World Bank body will back competitive bidding process for lowland PV plant, hoped by its sponsors to be the first of series in land-scarce, overcrowded Asian country.
ADB will support plans by Southeast Asian state to auction 350-400MW pipeline of two projects this year and next, in a bid to drive competition after a subsidy rush congested the grid.
Multinational utility Iberdrola has completed the giant 500MW Núñez de Balboa solar farm in Spain’s Extremadura region, claiming it to be Europe’s largest completed solar project.
ACWA Power has penned two long-term power purchase agreements (PPAs) with Ethiopia’s state-owned Ethiopian Electric Power for 250MWac of solar in the nation.