144 MW La Unión solar plant inaugurated in Colombia
Spanish company Zelestra officially connected the plant to the electrical grid last June. Colombian President Gustavo Petro, along with other authorities, participated in the ceremony.
144 MW La Unión PV plant connected to Colombian grid
Spanish company Solarpack developed the $100 million photovoltaic plant in the municipality of Montería, located in the department of Córdoba. It’s one of two large-scale solar park projects the company has in Colombia.
Ecuador announces 350 MW renewables auction
Ecuador’s latest procurement exercise will be open to solar, wind, hydropower and biomass projects.
Swedish fund launches takeover bid for Solarpack
Swedish venture capital fund EQT has launched an offer for the Spanish solar developer at €26.50 per share.
Solarpack reveals details of record-breaking Indian PV project
The Spanish developer, which will sell solar energy at an Indian record low tariff of €0.028/kWh under a 25-year deal has spoken to pv magazine about the specifics of the landmark PV plant.
Five bidders set to secure 490 MW in Malaysia’s third solar auction
Four bids have been lodged for 100 MW projects and fifth for a 90 MW facility, all in peninsular Malaysia, to indicate the 500 MW tender will fall short of its intended capacity. The lowest solar power price lodged is for $0.042/kWh.
Colombian renewables auction attracts 53 bids from 27 companies
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.
Solarpack buys 43 MW of solar generation capacity in Peru
The Spanish developer has acquired the Tacna Solar and Panamericana Solar projects which it developed and built for X-Elio in 2012.
Solarpack posts strong Q1 revenue as it chips away at global backlog
The Spanish developer’s operating revenues reached €12.5 million in the first quarter of 2019, up roughly 35% from the preceding three-month period. EBITDA stood at €4.5 million, up 14% from the fourth quarter of 2018, suggesting that the company has been moving from strength to strength since listing its shares in December.
Colombia awards 1.39 GW of wind and solar in Reliability Charge auction
The capacity comes from two solar parks and five wind power plants awarded firm energy obligations for 2022-2023. The Reliability Charge auctions were created by the Colombian government to ensure power supply during water shortages.
