Middle Eastern clean energy player will assist with US$300-320m roadmap to deliver large-scale PV pipeline in Caucasus state, which only boasts 50MW up-and-running despite high irradiation.
Duo team up to deploy at least 400MW in PV and wind by 2025, with Invenergy reportedly set to invest first in pipeline that could then be transferred to Medellín utility.
Industry dominates wind once more as it reaps all 202MW-plus contracts on offer at joint tender, held just after Germany adopted a 98GW-by-2030 PV goal.
EDF Renewables invests to acquire undisclosed share in local firm managing 170MW portfolio of solar projects in operations, under construction and advanced development.
Claims that net-zero goal and 2.5TW of PV are ‘technically and economically feasible’ by mid-century come as reports suggest Beijing could axe large-scale PV subsidies next year.
The latest release of PV-Tech’s unique PV ModuleTech Bankability Rankings report confirms the exclusive status today afforded to just four PV module suppliers (JinkoSolar, LONGi Solar, Canadian Solar and First Solar), in being the only companies to have AA-Rating module bankability status within the industry today.