Ikea to begin the sale of solar modules in Sweden
By 2025, the furniture giant plans to offer solar panels worldwide at its stores. The company is in negotiation with potential partners and a supplier for the sale of PV panels in Sweden, which is planned to start in the autumn.
SMA posts first-quarter loss
Sales revenue declined at the start of the year despite steady inverter shipments. The reverse was mainly due to sluggish project business and SMA is predicting significant increases in sales and earnings in the second half.
Spain’s Balearic Islands to host 10 MW hydrogen project
The green hydrogen production plant planned for the Lloseta industrial area will be a pioneer project for Spain and Europe, say regional government officials, and is scheduled to start operating from 2021.
Netherlands to issue green bonds worth up to €6 billion
On May 21, the triple-A rated nation will issue 20-year bonds for sustainable investments undertaken by its government. Eligible projects will include large scale renewable energy plants developed under the SDE+ incentive program.
EDF commissions ‘France’s largest collective self-consumption PV project’
A social housing development of 100 dwellings will benefit from the electricity generated by 600 sq meters of PV panels. Any output not used by residents will power hot water tanks, effectively functioning as an energy storage element of the project.
Australian school pioneers renewable PPA to reduce power bills
Echoing a growing appetite for corporate renewable power purchase agreements in Australia, Ascham School has become the first in New South Wales to ink a long-term deal with commercial electricity retailer Flow Power.
UK mulls 15% rise in VAT rates that would hit residential solar and storage
Having declared a climate emergency last week, the U.K. government is considering raising VAT rates from 5% to 20% on ‘energy saving materials’ in the home. While the tax authorities are blaming Europe, trade body the REA has pointed out the 5% rate would still apply for coal used for domestic heating.
Egypt plugs 780 MW of Benban solar projects into grid
A government ministry reportedly announced 16 operational solar plants with a total capacity of 780 MW have been connected, along with three more projects that are expected to bring another 150 MW of capacity online this month.
PV investors in Honduras facing retroactive review of solar tariffs
The government of the Central American country with the highest installed PV capacity wants to renegotiate contracts awarded in 2015 under an incentive regime. While domestic companies have reportedly agreed to reduce tariffs, international investors are said to be in no mood to capitulate.
IEA warning against stagnation of renewables
After two decades of growth, the amount of newly installed renewable energy capacity is no longer rising and, despite a 7% growth in electricity generation from clean energy sources, global energy-related carbon emissions have risen 1.7%.
