UPDATE: ACWA offered lowest bid in Egypt’s 200 MW tender
As pv magazine has learnt, the Saudi energy giant lowered its offer to $0.02752/kWh at the last minute, beating the bid lodged by Spain’s Fotowatio, which offered $0.02791 per kWh.
Cubbie powers cotton production with PV, Aevitas awarded EPC contract
Aevitas will design and construct a 3.6 MW solar PV array for Australia’s largest cotton producer. The Cubbie Solar Project will supply 40% of Cubbie’s electricity demand, during its peak ginning season between April and September.
Egypt receives two bids under $0.03/kWh in 200 MW solar tender
The lowest bid was submitted by Spanish developer Fotowatio, which offered US$0.02791 per kWh. Slightly higher, at $0.02799 per kWh, was the offer of Saudi power company, ACWA.
Increasingly complex connection requirements delaying projects, damaging economics
Difficulties in finalizing grid connection are causing Australian utility scale PV project developers delays, potentially undermining viability. The impact can be particularly harmful for merchant projects, with LGC and wholesale electricity prices forecast to fall over the next two years.
ACT power bills on rise, solar saves around 50%, report finds
With all eyes on the ACT cabinet, which remains unconvinced of the National Energy Guarantee as a complete policy solution beyond 2020, a new analysis of energy prices shows that ACT household power bills continue to rise. Solar owners, however, are largely insulated from bill shock.
Enwave Australia wins bid to build energy network in Adelaide
An energy production and trading scheme designed for the Tonsley Innovation District in Adelaide will incorporate one of Australia’s largest rooftop solar arrays to provide energy to businesses and homes within the growing precinct.
WA energy minister shifts focus from solar subsidies to battery incentives
The Western Australia government has signaled scrapping or winding back subsidies for rooftop solar, while looking for ways to boost battery uptake.
CEC: 3.1 GW of solar in construction pipeline, policy uncertainty undermines long-term investment confidence
According to the latest statistics from the Clean Energy Council (CEC), there are 42 wind and solar projects totaling 6239 MW worth close to $10 billion currently in construction or due to start soon across Australia. The unprecedented large-scale renewables activity is, however, surrounded by growing uncertainty over future policy and regulatory change.
CEFC invests in 1,100 MW clean energy projects in FY18
Looking back on the 2017-18 financial year, the Clean Energy Finance Corporation (CEFC) has confirmed it provided $1.1 billion towards renewable energy projects, including 10 large-scale solar projects.
Victoria’s 100 MW solar farm receives financial green light
Having finalized the financing agreement for the project, French renewable energy producer Neoen announced that full construction on Victoria’ Numurkah Solar Farm is ready to commence this week, with major supply contracts previously secured for the Laverton steelworks and the Melbourne tram network.
