EBRD injects funding into Turkey’s renewables
The European Bank for Reconstruction and Development (EBRD) is injecting USD110 million in new funds to Akbank, one of Turkey’s largest banks, to finance private companies investing in renewable energy and energy efficiency projects in Turkey, including solar PV projects.
UK: Brexit clean energy turmoil continues
The annual event of the U.K.’s All-Party Parliamentary Group for Renewable and Sustainable Energy (PRASEG) that took place this week in London depicted the turbulent phase the U.K. economy in general and the British clean energy sectors specifically have entered. Innovative business models are the first to suffer, the event suggested.
20 MW under construction in Senegal; 600 MW more in sub-Saharan Africa by 2020
Global private equity firm Denham Capital and African renewable energy investment company GreenWish announced a partnership to develop, build and finance a portfolio of 600 MW of renewable energy projects across sub-Saharan Africa by 2020.
What Brexit means for UK’s renewable energy development
The United Kingdom of England, Wales, Scotland and Northern Ireland has voted in yesterdays referendum to end its membership in the European Union. What does this mean for the country’s renewable energy sector?
Frequency response storage heating up in the UK
The UKs storage market had already been boosted by news of a 20 MW frequency response project and an ongoing tender for 200 MW of additional projects, now the debate has been pushed further along after the release of a UK parliamentary committee report on Friday.
Egypt and Jordan: solar tenders shuffle onwards
There is increasing solar PV activity in both countries, with the latest news concerning two flagship PV projects in Egypt and Jordan, each totaling 200 MW.
Greece’s islands are in need of more PV and storage
While Greece’s solar PV market starts to gather heat, pv magazine explores why Greece’s non-interconnected island region is the country’s number one spot in need of more solar PV and storage projects.
France: EDF embraces self-consumption and digitization
French utility EDF announced the launch of a new solar PV self-consumption offering under the Mon Soleil and Moi banner, which will become EDFs sole offering for residential customers in France.
Greece considers new retroactive PV cuts
Greece’s solar PV drama appears open-ended, at least as long as the deficit in the fund that remunerates renewable energy generators remains. Rumors about new retroactive tariff cuts in existing PV installations are spreading throughout the country.
Greece to auction new PV power
Greece is set to publish a new policy framework for the support of renewable energies in June, with the aim of putting it into law by July. Two pilot auctions for around 50 MW of solar PV will take place as part of the policy.
