PV Magazine - The facility, which will power the company’s headquarters, will raise its power production for self-consumption by 50%. The installation will also deliver part of its power surplus to other companies of the group and to the spot market.
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ECO BUSINESS - Recent announcements in the UK and across the rest of Europe seem to be ushering in a new era of “subsidy-free” renewables, which can be deployed without government support.
Sun-drenched Spain should be a natural for solar energy, and it is here that the technology is making an effort to stand on its feet financially without subsidies.
Mirova’s €353m renewable energy infrastructure fund has acquired a solar project in Portugal.
The Natixis Asset Management subsidiary said it bought the 25MW photovoltaic project from local developer Hyperion Renewables, through its fund Mirova-Eurofideme 3.
The French corporate and investment bank acquired the project from Hyperion Renewables via its unit for responsible investment solutions, Mirova. The project has already secured a 10-year PPA from local power distributor, Axpo Ibéria.
Aurora Energy Research report calculates as much as €180 billion renewable investment opportunities in the region through to 2030, of which €64 billion could be for subsidy-free projects.
PV Magazine - The power purchase agreement (PPA) relates to large-scale PV projects planned to be operational by 2020. The buyer of the power generated by the solar facilities is Spain’s power provider, Audax. 495 MW of the capacity will be located in Spain, while the remaining 165 MW will be installed in Portugal.
China’s Renesola and Germany-based Green City Energy have formed a joint holding company, which will develop a combination of solar projects with and without government subsidies. The current French pipeline includes four PV projects totaling 69 MW.
The solar plans of the German independent investment and asset manager in Spain, Italy and Portugal are part of a broader plan to further invest in renewables, including wind and hydropower.
ALT ENERGY MAG - Company targeting 1 GWp of solar PV in Italy and Spain over five years -Thanks to the arrival of power purchase agreements for photovoltaics, Italy is now in market parity, marking huge long-term potential.
The Italian utility has started approval proceedings to build six “grid-parity” projects totaling 257 MW in the region of Extremadura, while the U.K.-based developer is planning to build a 45.6 MW solar plant for the spot market in Andalusia.
NewEnergyUpdate - Bullish wholesale price assumptions may overvalue equity returns for merchant solar plants and owners should consider storage coupling to boost economics, Pietro Radoia, Solar Analyst at BNEF, told the PV Operations Europe 2018 conference.
Hive Energy has secured landmark planning approval for the development of Andalucia’s first subsidy free 45.6MW solar park in Espejo, Cordoba region.
PV Magazine - The French energy giant will sell electricity under a five year PPA to the four Italian facilities of Austria headquartered brick and roof tile manufacturer, Weinerberger.
PV MAGAZINE - In a short conversation with pv magazine, the CEO of Italy-based consultancy, Prothea Srl has provided more details on the 500 MW Italian pipeline of market parity PV projects, which it has jointly announced with Limes RE.
RENEWABLES NOW - Limes Italia has raised seed capital for the development of over 500 MWp of unsubsidised solar projects in Italy, the renewable energy developer said today.
PV MAGAZINE - Octopus Investments, part of the Octopus Group and the largest commercial solar investor in Europe, has completed the refinancing of 5 solar projects with 64MW of generation capacity near to Montalto di Castro in the Lazio region of Italy.
PV MAGAZINE - The Talasol project, which the Israeli solar company acquired in May, plans to sell power to the Spanish spot market starting from 2020. The financial hedge will cover the supply of between 3,500 GWh and 3,700 GWh for a 10-year period.
ENERGY REV - Dynavolt Renewable Energy Europe has reached financial close on a PPA-backed 28.8MW PV project in Portugal, marking the first subsidy-free solar project financing in the country.
Portugal: “Unsubsidized” approved large-scale PV projects top 756 MW, first private solar PPA signed
PV MAGAZINE - These projects would be developed without direct public incentives and would sell power to the spot market – an option still considered unviable by the local renewable energy sector – or through private PPAs. Meanwhile, local power provider, Axpo Iberia has agreed to buy electricity from a 28 MW solar facility planned in southern Portugal under a 10-year PPA.