Benban developers on brink of settling reported $102m cost-sharing deal
Sources connected to developers at the site confirm the figure has been agreed with the Egyptian Electricity Transmission Company but said it was still subject to change. The utility is seeking raised contributions from renewables companies to cover what it says were rises in building material costs.
Chinese PV Industry Brief: Inner Mongolia set for 5 GW solar-storage-hydrogen complex
The China Energy Investment Corp is planning to invest RMB22 billion in a facility in the autonomous region. The state-owned mining and energy company has signed a framework agreement with the government of the city of Yijin Holo Banner for the project.
Work begins on Sweden’s largest rooftop PV project
A 5 MW array is being deployed at a logistics center owned by Stockholm-based real estate specialist NREP.
German PV equipment providers still affected by Covid-19 crisis
Orders fell more than 70% in the second quarter but China’s economic recovery is providing the basis for cautious optimism.
Climate change to reduce solar radiation in hot, arid regions
A new Princeton University study shows that PV plants in hot, arid parts of the world, such as the Middle East and the U.S. Southwest, will be particularly affected by climate change.
Lithium-ion gigafactory breaks ground in Australia
Less than a year from now, Australia will start producing its own renewables-storing lithium-ion batteries in New South Wales.
Trump pulls tariff exemption for bifacial panels – again
The U.S. president issued a proclamation on Oct. 10 that cites the impact of imported bifacial panels on U.S. solar manufacturing, while also raising the scheduled fourth-year tariff rate from 15% to 18%.
Fotowatio secures financing for 90 MW solar plant in grid-challenged southeastern Australia
Sustainable intentions come together in the signing of a green loan to fund ongoing development of FRV’s Sebastopol Solar Farm, which lender ING says contributes towards its ‘ambition to align our lending portfolio with the Paris Agreement goals.’
The weekend read: Mexico headed for a solar slowdown
It has already been a complicated year in terms of private investments in Mexico’s energy sector. And for solar, a lack of policy certainty and a government supportive of the fossil fuels industry are serving to further muddy the waters for projects already in development, while putting the brakes on any new plans.
India’s wind-solar hybrid capacity may reach 11.6 GW by 2023
According to a new report by the Institute for Energy Economics and Financial Analysis (Ieefa) and JMK Research, the Solar Energy Corporation of India (SECI) has so far tendered a total of 12,860 MW hybrid capacity.
