PV Posts

Italy: added solar capacity in 2017 expected to total 400 MW

Italy: added solar capacity in 2017 expected to total 400 MW

So far, 2017 has been a record-breaking year for Italy’s solar sector. The latest figures regarding its current additions to the grid promise a new overall capacity of over 19.6 GW, allowing the country to cover as much as 8.2 % of its power demand with solar energy.

Nearly 100 GW of new PV installations expected globally this year

Nearly 100 GW of new PV installations expected globally this year

According to a forecast by Bernreuter Research, the global amount of newly installed PV capacity in 2017 may well reach nearly 100 GW. Meanwhile, the polysilicon price is expected to sink, which may fuel further growth.

Russia plans to reduce PV projects in upcoming auctions

Russia plans to reduce PV projects in upcoming auctions

Russia is making plans to reduce solar’s share in the country’s upcoming auctions for renewable energy projects. Of an additional 1 GW of capacity to be added in 2018, the major part will go to wind energy projects, leaving just 57 MW to PV.

South Africa: Pending PPAs for Renewables to be Signed in October

South Africa: Pending PPAs for Renewables to be Signed in October

As part of 37 utility-scale renewable energy projects in South Africa, various PPAs are still outstanding. These will be signed in October, the country’s Minister of Energy has now announced.

Colombia launches new green bonds to support climate-friendly projects

Colombia launches new green bonds to support climate-friendly projects

Colombia has established new green bonds with a total value of 67 million US dollars. These will be used by the Bank of Foreign Trade of Colombia to support projects that help reduce the negative impact of the country’s climate and work towards a greener energy future.

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