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.
Industry to compete under price ceilings of €0.06926/kWh in July after its record-breaking dominance at tech-neutral tender in late April.
Industry continues last year’s trend as it reaps all awards at oversubscribed 210MW tender, with 18 bids contracted at an average €0.0566/kWh price.
EBRD to help country tender 25MW of PV and 80MW of wind in 2019 and 2020 even as global experts argue 4.5GW of solar is possible if economics improve.
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.
Project described as South Pacific’s biggest PV plant to date will supply power to state-owned utility TPL for 25 years.
Solarcentury, Engie projects secure a spot at tender targeting 500kW-30MW installations, with average prices reaching €62.7/MWh.
Association hails plummeting solar costs ahead of next tender this June, with new figures showing industry has hit 2GW capacity mark.
Contracts for Enel and Emgesa to supply Andean state between 2022 and 2023 mark PV’s first victories at tender designed to mitigate effects of droughts.
The Emirates Water and Electricity Company (EWEC) launched a 2GW solar tender in February.
India plans to tender 30GW of solar in each of the next two years to give developers time to complete projects ahead of the flagship 2022 targets.
While the Spanish government’s tenders are very welcome, it is the merchant and PPA opportunity powering the nation’s 29GW pipeline.
India deployed a record 9,255MW of solar in 2017, up 94% from the previous year, but uncertainty and a slowdown looms in 2018, according to the latest quarterly report from consultancy firm Bridge to India.
ACWA will sign a PPA for one of the lowest ever solar tariffs of Halala 8.7815/kWh (~US$2.342) tomorrow.