BNEF report outlines big expectations for key Latin America markets
In its New Energy Outlook 2017 report (NEO), published earlier this week, Bloomberg New Energy Finance (BNEF) outlines its expectations for energy in the Americas between now and 2040. The report predicts big for the key regional markets Brazil, Chile and Mexico.
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.
Recom acquires French module maker Sillia
The French manufacturer filed for insolvency in March. The Tribunal of Commerce of Lyon had received two bids for the acquisition of the company.
UGE completes acquisition of Carmanah Solar, secures contract for 17 MW solar facility in Alberta
The Canadian renewable energy company has taken full control of the joint venture that acquired the solar unit of Carmanah Technologies Inc. in April. Furthermore, the company has secured a contract to build a 17 MW ground-mounted solar plant near Calgary.
Africa solar: competitive tenders or negotiated deals?
Given increasing activity in the solar PV sector in Africa, a critical question has emerged: should African states aim for competitive tenders or negotiated deals? This question was among those discussed at the Africa Energy Forum (AEF) that took place last week in Copenhagen, Denmark.
Russia allocates 520 MW of PV capacity in 2017 renewable energy auction
The auction was open to solar, wind and hydropower. Projects selected in the tender must be commissioned between 2018 and 2022.
Nagorno-Karabakh wants to go solar
The government of the disputed region in South Caucasus, which is officially known as the Republic of Artsakh, announced it will conduct a study to assess its solar potential.
German cabinet issues decree for cross-border wind/solar auctions
Around 300 MW of PV and wind power plants will be selected in the future cross-border auctions, in which German developers will have to deal with competitors from other EU neighbor countries. In the pilot cross-border solar auction held last year, all selected projects were located in Denmark.
Brazil needs to improve grid in Minas Gerais to make space for solar
Brazil’s energy agency EPE has released a new study that recommends the improvement of the transmission system of the northern and north-western areas of the state of Minas Gerais, which is expected to host a considerable portion of the solar projects selected in the country’s auctions held in the past years.
EDF announces financial close for phase III of Dubai’s 1 GW solar plant
An undisclosed sum was provided by seven different lenders for the 800 MW third phase of the giant solar park.
