Highlights

The new net metering provisions came into force three years after the legislative process was launched. Power surplus will be sold to the grid at a rate of up to RUB2/kWh ($0.026).

The German photovoltaic manufacturer was once a trademark for German quality. After two bankruptcies, it is again active in Europe, primarily in the commercial and industrial rooftop segment. It sticks to the same philosophy: to offer superior solar solutions.

How do you know when an inverter or module is under-performing? Monitoring services should shed light on problems but AI-driven digital asset manager Raycatch says much information is hidden behind a wall of “noise.” Breaking that wall with advanced data analysis could unlock billions of cost savings.

The oversubscribed fund was closed with the help of a commitment by Austria’s national development bank. U.S. and Swedish state-owned lenders and impact investors dominate the pool of contributors to the debt finance, which will fund small-scale installations.

Zambia-based GreenCo Power is seeking independent power producers for the construction of a solar park with a capacity of up to 40 MW in the sub-Saharan country. The pilot project will be the first in taking advantage of new rules that liberalized the Zambian energy market by enabling bilateral power purchase agreements.

The Golomoti solar plant is expected to come online in 2022. The plant will be used to provide grid stability and reduce national dependence on diesel generators and hydroelectric generation.

AGL has revealed plans to acquire Epho and Solgen Energy Group, which will make it Australia’s largest climate polluter and its largest commercial solar provider.

Solar cell manufacturer Jiangsu Luneng Energy is planning to deploy more production capacity for both heterojunction and TOPCon products. Battery company CATL and inverter maker Kstar have completed construction of a 1 GW factory in Xiapu economic development zone, in Fujian.

Last week, several green hydrogen projects were announced in Latin America. AES Gener wants to set up a hydrogen production facility in Chile that would require around 850 MW of renewable energy capacity. The Uruguayan government is planning a tender for a pilot hydrogen project for sustainable mobility and the Mexican authorities are reviewing a large scale PV project planned to power a 75 MW hydrogen plant.

Russian nuclear energy giant Rosatom has acquired a 49% stake in Enertech International, a South Korean lithium-ion battery specialist, and has announced plans to build a gigafactory at an unspecified location in Russia. The start of production is scheduled for 2025.