This transaction is part of Engie’s develop, build, share and operate strategy which involves selling part of its stake in renewables assets while carrying out operations and maintenance.
Portuguese gas company Galp Energía says it will become “the largest solar energy company in the Iberian peninsula”. The agreement includes operating PV plants with an installed generation capacity of 900 MW plus a further 2.9 GW under development.
Utility Kahramaa has revealed the winning consortium initially offered $0.01745/kWh with the price then reduced based on financial market indices.
A study has considered the best mathematical models for predicting solar module performance under varying conditions.
The country’s second large scale solar plant will be built in the Karavasta area, in the centre of the country. Half the energy produced will earn a tariff payment of no more than €55/MWh, the rest will be sold on the energy market.
The government is being helped by the European Bank for Reconstruction and Development as it designs a new net metering system. The country already supports large scale PV plants and small solar parks.
A minor concern it may be, compared to the tragic loss of life, livelihoods and biodiversity caused by the bushfires still ravaging parts of Australia, but reduced output by PV systems due to smoke haze is an unwelcome bi-product of blazes that have burned at a scale and ferocity never seen before.
Brazil’s biggest lender wants to secure solar power through a leasing arrangement. The central bank expects to buy around 8 GWh of electricity per year for its agencies in the state of Bahia and another 2 GWh in Ceará.
The raised renewable energy ambition has been dismissed by the domestic solar association, which accuses president Miloš Zeman of wanting to destroy the Czech PV sector. In 2019, the country added only 7 MW of new PV installations.
The solar facility, near Lyon, will be developed by Engie unit Compagnie Nationale du Rhône. Tests will be carried out for three years at a project intended to demonstrate the benefits of combining solar with agriculture.
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