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EU raises another €15bn for Covid-recovery effort

The bloc’s latest two bonds were oversubscribed more than 11 times yesterday as the European Commission announced the results of a second fundraising round which already puts the EU almost halfway to the €80 billion it intends to generate through such instruments this year.

Netherlands licenses first EV smart charging company to provide grid services

The NewMotion electric vehicle (EV) charging business owned by Anglo-Dutch energy giant Shell has become the first such entity to obtain a licence to provide grid balancing services in the Netherlands. Dutch grid company Tennet has licensed NewMotion to provide megawatt-scale balancing services to maintain grid frequency at 50 Hz by varying the rate at […]

Electrification could drive 51 GW of solar in Canada by 2050

And that figure is based on a less ambitious climate change policy than the one Ottawa has committed to since the North American Renewable Integration Study started, in 2018.

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Jinko and Canadian Solar prepare for Shanghai floats

The two big solar players are preparing to list big slices of their business on the STAR market tech board.

New renewables cheaper than legacy coal or gas for almost half the world’s population

Electricity bill payers in nations as diverse as Germany, Greece, India and China should be aware new solar projects can now generate electricity cheaper for them than legacy coal and gas-fired plants.

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GCL sells another 380 MW of solar parks to State Power Investment Corp

With trading in its Hong Kong-listed stock still suspended, the project development arm of the polysilicon manufacturer has continued its drive to sell down its portfolio to state-owned institutions.

Chinese PV Industry Brief: New solar glass factory in Jiangsu, Longi maintains wafer prices unchanged

Triumph Group is planning to build a $1.71 billion PV glass factory in Suqian City, Jiangsu Province. Longi has maintained unchanged the prices of its wafers for July.

‘Low-cost renewable hydrogen may already be in reach’

If the three record-busting low solar price tariffs recorded in the Middle East in the past 18 months are to be believed, renewables-powered hydrogen in prime sites in the region could already compete with gas-plus-CCS production, according to IRENA. Has the Gulf discovered the new petrol?

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Overdue subsidy payments force Chinese solar developer to sell off prized LED business

Shunfeng International wants shareholders to wave through the sale of a business unit which offered a rare positive update in its last set of annual accounts. The parent wants to accept an offer for the operation from a company controlled by one of the directors of the seller.

‘New solar will be cheaper than existing conventional power stations in Germany this year’

With forecasters predicting the carbon price will top €100 per ton by 2030, the latest edition of a Fraunhofer ISE study into electricity generation costs has painted the renewables-versus-fossil fuels conundrum as something of a no-brainer.

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