On our 'Market Parity Watch' page we include interesting and insightful articles and content from around the web, related to solar market parity. Be sure to sign up for updates if you'd like to be informed on this topic and our event over email.
In light of our upcoming ‘Solar Market Parity Europe’ conference, we interviewed Michele Appendino, the Chairman and CEO of Solar Ventures, an Italy-based, but internationally operating, independent power producer.
PV Magazine - The Spanish power trader is planning to build its first large-scale solar power plant in the region of Murcia. The facility is intended for self-consumption and to be financed with own funds.
In order to show the market potential of merchant solar around the globe, Solarplaza has compiled an overview of the top 15 solar merchant plants that are currently active and selling power on the spot market.
Business Green - The UK's attractiveness to renewable energy developers has improved considerably over the last six months, thanks to brightening prospects for renewables developers finally able to generate returns on subsidy-free projects.
Sun&Wind Energy - Huawei and BayWa r.e., have signed a deal to build Don Rodrigo, which will become the biggest single-site PV plant in Spain and the first truly subsidy-free fully commercialized utility-scale PV plant in the world. Huawei will provide its fully digitalized Smart PV Solution complete with a combination of SUN2000-60KTL and SUN2000-100KTL inverters. This will be a significant milestone for the Spanish solar industry and marks another step for advancing the digitalization of solar technology. Huawei’s vision is to bring digital to every person, home and organization for a fully connected, intelligent world and its digitalized solar solutions fits with this plan.
EIN News - Hive Energy has confirmed plans to develop 1.5GW of solar projects across Spain. Earlier in the year, the renewable energy company secured landmark planning approval for its El Salobral project, Andalucia’s first subsidy free 45.6MW solar park in Espejo, Cordoba.
PV Magazine - Having developed in excess of 1 GW of solar projects in Europe and Australia over the past few years, EEW will leverage its experience in solar project development, project financing and finance structuring, technology expertise and establishing local relationships to drive its growth in Spain.
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.
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.
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.
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.
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.
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.
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.
PV Magazine - The British investement firm said its 3.9 MW solar facility currently under construction in the southern region of Murcia will sell electricity to the power provider Energya-VM under a 10-year PPA.
AQUILA CAPITAL - The projects are located in central and southern Portugal and will have an installed capacity of over 170 MWp. Construction of the projects is scheduled for completion by the end of 2018.
PV MAGAZINE -José Donoso, the president of Madrid-based solar association UNEF, recently spoke to pv magazine about Spain’s latest renewable energy auction, under which 3.9 GW of solar was allocated. He also talked about the spot market, private PPAs and the ways in which future auctions can facilitate the further development of large-scale solar.