The in-country analyst has revised up its expectation for this year and says a healthy unsubsidized project pipeline will keep the numbers ticking over in 2021. The spending plans necessary to ramp up renewables targets in the next five-year plan, though, could put the nation on a collision course with the EU.

European electric transmission company body ENTSO-E has unveiled details of a project to install 11 GWh of electrolyzed hydrogen storage capacity across ten locations around the French capital by the end of the decade.

The second edition of the clean energy investment report produced by IRENA says the industry needs to unlock the $87 trillion being sat on by the world’s biggest investment houses – ‘greening’ the $100 trillion global bond market would help too.

The parliament and EU member states will now mull the proposed budget for 2021-27 which includes a €750 billion Covid recovery package and a Strategic Investment Facility it is hoped will unlock €150 billion for renewables and energy storage to 2027.

With the International Energy Agency publishing its latest five-year clean energy forecast today, pv magazine takes a look at the solar content of the 162-page document.

Shares in the Norwegian renewables company have been trading below the $26 price linked to a recent $527 million fundraising issuance which the developer launched to fund its planned acquisition of hydropower business SN Power.

The European Court of Justice in July agreed with the Chinese manufacturer, which had said the European Commission had no right to collect duties of 47.7% on any products exported before the company had been notified – in October 2016 – that it was having its access to a minimum price agreement withdrawn by the EU.

China PV module manufacturer Risen Energy has completed the acquisition of Dunan Solar’s polysilicon business and is now operating a 12,000 MT factory. Shanghai-listed PV equipment supplier JYT Corporation wants to build a 24 GW polysilicon manufacturing facility in Sichuan Province.

The electronics brand has announced plans for a virtual power plant aggregator JV with German specialist Next Kraftwerke ahead of the opening up of the control reserve market in Japan in April – and the planned switch from clean energy FITs to feed-in premium, top-up payments a year later.

The finance is being made available through Santander Brasil as part of an $8 billion global response to Covid-19.