The Italian energy company has committed to paying higher returns on today’s fundraising bond if it fails to ramp up its installed renewable energy generation capacity to 55% of its overall total by the end of 2021.
Canadian Solar, Acciona, Enel, EDF, Solarpack and Trina are among the contenders to develop large scale renewables projects. Some 26 power distributors are participating in the procurement as buyers.
U.K. solar developer Lightsource BP plans to host a community information event in the town of Mannum, South Australia, to outline a proposal to fund, build and operate a 100 MW solar project.
The new government has announced state utility the Public Power Corporation will have a CEO whose professional background lies mostly in renewable energy, including solar. Prepare yourself for anything but stasis from Stassis.
Three projects with generation capacities of 5.6-6 MW were pre qualified for a 5.6 MW capacity procurement and Finnish utility Fortum secured the only PV project selected. The capex figure offered by solar developers was lower than that for 71 MW of wind power allocated and lower than for previous PV projects.
The companies have invested €17 million in the project. The energy stored, in the Brandenburg project, will be used to stabilize the grid and minimize the curtailment of wind farms.
Sungrow has presented a new 1500Vdc string inverter at Intersolar Europe 2019. The SG250HX, a standout 250 kW inverter, is already available for pre-sale.
The Chinese manufacturer has signed an agreement with Enel Green Power Chile to supply its 1500 Vdc central inverters to a PV plant at Copiapó, the largest to be built in the country to date.
Enel acquired developer Tradewind Energy’s 13 GW portfolio of wind and solar+storage projects in the United States, and then immediately sold the 6 GW solar+storage portion to Macquarie.
Motivated by steeply declining cost curves, leading utilities are building solar portfolios around the globe. The latest statistics show the cumulative capacity of the biggest utility-scale solar plant owners topped 18 GW at the end of last year, with power companies in China, the U.S. and India to the fore.
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