Patrick Jowett
Desert-to-Power initiative seeking consultants for 10 GW of solar
The African Development Bank has asked financial management specialists to submit expressions of interest for two parts of its Desert-to-Power initiative, which aims to deploy 10 GW of solar by 2030 in the Sahel region.
Recurrent Energy secures €1.3 billion financing for European project pipeline
The subsidiary of Chinese-Canadian solar manufacturer Canadian Solar says the financing will go towards developing and constructing solar and battery energy storage projects across Spain, Italy, the UK, the Netherlands, France and Germany.
Denmark to restart heat pump subsidy scheme
Danish citizens will once again be able to apply for heat pump subsidies from May 27. A DKK 17,000 ($2,469) grant will be available for air-to-water pumps and DKK 27,000 for liquid-to-water heat pumps.
Alcazar Energy Partners secures $490 million for second renewables fund
Alcazar Energy Partners has reached financial close, totaling $490 million, for its second renewable energy fund. It aims to develop more than 1.6 GW of clean energy projects across selected emerging markets, including the western Balkans.
Tender opens for feasibility study on floating solar in Zambia
The African Development Bank is seeking expressions of interest from consultants to carry out a feasibility study for a floating solar project at a dam in southern Zambia. The deadline for applications is June 15.
AleaSoft records drop in weekly European electricity prices
Spanish consultancy AleaSoft Energy Forecasting registered a decrease in weekly electricity markets in all major European markets, bar the British and Italian markets, in the third week of May. The German market, meanwhile, broke its record for PV production on May 14, recording 404 GWh.
Renewables must triple by 2030 to hit net-zero by 2050, says BloombergNEF
BloombergNEF says in a new report that solar and wind must drive most emissions cuts before 2030 to stay on track for net-zero by 2050. Its net-zero scenario targets a combined solar and wind capacity of 31 TW by 2050.
Consumer knowledge key for solar adoption in Saudi Arabia
A new research paper urges the Saudi Arabian government to improve consumer knowledge of renewable energy to encourage the adoption of solar by domestic consumers.
European developer reaches financial close on 10 MW of solar in Tunisia
European renewables developer Qair will build a 10 MW solar plant in western Tunisia with a €3.9 million ($4.2 million) loan from the European Bank for Reconstruction and Development (EBRD), as well as to up to €1 million in concessional funding from Finland.
Think tank calls for power wheeling in Indonesia
The Institute for Essential Services Reform (IESR), a Jakarta-based think tank, is advocating for power wheeling to be implemented in Indonesia. It says it would create a renewable energy market and have a positive impact on industrial investment.
