Gridserve to build PV-powered, battery-backed EV charging stations
Gridserve has revealed plans to install more than 100 electric-vehicle charging stations throughout the U.K. It will start building the first of these facilities later this year, backed by a £1 billion ($1.7 billion) investment.
Philippines lowers FIT levy
The country’s energy regulator has decided to reduce the levy that finances the FIT program for renewable energy from P 0.2563/kWh to P 0.2226 ($0.004)/kWh. The lower levy is expected to go into effect next month.
African Development Bank approves $20m to back minigrids in DRC
The board of the multilateral development finance institution has approved a $20 million facility to back the deployment of renewables-based minigrid projects in the Democratic Republic of Congo.
EBRD spearheads effort to auction off renewables in Azerbaijan
The European Bank for Reconstruction and Development (EBRD) has issued an open call to hire a consulting firm to help the government of Azerbaijan to design and launch auctions for renewable energy.
LCOE for li-ion batteries has fallen to $187/MWh — BNEF
Lithium-ion batteries are increasingly posing a competitive threat to coal- and gas-fired generating plants when paired with solar and wind projects in a number of markets throughout the world, without the need for subsidies, according to new research by BloombergNEF (BNEF).
Ontario to source electricity from auctions from 2022
The Independent Electricity System Operator (IESO) in the Canadian province of Ontario has revealed plans to launch annual capacity auctions in a bid to reduce electricity costs for households.
Shunfeng to sell production assets for $447m
A unit of Shunfeng International Clean Energy (SFCE) has agreed to sell PV manufacturing assets to Asia Pacific Resources Development Investment for RMB 3 billion ($447 million).
Sentis Capital intensifies call for change at Meyer Burger with new website
Meyer Burger Technology’s largest single shareholder has followed up on its recent call for the Swiss technology group to embark on a new strategic path by launching a new website.
NEC ES completes 18 MW, 7.5 MWh storage project for EKZ in Switzerland
NEC Energy Solutions has finished installing an 18 MW, 7.5 MWh grid storage system (GSS) in Switzerland for Elektrizitätswerke des Kantons Zürich.
ADB offers $50m to Avaada to push PV in India
The Asian Development Bank (ADB) has revealed plans to invest $50 million to help New Delhi-based renewables developer Avaada to quickly deploy solar throughout India.
