34.8 Million from German KfW
The funding is to be used to implement a Renewable Energy Feed-in Tariff (REFiT)-Strategy. Zambia aims to attract investors to overcome the energy crisis and to generate power sustainably.
Panama’s Social Security Fund seeks to invest in solar
Income from solar power generation would be used to provide additional funds for two social security programs endangered by the Fund’s precarious financial situation.
Eicke Weber: Trump’s border wall could host 5 GW of PV capacity
The former head of Germany’s Fraunhofer ISE said in an interview with Spiegel that, although the proposed U.S. border wall should reach a length of only 3,000 kilometers, this would be enough to build a huge PV installation. With solar LCOE ranging from $0.03 to $0.05/KWh the PV plant could be amortized in five to six years.
Pakistan to install 556.5 MW by end of 2018
Roughly 956.8 MW of solar capacity is now under development at 28 locations in Pakistan under the Alternative Energy Development Board (AEDB), with 556.5 MW set for completion by the end of 2018.
Indian state of Maharashtra announces 2 GW of solar projects
The Maharashtra State Power Generation Company (MAHAGENCO) issues call for developers to build 500 MW solar park and construct 1.5 GW of solar projects to solarize state’s agriculture feeder infrastructure.
India: TANGEDCO proposes severe net metering cut
The Tamil Nadu utility is planning to slash its net metering tariff from INR 6.63 – 7.23/kWh to potentially as little as INR 2.20/kWh in response to recent record-low tariffs in the state and as a means to increase uptake of rooftop solar.
German, Austrian firms collaborate on 98 MW Chile solar farm
The Huatacondo solar park in northern Chile, commissioned by AustrianSolar Chile SpA, has been acquired by Sojitz Corporation in a deal overseen by Germany’s Oppenhoff & Partner on contractual matters.
NextEra plans deeper moves into solar
The world’s largest wind and solar asset owner has identified opportunities for 9-10 GW of solar as it expands into renewables and away from risky conventional merchant generation.
Renewables could create 300,000 jobs in India over next five years: report
India’s Council on Energy, Environment and Water states, in a joint report with the Natural Resources Defense Council, that the growth in renewables in India could create 300,000 new jobs over the next five years.
