Chile energy power tender results

The Chilean government unveiled the results of its latest power tender to supply 12,430 GWh to regulated customers starting in 2021. 

The average winning price was US$ 47,6 per megawatt hour (MWh). It is the lowest price since tenders started a decade ago. It is also 40% below the average price of US$ 79,3 reached in 2015 and 66% below the average price of US$130/MWh reached in 2013.

Following this tender, the government estimated energy bills will go down by 20% from 2021. 

The tender received 84 bids, adding up 85,000GWh a year, almost seven times more than the 12,430 GWh auctioned by…

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IHS Markit Names Trina Solar, SunPower, First Solar, Hanwha Q-cells and Jinko Solar as Leaders in PV Module Supplier Scorecard 2016

In a new scorecard reviewing the solar photovoltaic (PV) module sector, Trina Solar, SunPower, First Solar, Hanwha Q-cells and Jinko Solar were all identified as this year’s industry leaders. Each of these companies garnered above average scores for both market presence and market momentum, according to the ranking from IHS Markit (Nasdaq: INFO), a global business information provider.

“IHS Markit evaluated the largest module suppliers based on nine different metrics to arrive at the overall scores,” said Edurne Zoco, senior manager, solar research at IHS Technology. “This scorecard takes into account a company’s current market and financial position, as well as its potential to cope with the next wave of challenges faced by the solar industry.”

According to the 2016 IHS Markit PV Module Supplier Scorecard, Trina Solar scored highest in market presence, receiving high scores in nearly all categories due to its leading global market share, completeness of its product offering, strong position in all major regions and brand perception…

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US has 10GW of Utility-Scale PV Projects under construction

According to data from GTM Research’s Utility PV Market Tracker, the United States now has over 10 gigawatts of solar PV projects under construction. 

Just three years ago, the U.S. was on the cusp of installing its 10th cumulative gigawatt– and that was across all market segments. It was a milestone several decades in the making.

Now, we’re going to see 10 gigawatts of PV come on-line within a single market segment over the course of just a few quarters.

Prior to the extension of the federal Investment Tax Credit, developers built up a massive pipeline of projects with 2016 completion dates. Halfway through the year, we’re now seeing a realization of that pipeline…


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Middle East, MESIA publishes »Solar Industry Quarterly Report 2«, PHOTON

The Middle East Solar Industry Association (MESIA) published its »Solar Industry Quarterly Report 2«. It contents information about the MENA region, energy targets, and programs, i.e. about Dubai Electricity and Water Authority’s (DEWA) CSP solar project to generate 1,000 MW by 2030, and Saudi Arabian government’s 9.5 GW renewable energy target by 2023.

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India close to reach 8 GW PV capacity, PHOTON

India installed a total accumulative capacity of more than 44,235 MW in the country from various renewable energy sources, says Shri Piyush Goyal, Minister of State for Power, Coal, New & Renewable Energy and Mines. These include 27,151 MW of wind power, 7,805 MW of solar power, 4,304 MW of small hydro power and 4,975 MW of biopower. In January, India’s Ministry of New and Renewable Energy announced 5,129 MW of installed grid-connected solar capacity.

According to Shri Goyal, the Government is implementing several schemes for the promotion of solar power in the country, i.e. solar rooftop scheme, scheme on off-grid and decentralized solar applications, solar park scheme for setting up of solar parks and ultra mega solar power projects targeting over 20,000 MW of solar power projects.

Furthermore, scheme for setting up 1,000 MW of grid-connected solar PV power projects by…

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NTPC expected to announce key changes for upcoming solar project auctions

The Ministry of New and Renewable Energy (MNRE) is currently in the process of finalizing guidelines for 5,000 MW of new solar projects with National Thermal Power Corporation (NTPC) as an off-taker. These projects are expected to be tendered over the next three years with actual timing and geographical spread depending on demand from power utilities. Draft guidelines are expected to be released over the next 2 months.

  • NTPC may fix the solar power tariff at INR 4.50/kWh (US 6.7 cents/kWh) and ask developers to bid for an additional Generation Based Incentive (GBI) per unit of electricity
  • A concept similar to deemed generation is likely to be introduced for the first time for solar power procurement in India
  • The move to GBI is preferable over viability gap funding (VGF) structure as it incentivises better performance and encourages quality consciousness
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Dominican Republic could reach 1.9 GW of solar by 2030

The Dominican Republic can increase the share of renewable energy in its energy mix from 9 to 27 per cent by 2030, according to a new »Renewable Energy Prospects: Dominican Republic« report launched by the International Renewable Energy Agency (IRENA). The country could increase the share of renewables in the power sector alone from 12 to 44 per cent by 2030, mostly from solar and wind.

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España prepara una nueva gran subasta de renovables antes de 2017

El miedo de que España no pueda alcanzar el objetivo europeo de cubrir con renovables el 20 por ciento del consumo total de energía en 2020 es la razón por la que el Gobierno en funciones, a través de la Secretaría de Estado, está planeando celebrar una nueva subasta de renovables antes de final de año.

El Instituto para la Diversificación y Ahorro de la Energía (Idae) ha sido el portavoz de la noticia. A principios de julio convocó a las principales asociaciones del sector a una reunión de urgencia en la que les informó de la intención de Industria de realizar una segunda subasta renovable en la que, a priori, estarán incluidas varias tecnologías. Si en la primera subasta, en la que se adjudicaron 700 megavatios, solo tuvieron cabida la eólica -500 megavatios- y la biomasa -200 megavatios-, en la segunda, buena parte del protagonismo se lo llevará la fotovoltaica.

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SEIA: Guide to land leases for solar facilities, PHOTON

US Solar Energy Industries Association SEIA has developed a comprehensive guide to help land owners understand the opportunities and implications of leasing their property for solar installations (»Guide to Land Leases for Solar«).

According to SEIA, large scale solar projects, such as community solar and investor-owned solar systems on farms, have expanded rapidly throughout the U.S. These projects can use approximately 6 to 7 acres for every MW of solar installed, so a 5 MW project would require 30 to 35 acres. As a result, solar developers contact farmers and other landowners to obtain sufficient land to develop a financeable project. The guide provides an overview, expert tips, questions property owners should ask before entering into an agreement, and links to other resources.

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Minnesota Power Seeks Proposals for Large-Scale Wind, Solar Energy, and Customer-Driven Resources

Minnesota Power today is releasing the first in a series of Requests for Proposals as part of the company’s broad resource evaluation process to further its EnergyForward strategy. EnergyForward calls for a diversified power supply to meet customers’ needs reliably and cost effectively in an environmentally responsible manner. Minnesota Power will consider the costs and characteristics of the proposals received and analyze whether they are beneficial resource additions for its customers.

In approving Minnesota Power’s integrated resource plan in June, the Minnesota Public Utilities Commission asked the company to consider additional wind, solar and demand-side management alternatives as part of its ongoing resource evaluation process.

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