ROUND-UP: SMA supplies 50MW in Mali, Largest West Sweden project, EIB supports Mexico solar

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SMA to supply inverters to 50MW Mali solar plant

3 December: SMA Solar Technology will supply 21 SMA Medium Voltage Power Stations to the biggest PV power plant in West Africa – a 50MW project by French firm Akuo Energy in Mali.

The KITA solar farm is scheduled to be connected to the utility grid in 2019. Negotiations for the KITA project, which is financed by a number of African banks, lasted more than two years and were successfully concluded in October 2018. The solar power generated here will be procured by the Malian energy supplier Electricité du Mali, with which the PV power plant operator has concluded a 28-year power purchase agreement.

EIB to provide US$87 million to Mexican solar

3 December: The European Investment Bank (EIB) has signed US$87 million to part-finance three solar power plants totalling 1,088MW in Guanajuato and Coahuila States in Mexico.

The Villanueva project in the municipality of Viesca in Coahuila is the largest solar project in the Americas.

In addition to financing from Enel Group, funding partners include institutional investors Caisse de dépot et placement du Québec, and CKD Infraestructura México, which jointly provided 80% of the share capital. BBVA Bancomer, CaixaBank, Natixis, MUFG Bank, IDB Invest, the private sector institution of the Inter-American Development Bank (IDB) Group, and Mexican development institution Banca Nacional de Comercio Exterior (Bancomext) also supported the project.

Solkompaniet completes largest solar project in West Sweden

3 December: Solkompaniet, a Swedish partner of the German firm IBC Solar, has installed a self-consumption solar PV system for the prefabricated house manufacturer Derome Plusshus, which is the largest such project in western Sweden.

The new Derome Plusshus factory in Varberg on the Swedish west coast was built with the aim of producing climate-neutral prefabricated houses. Around half of the electricity required for production is produced by the building itself. The rooftop has around 2,200 modules with a total capacity of 607kW.

In addition to the solar modules, IBC Solar also supplied its IBC AeroFix mounting system. 

In September, Swedish utility Göteborg Energi and technology provider ABB connected to the grid Sweden’s largest solar PV project, which stands at around 5.5MW capacity near Säve airport, outside Gothenburg.

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The European Union’s (EU) solar PV sector has navigated a year beset by supply chain disruptions and module prices hikes to post record levels of annual deployment, according to research from SolarPower Europe (SPE).
November 10, 2021
Solar inverter manufacturer SMA Solar Technology has increased its net income by more than 66% for the first nine months of the year compared with last year as its management board reaffirms its previously downwards adjusted sales and earnings guidance of for 2021
November 9, 2021
Eco Energy World (EEW) claims to have become the largest solar developer in Sweden after reaching 290MW of projects at an advanced development stage in the country.
October 25, 2021
Europe’s leaders have called on the European Investment Bank (EIB) to investigate how to speed up investment in the energy transition to reduce the risk of future energy price crises.
October 25, 2021
Oil and gas company Galp has secured loans from the European Investment Bank (EIB) to support the construction of more than 2.1GWp of solar projects across Spain and Portugal.
October 22, 2021
Alight has signed agreements to build three solar parks in Sweden that according to the company will be the largest in Sweden once built with a total installed capacity of 90MW.

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