Energy company EDF Renewable Energy has officially signed off on a power purchase agreement (PPA) with utility company Southern California Edison for a new 500MW PV project, the Desert Sun reports.
A consortium of international chambers of commerce has advised the Vietnamese government that its draft solar PPA template is “non-bankable” and cannot attract financing for PV in Vietnam, particularly for medium and utility-scale projects, according to documents seen by PV Tech.
A 100MW AC (125MW DC) solar farm project in Australia will be sold by global utility-scale solar developer FRV (Fotowatio Renewable Ventures), to two investment groups.
Australian telecommunications company Telstra announced has signed off on a contract with energy company RES to buy all of the power generated by a 70MW PV project set to be built near Emerald, Queensland.
The Ministry of Industry and Trade of Vietnam (MOIT) has released a draft circular containing guidelines on how to develop solar PV in the country, but has failed to address a range of issues that could impact large-scale project bankability, according to analysis from multinational law firm Baker McKenzie.
Australian energy infrastructure firm APA Group has agreed to purchase a 110MW solar plant that is currently under development near Dalby in south-western Queensland, Australia, for AU$200 million (US$150 million).
The trend continues for expanding access for low-income households to go solar, as residential installer Sunrun extends its partnership with GRID Alternatives, the nation’s largest non-profit solar installer.
Ecoligo is a Berlin-based crowdfunding start-up for solar projects in Africa’s commercial and industrial (C&I) market. Even though it is a company still very much in its infancy, it is already making waves by providing competitive alternatives to traditional bank loan products and connecting German private investors to tailored off-takers.
Babatunde Fashola, Nigeria’s Minister of Power Works and Housing, has signed off on two put/call option agreements (PCOA) with solar developers Afrinegia Nigeria Limited and CT Cosmos Nigeria Limited.
Power purchase agreements (PPAs) have been signed for the pioneering Rewa solar park projects, which briefly had the lowest solar tariffs ever in India.
Enel Green Power has signed a 25-year PPA with Zambia’s state-owned utility ZESCO for a 34MW PV project in the Lusaka South Multi-Facility Economic Zone in southern Zambia.
