Mexican solar said to have boomed to cumulative 5GW in 2019 despite rows with the government, while street protest-ridden Chile thought to have hit renewable target five years in advance.
400MW solar plant features 300MW/1,200MWh battery storage system and marks the fourth solar collaboration between the Swiss asset manager and the Californian IPP.
Chinese PV developer and manufacturer Risen Energy has brought online a 50MW solar project that is billed as the first large-scale Kazakh PV plant to use trackers.
Solar firms offer 28GW pipeline of total 51GW put forward for 28 May 2020 tender, scheduled after year when PV drew global eyes with US$17.5/MWh average tariffs.
Funds raised by the Climate Finance Group will go towards grid-connected and distributed renewables, energy efficiency, low-carbon transportation and energy storage in Africa, Latin America and Southeast Asia.
CIT Group’s Power and Energy unit has arranged approximately US$200 million in financing for a 76MW portfolio of community solar projects located across four US states.
International renewable energy provider GCL New Energy, a subsidiary of GCL-Poly has signed a deal to sell 7 operational solar power plants in China with an aggregate installed capacity of approximately 294MW to one of the five largest state-owned electric utility enterprises in China, China Huaneng Group.
Current pipeline lies at such advanced stages that 3.6GWac of PV and wind could be commissioned nation-wide after 2019’s market lows, say Rystad Energy consultants.
