The French developer's solar business has grown 69% in the first nine months of 2019, generating nearly €90 million of revenue, while wind revenue has fallen.
Strong PV growth was 'chief driver' of 24% rise in group-wide EBITDA between H1 2018 and H1 2019, says IPP as it notes this year’s European tender milestones.
The Goyder South project mixing wind (1.2GW), solar (600MW) and batteries (800MW) is the latest of a deluge of enormous solar-plus-storage schemes proposed in the sunny island state.
The Victoria government has released new planning guidelines for large-scale solar farms to ease tensions between solar developers and local communities, but they are yet to come into effect.
IPP’s success bagging 15-year PPA for ‘very advanced’ project north of Lisbon comes as consultants say tender’s record-low prices underscore greater appetite for merchant risks.
The South Australian state gov has greenlit Neoen's A$500m hybrid renewables project. Plus: More than one-third of Queensland households now have rooftop solar, according to new report.
Free-market success will require accepting merchant risks and even ‘reverse subsidy’ logic of paying for grid access, say developers, investors and utilities gathered at Munich event.
Rendeavour has installed its first solar power plant in Kenya, as part of a 30MW strategy for Tatu City, the company's new city development in Nairobi.
French IPP Neoen has started construction of a 10MW solar farm on a former gravel pit near the village of Miremont in the Haute Garonne département of France’s Occitanie region.
