The government of Goa, now reeling under severe electricity shortages, has decided to extend its solar power purchase agreement with NTPC Vidyut Vyapar Nigam by three years, following a complete lack of interest in the Indian state’s recent solar tenders.
Publicly-owned power company Eneco has explored the possibility of an IPO since early 2017 and now appears set to pass into new ownership.
The Shanghai-based project developer – which will soon relocate to the U.S. – says the profit margins are not high enough in those markets and has cancelled its project pipeline in the nations. The company has also changed its CEO after less than five months and is on a drive to reduce capital costs.
The political statements issued by the Conservatives, Labour, the Lib Dems and even the Green Party almost entirely ignore solar power amid a welter of vague ambitions ahead of the December vote. The increasingly obvious effects of climate change have clearly entered the consciousness of voters, though – the net zero commitment even got as high as page 55 of the Conservatives’ 62-page document.
Dutch gas and power provider Essent has agreed to buy the Amsterdam-based renewables marketplace for an undisclosed sum. Vandebron sells electricity aggregated from wind, solar and biomass projects.
A project on Isabela Island in Ecuador’s Galapagos archipelago has given its 3,500 inhabitants energy generated by local resources, including plant oil produced on the continent. Preferable to a logistically challenging and hyper expensive extension of the mainland grid, if the $13 million island system were installed today, it would be cheaper than when it was contracted four years ago.
WEnergy was celebrating the commissioning of its solar-diesel-storage off-grid network on the island of Palawan. Four more networks could come online within two years, said the developer, as part of a planned 15 microgrids in the nation.
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