Japanese trading giant Marubeni has picked up Taiwanese solar portfolio developer and operator Chenya Energy, intending to ramp up its floating solar exposure as a result.
Revenues from firm’s solar assets overtook wind’s in 2019 and accounted for nearly half of full-year turnover, with large projects in Mexico, Argentina and others set to go live in 2020.
Construction is already underway for 120MW project near Wandoan, marking utility-scale global debut for oil and gas major already active in the country after M&A flurry last year.
Renewable energy body MASEN launches tender to pick firms to deploy portfolio at nine preliminary locations country-wide, with the government set to pre-equip sites.
Renewables, energy storage and grid assets are all being considered as top investor bags institutional backing for FEIP fund from the EIB and other investors.
State’s energy commission waves through roadmap by utility SMUD to install 1.5GW of utility-scale solar, 600MW of rooftop PV and 560MW of utility-scale energy storage by 2040.
Ahead of next month’s PV Expo in Japan, PV Tech’s Carrie Xiao takes a look at some of the key drivers for a market expecting as much as 8GW of additional solar capacity this year as well as a surge in domestic energy storage.
Industry association GÜNDER tells PV Tech it expects mix of large-scale tenders and net metering support for smaller systems will drive annual gigawatt-scale growth starting this year.
