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IFC to help Bangladesh with public-private solar partnerships

The lender’s private sector arm will help formulate a tendering process to identify the best suited partners for the development of PV projects in Bangladesh.

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Kyocera to launch world first SemiSolid lithium-ion battery      

The Japanese electronics giant is offering a new cell architecture developed by battery start-up 24M, in the U.S., which significantly improves battery economics. Kyocera will be the first company to bring the technology to market.

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EU data protection rules could kill VPPs and other new business models

Ursula von der Leyen’s newly-appointed EU Commission is facing an early test of its credentials with the European Council caught in the crossfire over citizen data rights. The renewables industry voiced fears yesterday, at a digitalization conference in Berlin, that overstrict data protection rules could kill data-driven business models while the media is set to portray any perceived weakening of the legislation as evidence of EU lawmakers being in thrall to the Silicon Valley internet giants.

The weekend read: Islanding on and off the ocean

Microgrids are traditionally deployed where end users are not spoiled for choice. The remoteness and terrain of the Maldives make grid access impossible, and without any other choice, the deployment of hundreds of microgrids could be spot on. A leaf out of the island nation’s book could also support other less remote regions in preparing for the energy transition.

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Ikea puts aside €200m for carbon-positive vision

The furniture brand has touted its plan for a sustainable future before. Now, ahead of the COP25 climate change conference, Ikea says it will spend €200 million improving raw material sourcing and realizing 100% clean energy supply for its production operations.

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Mitsubishi consortium to acquire Dutch utility Eneco

Publicly-owned power company Eneco has explored the possibility of an IPO since early 2017 and now appears set to pass into new ownership.

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Estonia launches competitive renewables auctions

With the market all but grinding to a halt this year after an incentive scheme expired, the government has launched a new capacity procurement system. PV could be a winner in the first auction round but, as of 2021, solar could face stiff competition from wind and biomass.

Exeger and ABB to build ‘light harvesting material’ fab in Sweden

Swedish company Exeger says the dye-sensitized ‘light-harvesting material’ it will produce at its facility will generate enough power to prevent the need to recharge portable electronic devices, lengthening battery lifespan perhaps indefinitely.

British capacity market row continues over £1 billion payment insecurities

The bickering around the British Capacity Market is not over yet. The European Commission has closed its formal investigation into the market mechanism’s alleged violation of EU State Aid rules, finding no violations of that kind. But footing the bill for the year-long suspension of the scheme might prove complicated.

Mirova raises €857m in Eurofideme 4 funding round for renewables

The investment manager is now Europe’s largest renewable energy fund. The €1.3 billion group already has a 1.8 GW generation portfolio.

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