Morocco: government-run agency Masen authorized to buy minority stake in 170 MW NOOR PV I project
A unit of the Moroccan Agency for Solar Energy (Masen) was allowed to acquire an interest of up to 25% in six special purpose companies owning the project’s three photovoltaic plants.
Nova Power to build 25 MW solar plant in Ivory Coast
The Moroccan developer will construct the plant as an Independent Power Producer (IPP). The facility will be located in the north of the country.
Hevel commissions 25 MW solar facility in Russia’s Orenbung region
The project was selected in the first round of Russia’s renewable energy tender for large-scale power plants.
Hevel Solar begins work on 10 MW PV plant in Siberia
The plant is located in the Republic of Buryatia, where Hevel is also planning another 15 MW solar facility. The project’s completion is scheduled for December 2017.
Indian hydropower provider SJVN seeks partners to deploy 500 MW of solar
The state-owned Indian hydro-power producer has issued an EoI to select potential partners for the construction of large-scale PV plants across India. SJVN will have an equity share of over 26% in the proposed joint venture.
German solar sector wants removal of capacity cap for PV
After conducting a review of the results of Germany’s six auctions for large-scale PV, which have led to a very good price/performance ratio for solar power, the German solar association said there is no more reason to set growth limits for the development of PV.
Nepal seeks to improve power network for 25 MW of grid-connected solar
The Nepal Electricity Authority has issued a tender to select consultants for the implementation of the Nepal Grid Solar and Energy Efficiency Project. The initiative is aimed at reducing distribution losses in pilot distribution centers, and enabling the grid-connection of large-scale solar.
Cyprus sees share of large-scale solar rise
A 1.5 MW project financed by the European Bank for Reconstruction and Development was commissioned in Nisou. The plant is one of five MW-sized solar projects supported by EBRD in Cyprus.
Brazilian Development Bank grants first financing for large-scale PV
The BNDES will support a 150 MW solar project being developed by EDF and Canadian Solar in the state of Minas Gerais. The project is scheduled to come online in August 2017.
Italian solar fund Tages Helios raises another €55 million
The Italian fund announced the closing of its third financing round. To date, the fund has raised approximately €210 million.
