Firm believes long-term renewable growth is assured but trims €400m EBITDA guidance for next year, amid talk of pandemic disrupting construction timetables.
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.
Extending deadlines for auction-backed projects would help developers struggling to line up financing after months of political swings and economic adversity, says trade body CADER
China-backed Cauchari complex hits one-million-panel mark after completion of second and third stages and could see Jujuy province produce 3GW of solar power within 10 years.
UBS and Tetra Pak reach solar milestones in Southeast Asia as Argentina and Jordan switch on their own PV projects.
‘MiniRen’ auction awards PV players 96.75MW of the 128MW they had collectively bidden for, with 13 projects contracted at average tariffs of US$57.59/MWh.
Firm marks launch for auction-backed Cafayete project it bought in March 2018, with construction handled by EPC specialist Powerchina.
PV applicants for support under small-scale scheme table bids at average prices of US$57.9/MWh, government reveals just days before auction takes place.
Businesses can claim up to US$23,600 if they install solar for self-consumption.
Hydro and gas plug solar gaps caused by rare event, San Juan powers up 13.5MW of 379MW complex, Software to cut red-tape of US residential solar.
PV finalists revealed for Brazilian renewable tender of 28 June, Argentinian MP proposes new renewable target, Chile names new Energy minister after scandal.
Brasilia sets BRL276.00/MWh (US$69.31/MWh) ceiling solar price for June auction, while Buenos Aires records 128MW of PV bids ahead of July tender.
Sebastián Kind, the Undersecretary of Renewable Energy and Energy Efficiency of Argentina’s Ministry of Finance took part in an inauguration event with Sergio Uñac, the governor of San Juan province, and Charles Baide, president of JinkoSolar International, for the start of operations for an 80MW PV project.
President Mauricio Macri confirms further expansion for China-backed Cauchari, with the initial 300MW poised to finish construction this August.
Grid expansion push is first of nine projects set to help country accommodate renewable surge all the way to 2025.