Only 530 MW of the 2.97 GW of renewable energy generation capacity contracted in the procurement exercise went to solar. Eleven solar projects were successful and their final electricity prices were far below those offered by competing technologies.
Although only two of the nine projects selected in the auction are for hybrid biomass-solar power plants with some storage, seven will rely on renewable energy sources. The largest selected project, however, is a 123 MW gas power plant in the city of Boa Vista.
March 13 (Renewables Now) - SMA Sunbelt Energy GmbH has completed a 2.3-MWh energy storage system at a solar photovoltaic (PV) farm on Saba island in the Dutch Caribbean, the German company announced on Wednesday.