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.
Saudi Arabia has held its first, 300 MW solar tender. While bidders are being shortlisted, it seems that a new global solar power tariff record may be the outcome, with bids of under 2 US cents per kWh.
The solar sector in Australia’s Queensland region is growing constantly. Projects with a total size of 4 GW are currently in the pipeline, and another 31 GW are awaiting financing.
At the moment, Bahrain is holding its very first solar event, called STEEB. It was used as a platform to announce that the country plans to join the solar market with its new National Renewable Energy Action Plan (NREAP). 700 MW of renewable energy capacity are to be installed by 2030.
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 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.
