Max Hall
Varying capital costs favor wind over solar in Europe
Differing finance costs across the continent are likely to see wind-rich, high electricity demand nations such as Germany, France, Austria and Belgium forge ahead with renewables at the expense of countries with plenty of sun but where borrowing is expensive, according to a German study.
Oxis Energy battery cells nearing aviation applications
The English company says its modular solutions are due to undergo flight testing in the U.S. and are ‘three to five years’ from commercial production for aircraft.
Panda Green settles $350m notes with hours to spare
The debt-saddled developer now has to hope its latest, $230 million state bail-out goes ahead before summer or it will be left $260 million in hock to its Beijing-owned main shareholder.
Scatec Solar swung from profit to loss last year
The Norwegian solar developer has gone from a $15.5 million profit at the end of 2018 to a $4.33 million loss just as its project co-financiers banked $21.5 million.
Renewables deals dwarfed by oil and gas at UK-Africa Investment Summit
The scale of fossil fuel deals signed between African governments and U.K. oil and gas interests reportedly amounted to more than 11 times the volume of renewable energy commitments as Britain scrambles for post-Brexit financial opportunities.
Germany tops global league table for renewable energy
A list compiled by a British price comparison website draws upon data from German company Statista which shows clean energy – including hydro – made up 12.74% of the nation’s power mix at the end of September.
Congolese president makes off-grid renewables pledge
Félix Tshisekedi reportedly said he wants to use standalone energy units, such as solar home systems, to bring electricity to at least 21 million people in the next nine years.
‘China will add 35-38 GW of solar this year’
Power generation statistics released by the National Energy Administration appear to confirm the nation added 12 GW of solar last month. China also deployed another 41 GW of polluting coal-fired power plants last year.
China Huaneng to acquire 294 MW of GCL New Energy projects
The state-owned electric utility is preparing to acquire seven project companies in China, generating $156 million for the developer and removing a further $385 million of liabilities from its books.
Singyes owner Shuifa to funnel $62m into the business
The construction group, which indirectly owns 67% of the solar developer will pay the funds to complete the $98m sale of two 50 MW solar farms in China to a third-party soon to also be controlled by Shuifa.
