Solar projects larger than 20MW will be able to compete with wind for state support at tech-neutral tender, the latest for country hoping to reach 7.7GW of installed PV by 2030.
Flurry of deals in US southeast was among highlights as solar corporate procurement soared between 2018 (5.4GW) and 2019 (9.6GW), BloombergNEF analysts tell PV Tech.
Firm expects storage and PV installs to grow ‘at least 50%’ this year after 2019 results show last year was stellar for storage but less so for PV, despite the latter’s stronger H2 2019.
Firm was in talks last year with private equity and strategic suitors but has now opted to divest its Tempress business to a newly-created Dutch entity, naming a new group CEO in the process.
Project in Sardinia (5MW) emerges as sole PV winner of 500MW auction dominated by wind power (495MW) but industry representatives believe solar future is subsidy-free.
New PV and wind could outcompete most existing fossil fuel capacity by 2025, outfit predicts as it lays out timetable for the 5.8GW renewable project backlog it amassed last year.
Network operator Liander publishes list of areas where requests will be temporarily held after finding PV roll-out doubled almost everywhere in its catchment area last year.
Owners of PV firm could spend decades in prison after still-ongoing criminal case found investors including Warren Buffett’s Berkshire were ‘duped’ of US$1bn to fund ‘lavish’ lifestyle.
