Investment in new solar capacity fell in the first half of 2020 by 12% year-on-year to US$54.7 billion as the COVID-19 pandemic hit both project financing and scheduled auctions.
Budapest launches first ever auction for green premium tariffs under METÁR scheme as pipeline of utility-scale solar projects swells after string of announcements.
Rajasthan's renewable energy agency is seeking developers to build, own and operate 0.5-2MW solar projects that would be installed near, and interconnected with, state-owned substations.
Wood Mackenzie: Continent will grow to install annual 20GW within three years but shift to auctions and merchant exposure will see profitability come under pressure.
Competitive tenders, better investment conditions and removing market distortions would enable solar to meet its potential, says developer speaking anonymously.
Awarding of 505.2MW from collective bids of 869MW is a positive turn for sector but land restrictions will stifle deployment, says Germany’s BSW Solar.