India’s SECI consults on ‘unclear’ 20GW solar manufacturing and project capacity plan

Solar Energy Corporation of India (SECI) has issued an expression of interest (EOI) for the setting up of 20GW of vertically-integrated solar PV manufacturing capacity in India over the next three years, in an unclear and poorly worded release.

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‘Flow is less bankable than Li-ion – but that will change’

The CEO of Primus Power agrees that at present, lithium battery systems are more bankable than the flow battery energy storage systems of the type his company makes, but asserted that he believes this will change over time.

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Hareon Solar board backs Moroccan JV

Chinese solar manufacturer Hareon Solar has approved a joint venture that could see it working upstream and downstream in Morocco.

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ROUND-UP: NRGi, Better Energy develop Denmark PV projects, Al Rawdah goes solar & more

NRGi and Better Energy have collaborated on a new PV project in Denmark that spans the area of 112 football pitches — with the installation standing as Denmark’s third largest PV park.

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European Energy enters Mexican market, plans to develop 1GW of renewable projects

After two years spent developing renewable-energy projects in Brazil, the European Energy Group has made the decision to expand its activities to another country — Mexico.

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France boosts PV tenders, pits solar against wind, announces self-consumption winners

France is significantly increasing its annual target of solar tenders from 1.45GW to 2.45GW capacity, under plans announced by energy minister Nicolas Hulot, while 145 winners in the 51MW self-consumption tender have been announced.

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Pakistan plans first tariff-based solar auction for 50MW in Sindh

The government of Sindh in Pakistan plans to launch an auction for the development of 50MW of solar PV in the Province, with support from the World Bank.

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India’s 17GW solar tender plan at mercy of states’ willingness to buy power

Representatives of India’s two largest solar power off-takers, SECI and NTPC have said the central government’s plan to tender 17GW of solar PV before April next year is totally reliant on the willingness of states to buy power.

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BDO Unibank issues first green bond valued at US$150 million for IFC

Philippines-based commercial bank, BDO Unibank, has issued its first green bond investment for US$150 million to sole investor the International Finance Cooperation (IFC), to expand finance for private sector investments and to tackle climate change.

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South African five-point plan to build 1.5GW of PV every year

A five-point Plan has been devised by The South African Photovoltaics Industry Association (SAPIA) to support development starting, with a target of building 1.5GW of PV annually.

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African Development Bank to provide US$265 million loan to 800MW Moroccan solar project

In conjunction with its New Deal on Energy for Africa, the African Development Bank has committed US$324 million in loan support for a pair of renewable projects in Africa, setting aside US$265 million for an 800MW PV and CSP hybrid project in Morocco.

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