Under-construction Amin project is touted as the Sultanate’s first utility-scale solar scheme and the world’s first in the segment to feature an oil major as the sole offtaker.
PV bids for 20-year supply deals at A-6 auction of 18 October will start at BRL209/MWh, opening up new avenue of government support for blossoming Brazilian PV scene.
Roll-out of about 30,000 PV systems is possible if private players step in to help, says Energy minister of country with almost non-existent solar sector despite 55GW potential.
TPC Construction partners with local firm Amatera Renewable Energy Corp to build 50MW project near Bacolod city, with search now underway for investor backers.
Less red tape could bring about revival of cost-competitive PV without government incentives, Italia Solare event hears days ahead of launch of new subsidy programme.
The new plants will contribute to Iberdrola's rapid expansion across the Iberian peninsula, after the firm secured 149MW of new Portuguese projects last month.