Solar fastest growing energy source in 2016, finds latest IEA report
The International Energy Agency’s Renewables 2017 report finds that solar PV capacity grew 50% last year, underpinning a 12% increase in this year’s renewables forecast and prompting the IEA to forecast 1,000 GW of clean energy by 2022.
Interview: Anesco talks about its subsidy-free solar plans for the UK
British renewable energy developer Anesco this week commissioned the U.K.’s first large-scale, subsidy-free solar farm. pv magazine talks to Anesco Executive Chairman Steve Shine to learn more about the project, and the company’s future plans.
Foresight Solar Fund to buy 48% stake in 110 MW Bannerton solar farm in Australia
The British solar energy developer will purchase its first PV asset outside of the U.K. in the deal, which is being conducted as part of a joint venture with Syncline Energy Pty Ltd.
Denmark to provide level playing field for solar subsidies
Danish government and People’s Party agree to allow solar and onshore wind projects to compete on equal terms in tender auctions over next two years.
X-Elio raising €92.5 million bonds to refinance five solar projects
The Spanish renewable energy developer to issue bonds for the refinancing of 33 MW of installed PV capacity located in Spain.
easyJet eyes battery-powered short haul flights within decade
The U.K.-based low-cost airline believes it could operate electric flights under two hours in duration within the decade, having partnered with U.S. firm Wright Electric to develop a battery-propelled aircraft.
Dyson aiming to hoover up EV market with new battery-powered car
The British engineering firm will invest £2bn in the development of a new electric car that Sir James Dyson has labelled ‘radical’. News prompts U.K. Renewable Energy Association to urge government to develop national EV charging strategy.
France to spend €7bn on renewables by 2022
Government of France will invest total of €20 billion in five-year energy transition plan between 2018 and 2022, including €7 billion on renewables, €4 billion on cleaner vehicles and €9 billion on improved energy efficiency.
ReneSola to sell all shares in solar manufacturing business to CEO
Share purchase and subscription agreement struck by the Chinese solar company will see 100% of all share capital related to its manufacturing and LED distribution business transferred to the CEO, Xianshou Li, as part of firm’s restructuring.
ABB signs MoU, will part-finance Europe’s largest lithium-ion battery fab in Sweden
The Swiss power electronics specialist is to work alongside Northvolt on the development of battery solutions, R&D and factory automation at a new state-of-the-art lithium-ion battery factory in Sweden.
