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Covid-19

Poland prioritizes renewables in pandemic-recovery plans

It should come as no surprise that clean energy spending is a big chunk of Warsaw’s four-year EU grant and loans package, given that the nation’s grid-connected solar capacity rose from 3.99 GW at the end of 2020 to 6.3 GW four months ago, according to the International Renewable Energy Agency.

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Irena fleshes out chilling effect of Covid on off-grid solar

The clean power numbers published annually by the International Renewable Energy Agency provide a snapshot of the global solar market and, this year, a lot of figures were unchanged from the previous dataset, especially in the off-grid segment.

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Indebted Chinese developer spells out obligations in unaudited figures

Covid-19 has left Shunfeng International’s accountants unable to publish its official 2021 numbers on time, but its estimated figures announced a net current liability of almost $155 million and a “capital deficiency” of near $140 million.

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The sun is still shining on poly makers but solar developers struggling in China

Polysilicon maker Xinte is forging ahead with a huge expansion strategy just as solar developers at the opposite end of the industry continue to bleed cash.

African Development Bank offers local-currency credit to Nigeria’s clean power developers

Lack of locally-denominated finance, and of sufficiently long-term loans, are well established hurdles to the development of photovoltaics in Africa.

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Solar helps Bangladesh to universal access to electricity

A decade on from energy rationing, head of state Sheikh Hasina is poised to announce the achievement of an historic goal which has been made possible with the help of off-grid photovoltaics.

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Russian invasion of Ukraine weighing on Moldova’s PV sector 

The first months of the year pointed to a boom in Moldova’s solar sector, but the war has already started to negatively affect investment decisions.

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Scotland sourced almost all ‘gross electricity’ from renewables in 2020

The nation accounted for almost a quarter of the UK’s clean energy generation in a Covid-hit year as renewables accounted for 61.8% of its power mix, according to a study produced by the UK government.

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EU member states to spend €18bn of Covid cash on renewables

The 22 nations which have had their “recovery and resilience” spending plans approved by the European Commission are set to devote billions to clean energy facilities, with the cash set to be disbursed in three payments to the end of next year.

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Rooftop solar price to keep rising this year

British analyst GlobalData has predicted residential and commercial rooftop panels will not return to a declining price trend until next year, with post-Covid logistics headaches the cause, rather than a polysilicon shortage.

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