The funds will come from the Connecting Europe Facility. Around €504 million will be used for electricity infrastructure and smart grids and another €286 million will be devoted to gas. The remaining €9 million will be allocated to studies on the development of carbon dioxide transport infrastructure.

The Smart Grid Station wind-PV facility also incorporates a 500 kWh lithium-ion battery storage system, around 2,000 internet of things-derived sensors and smart meters. The plant was installed by the Dubai Electricity and Water Authority and Korean utility KEPCO.

Although power companies have urged the new administration of Jair Bolsonaro to reduce incentives for net metered solar distributed generation, ANEEL has proposed maintaining them until PV reaches a certain proportion of the electricity sector.

Transition to a world run entirely on clean energy – together with the implementation of natural climate solutions – is the only way to halt climate change and keep the global temperature rise below 1.5°C, according to another significant study.

Despite recent efforts to improve the power network, in order to host more generation capacity from large-scale solar and renewables, Dutch transmission system operators TenneT and Enexis have said that there is very limited capacity for more solar in the provinces of Groningen, Drenthe and Overijssel.

The hybrid plants will be developed as independent power producer (IPP) projects at 11 off-grid sites. The largest project will be developed on the island of Mazeira, off the east coast of mainland Oman in the Arabian Sea.

The Baltic nation installed 90 MW of PV last year, four times more than it had done since it began adopting solar. The growth was down to a new regulation issued by the government in June and the big push came mainly from small installations.

The 25-year agreement relates to a 6 MW solar plant that will meet up to 4% of the electricity demand of a facility owned by the Arabian Cement Company, in Egypt’s Suez governorate. The project is being financed by local bank QNB AlAhli under the EBRD’s Green Economy Program.

From Friday, Romanian homeowners and businesses may file applications for rebates that could cover up to 90% of the cost of rooftop arrays, provided the grant does not exceed $4,830. Applications will be accepted until March 1.

The world’s biggest solar market reached a cumulative installed PV capacity of 174.63 GW at the end of last year.