1.2GW hybrid tender coupling hydro, batteries, solar and wind achieves highly competitive tariffs versus coal power, say prominent industry figures.
Industry members tell PV Tech of rising costs, a FIT reduction fall out, cutting power and utilities 'aggressively' entering the market.
Only small project winners line up contracts as Ministry hands out far less capacity than was on offer when the tender exercise was launched.
DOE wants to help the industry meet its Renewable Portfolio Standards (RPSs) through competitive auctions.
São Gonçalo PV project is being billed as South America's largest and has a 133MW extension underway. Meanwhile, EDPR secures PPA for 66MW plant in Paraiba.
Vietnam’s second solar FiT could be cut short in favour of an auction model after Nguyen Xuan Phuc issued an order highlighting MOIT's shortcomings in handling the roll-out of solar power.
EGPE's 252MW of solar projects in Extremadura come as part of Spanish rush to meet European clean energy targets for 2020.
UPDATE: Second attempt at auction hailed for significantly raising renewables deployment trajectory.
Red hot solar destination Spain is struggling to meet European target deadlines and hopes to maintain long-term vision.
Auction-backed Solem plant was Cubico’s first American solar venture and took around two years to conclude development at its site in Aguascalientes.
Denmark outlines terms of tech-neutral tender, German Greens move against PV subsidy cap, Switzerland proposes shift to auctions, the Netherlands launches new subsidy round.
A dozen project winners will deploy first 62.5MW solar batch by country’s older nuclear plant Fessenheim, with plans to tender further 240MW next year.
Module maker to supply diverse mix of modules via marketing network of ILB Helios, in deal signed as Rome readies first auction of series meant to drive clean energy boom.
Traditionally wind-leaning Nordic state could witness PV surge from 998MW in 2018 to 5GW in 2030 and 7.3GW by 2040 via mix of auction and free-market approach, government stats show.
Connection of 85MW Totana installation brings Spanish grid power from €59m project, one of Enel’s seven to reap contracts at two-year-old tender.