The international organization has pledged to deploy clean energy generation equipment wherever possible in its global operations, with the help of the International Renewable Energy Agency.

China’s National Development and Reform Commission (NDRC) has allocated RMB500 million (US$78.1 million) for the incentive scheme for residential PV in 2021. Chinese electronic engineer TBEA is set to raise its controlling stake in polysilicon manufacturer Xinte Energy as it attempts to fund a planned 100,000-tons-per-year fab in Inner Mongolia.

Long distance, point-to-point transport of green hydrogen for industrial use can harness the cheap solar electricity available in some parts of the world but distributing the energy-storage gas to individual refueling stations, for vehicle fuel cell use, will likely have to depend on production nearby.

The government wants 30% of its power from clean energy sources by 2035 and the 50 MW of solar targeted by the World Bank would make up two-thirds of that ambition.

Utility DEWA has announced the first 300 MW of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park will be commissioned next month, with the first stage of the fourth phase due to arrive two months later.

Private equity funds in Ireland and the U.S. have moved for the English company, which developed and sold the first subsidy-free solar farm in England, the 6 MW Clayhill project in Flitwick.

A solar array planned in the Tetereane district of Cuamba has been described by its developer as the nation’s first independent power project to feature utility scale storage.

Moreover, Linyang Energy announced a plan to build a 10 GWh lithium-ion battery manufacturing facility in Qidong city, Jiangsu province. Chinese state-owned lender China Development Bank (CDB) has allocated RMB500 billion in special loans to support projects in the energy sector to help China reach its decarbonization targets

The final 980 MW of transmission capacity in parts of the Friesland regional grid have been allocated to generation projects, and state-owned network business Tennet says bottlenecks could occur over the next seven years.

The London-based development finance provider has made more than €50 million available for sustainable investment across three separate credit lines recently.