Electricity transmission system operator Tennet has been forced to notify its regulator of more bottlenecks ahead, with the 5.6 GW capacity of the Gelderland and Flevopolder regional network already contracted out.
A report by BloombergNEF and Schneider Electric has pressed the case for governments to unlock the world’s potentially huge rooftop solar potential, and cited California’s solar mandate as a shining example.
Energy access entity EDFI ElectriFi has offered the revolving credit facility to a Californian distributor which supplies affordable, pay-as-you-go-enabled devices.
The ARM-Harith Cities and Climate Transition Fund will feature public and private finance, according to the joint venture behind it.
The PV project, near the agricultural town of Douglas, is expected to generate enough clean electricity to power 20,000 households.
The latest, seven-year investment attracted offers worth more than €100 billion from investors and means the European Union has already generated €54 billion of the €80 billion of bond proceeds it is aiming for this year, as part of its five-year, €800 billion NextGenerationEU support package.
A note issued by Norwegian analyst Rystad has hinted it may be time to consider abandoning the 1.5-degree average global temperature rise ceiling agreed upon in Paris six years ago, because the world will never be able to pump out enough solar panels in time.
AntaiSolar has secured a 400 MW contract from Ningxia Jiayang Energy and Longi has raised the prices of all its wafers. Elsewhere, GCL New Energy has announced the sale of another 198 MW of project capacity.
With renewable energy generation said to consume up to 95% less water than fossil-fuel fired power plants, solar could lead the way to a less stressed existence in mid century, according to researchers from Finland’s LUT.
With pressure mounting on the world’s governments to turn their back on the fossil fuel, China and peers in South East Asia, Europe and South Asia could help deliver a coal-free future at the COP26 climate summit planned in Glasgow in November.
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