PV industry calls for clarity on UK government’s 2050 emissions target

Representatives of the UK solar industry have praised prime minister Theresa May’s plan to amend the 2008 Climate Change Act with a 2050 net zero emissions target while urging the government to articulate how it will achieve its goal. In particular, the industry has pointed to the need to eliminate barriers that continue to hinder deployment of solar and battery storage systems.

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Sharp completes 49 MW in central Vietnam

A unit of the Japanese electronics group has finished building a 49 MW solar array in Quang Ngai province, in collaboration with Thailand’s Sermsang Power.

Marubeni leads $26m investment in off-grid African solar

The Japanese conglomerate is leading a $26 million equity investment in Azuri Technologies, which provides pay-as-you-go solar home solutions to off-grid communities throughout sub-Saharan Africa.

Growth slows in India as developers add 1.7 GW of solar in Q1

The country’s solar installations fell 49% year-on-year in the first three months of 2019, with rooftop PV additions plunging as installers struggled to secure approval for projects immediately before the Indian general election, according to new statistics from Mercom India Research.

Belectric installs 1.9 MWh of battery storage for Audi in Germany

The German EPC contractor built the 1.9 MWh energy storage system for the automaker as part of a micro smart grid project on the EUREF Campus, a green innovation hub in Berlin.

OCBC Bank consortium to finance 30 MW in Malaysia

A group led by the Singapore-based lender has revealed plans to finance a 30 MW solar project in northwestern Peninsular Malaysia. The companies did not disclose additional details about the financing package.

Legislative amendments pave way for Portugal’s 1.35 GW solar auction

The Portuguese government has approved legislative amendments that it says will facilitate its plans to auction off 1.35 GW of solar capacity this summer. The Portuguese energy minister, meanwhile, said that the government hopes to see €6 billion of investment in solar by 2030.

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Holaluz, Chint Energy sign deal for 500 MW of solar in Spain

Spain’s Holaluz has agreed to buy electricity from up to 500 MW of solar capacity that China’s Chint Energy plans to build in Spain. The investment has been estimated at roughly €350 million.

CIP raises $700m in first close of new renewables fund

Copenhagen Infrastructure Partners’ new fund, CIP New Markets Fund I K/S, will invest in renewable energy infrastructure, including solar, in countries throughout Latin America and Asia.

UK Labour Party vows to roll out solar on 1.75m homes

The UK Labour Party has revealed plans to facilitate the installation of solar panels on 1.75 million homes, with a particular focus on low-income households.

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