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Introduction of a new generation side Wheeling Charge on the early certified solar projects is being discussed by METI

Purpose of the new charge This measure has the purpose of sharing a portion of the grid cost between electricity end users and generators. Under the current system, the wheeking charge is generally born by retailers and then passed on to end customers. Application and potential adjustment measures The new generation side Wheeling Charge proposed by the Ministry of Economy, Trade and Industry ("METI") on an interim report on 20th August 2019 and currently under discussion, would be applied to all...
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Windfor, a company of Vector Cuatro, LTA in the refinancing of three wind farms in Italy with first green loan

Windfor, wholly-owned subsidiary of Vector Cuatro, has acted as Lenders’ Technical Advisor in the refinancing of three wind farms in Italy with first green loan. The three projects, owned by Cubico Sustainable Investment, total more than 99 MW. As Lender’s Technical Advisor, Windfor provided Technical Due Diligence services including permitting, grid connection and regulatory fulfilment assessment, land leases assessment, equator principles assessment, energy assessment, contracts assessment, en...
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Colombia’s first solar and wind power auction: 1298GW awarded to 3 solar farms and 5 onshore wind plants

After almost two years of planning and one failed attempt, Colombia has successfully had its first renewables auction with long-term PPAs secured. Considering Colombia’s market with great potential, many international players, such as Acciona, Canadian Solar, Enel Green Power, EDFR, Solarpack and Trina Solar all showed interest in participating. In this auction, seven electricity generators secured 15-year PPAs for 1298 MW of new wind and solar capacity spread over three solar and five onshore w...
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Investing in Mexico

Mexico is among the top 10 most attractive countries in the world with the highest investment in renewable energy. Currently, Mexico is in a situation of uncertainty and risk because the new Government of López Obrador has positioned itself against renewable energy auctions. In turn, the president of CFE (Federal Commission of Electricity) has requested the three previous auctions project contracts to be renegotiated. So far, in Mexico, three auctions have been carried out in the years 2015, 201...
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