CCE Solar Invest, a joint venture between CCE Group and Enernovum, has obtained funding for a portfolio of 14 solar farms totaling 600 MW in Italy. Kommunalkredit Austria has provided a three-year loan for projects in Lazio, Tuscany, and Apulia.
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Malaysian developer Ditrolic Solar Group has announced that it has commissioned the largest solar plant in Bangladesh. The project has a capacity of 73.1 MW and is located in the Mymensingh district, 100 km north of Dhaka. The solar plant is signed under a 20-year power purchase agreement with the Bangladesh Power Development Board. It was built with an investment of around $90 million and will supply power to the Power Grid Company of Bangladesh at an unspecified tariff.
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Kenya’s geographical location astride the equator gives it a unique opportunity for a vibrant solar energy market where solar power can be harnessed for generating electricity, lighting, heating and drying. However, the percentage of solar energy harnessed presently is insignificant relative to the potential. Kenya has just 53 MW of contracted solar power capacity which is less than 2% of the total contracted demand of 2,668 MW.
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he Solar Philippines Corporation has announced plans to build a large power complex combining 2 GWp of solar power capacity, 6 GWp of energy storage, and a 600 MW diesel backup plant in Nasugbu, Batangas City. The company has secured a Solar Service Energy Contract from the Department of Energy giving it exclusive right to explore, develop and utilise the solar resource. Solar Philippines has also secured about 2,000 hectares of land for the project in Nasugbu.
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Eni and X-Elio have signed an agreement according to which Eni will acquire three of X-Elio’s solar PV projects. These projects are located in Spain and have a total capacity of 140 MW. They are also planning for a larger strategic collaboration as part of which the parties will develop renewable energy projects in Spain, where Eni aims to have 1 GW of renewable energy projects in the next five years.
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The 100 MW Oruro photovoltaic solar plant located in Bolivia has been inaugurated. It covers an area of 208 hectares and is the largest solar park in Bolivia. It was constructed in two phases. In this solar plant, 300,000 polycrystalline solar panels with an individual capacity of 330 W each were installed.
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The European Investment Bank (EIB) has announced EUR 38.5 million of new financial and technical support to Burkina Faso for promoting solar power development. The funding will also be used to protect its capital city Ouagadougou from future flooding. Through this financing, EIB aims to improve energy access in the country and address the risks caused by extreme weather.
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AGP has formed a joint venture with Hartree and NaGa Solar to deploy solar projects across the UK, the Netherlands and Germany. The new venture, called AMPYR Solar Europe (ASE), aims to develop at least 4 GW of solar projects in these three nations. With this joint venture, the companies aim to combine AGP’s experience in developing large-scale renewable power projects, Hartree’s cutting edge power trading analytics and zero carbon solutions and NaGa’s in-depth local knowledge and land development prowess.
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Ameresco and Wells Fargo have partnered up to develop about 30 MW of new solar capacity at Wells Fargo retail and administrative locations across seven states in the United States. These onsite solar generation assets will include rooftop, carport and ground mounted systems in Arizona, California, Connecticut, Iowa, New Jersey, North Carolina and Texas. The implementation of these projects is expected to begin in April 2021.
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The Moroccan Agency for Sustainable Energy (MASEN) has opened a new tender (expiring on January 31, 2021) for six new solar energy projects with a cumulative capacity of 400 MW. According to the MASEN, the solar photovoltaic plants will be located across the country near Sidi Bennour, Kalaa Sraghna, Taroudant, Bejaad, El Hajeb and Ain Beni Mathar.
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Pacifico Energy has started the construction of the 77 MW (DC) solar power plant in Ako-gun and Sayo-gun, in Japan. The commercial operations are expected to begin in 2023.
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The Ministry of Energy, Mines, and Renewable Energy of Tunisia has invited bids for 70 MW of solar power projects. The tender has two phases, one of 60 MW and the other one of 10 MW. In the first phase of 60 MW, each project will have a maximum solar capacity of 10 MW. Meanwhile, in the second phase of 10 MW, each project will have a maximum project capacity of 10 MW.
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Energy giant, Total, has partnered with the Spanish developer Ignis to develop 3.3 GW of solar projects located close to Madrid and Andalusia to expand its presence in the Spanish electricity market. While the first solar projects in this portfolio are scheduled to start in 2022, all the projects are expected to be operational by 2025.
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Bamboo Capital Group, a multi-sector investment company in Vietnam, is planning to develop 652 MW of wind energy projects in the 2020-2022 period. The company has allocated VND14 trillion ($603.45 million) to this end. The company also has plans to build a 300 MW plant in Ca Mau.
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Statkraft Ireland secured contracts for over 330 MW of renewable power including two wind projects (57 MW) and two solar projects (276 MWp), in Ireland’s first competitive renewable energy auction under the Government’s new Renewable Electricity Support Scheme (RESS-1).
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Cleantech Solar has secured USD75 million green loan from ING Bank N.V.. It will use the proceeds to finance expansion across Southeast Asia.
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