Distribution networks and awareness campaigns help spur US$259m-a-year market of off-grid PV lighting, making a leader of a country where only 13% enjoy grid access.
French firm Akuo scores cheapest tariff and reaps 370MW of total 1.15GW awarded while Iberdrola bags 149MW by pledging to pay for grid space under second modality.
Banco Sabadell supplies close to €30m in debt to Renovalia’s five-strong solar cluster in Ciudad Real province, first of firm’s 1GW merchant pipeline of PV and wind.
WoodMac: Innovative finance needed to further boost already sound economics of residential sector, with Germany, Italy and Spain all breaking even faster than the UK and France.
‘MiniRen’ auction awards PV players 96.75MW of the 128MW they had collectively bidden for, with 13 projects contracted at average tariffs of US$57.59/MWh.
German firm walks PV Tech through experience of building 5MW first project in Eastern state and plans to now ramp up deployment with an eye on potential sales.
