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.
Andbank España launches new solar fund
Through the new fund, the Spanish financial services provider hopes to initially raise up to €20 million.
Brazil’s hydroelectric company Chesf builds another MW-sized PV plant
The installation will be located in the state of Pernambuco and will be also used to test different PV components.
EBRD to finance another 50 MW solar park in Kazakhstan
The Baikonur Solar project is planned for the Kyzylorda region. The project will be developed by Samruk Kazyna United Green Energy Ltd., which is also building two more 50 MW solar facilities financed by the EBRD.
Silicon Ranch to build 200 MW-AC of solar in the United States
The portfolio of four solar projects will provide low-cost electricity for 38 co-ops in Georgia, and builds on existing projects developed by the two companies.
EDF signs 15-year PPA for 500 MW plant in the United States
Southern California Edison will purchase 125 MW AC from the Maverick Solar (formerly Palen 1) Plant, which is expected to start delivering electricity on Dec. 1, 2020.
EDF to acquire 80% stake in 115 MW Brazilian solar farm
The French energy utility has snapped up a controlling share of the Pirapora II solar project from Chinese firm Canadian Solar. Plant is due to be commissioned in the first half of 2018.
Spanish government confirms bidding rules for upcoming 3 GW auction
The decree implementing the auction was published in the country’s official journal on Saturday. Solar seems to have more options compared to the previous 3 GW auction, in which only 1.5 MW of PV was contracted.
Nicaragua reduces ceiling price for solar by 40%
The government of the Central American country has approved the new reference price band for the new contracts for power generation from renewable sources.
Spain’s upcoming 3 GW renewable energy auction expected to be held on July 18
Only solar and wind power projects will compete in the auction. Wind, however, will probably have the largest share as the bidding rules remain unchanged.
