Sweden exits coal two years early

The Nordic nation is now the third European country to have waved goodbye to coal for power generation. Another 11 European states have made plans to follow suit over the next decade.

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Solar project gets under way at Polish coal site

Despite Covid-19 hampering development, construction and financing Polish energy giant Tauron will start constructing a 5 MW solar project on a former coal-fired power station site.

PV-powered hand sanitizer wins Covid-19 hackathon

An ESA-backed hackathon raised the idea of turning end-of-life PV modules into hand sanitizers. The team that won the hackathon is now working to rapidly roll out the solution at scale to contain the Covid-19 spread.

1

Renewables and geopolitics: Who will ‘win’ the energy transition?

The losers in a world which no longer runs on fossil fuels are obvious but the dividend from shrugging off hydrocarbon dependency will be spread around most of the world so it is the nations which are winning the cleantech manufacturing and intellectual property race which appear best positioned for the future.

1

European leaders push ‘Green Recovery’ plan for post-Covid economy

Political support for the idea of linking Covid-19 exit strategies to green policy appears to be mounting in EU institutions. Easter, appropriately enough, may have injected new life into the idea.

20

Debt financing the main obstacle to PV during Covid-19 crisis

Industry body SolarPower Europe hosted a webinar to consider how the global public health crisis will affect solar. While workers and materials are still available, industry experts are concerned about the state of the financial sector. Banks could become more conservative and raise the cost of capital for renewables projects.

2

Global corporate PV funding down 31% amid Covid-19 crisis

Mercom Capital Group has issued a report tallying up financial activity in the solar sector between January and March 2020. The sobering result is that cash flows are down by considerable margins on all metrics.

1

Toshiba bags contract for 147 MW project in Japan

The electronics brand said the project will be its largest engineering, procurement and construction order for a solar plant. Facilities on such a scale are rare in Japan because of land constraints.

BYD launches Blade Battery for improved fire safety in electric vehicles

During an online launch event, a Blade Battery pack was pierced with a nail without becoming unstable or experiencing dangerous high temperatures. The company says the device will be safer during car accidents.

European Council raises hopes of green stimulus package

The economic fallout of the Covid-19 outbreak is yet to be determined but as legislators scramble to establish fiscal support for the EU it is becoming clear the suits in Brussels are not prepared to scrap their hard-won Green Deal plan. Quite the opposite, in fact.

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