Installations

Pending final closing, the Electrification Financing Initiative has announced it is considering private equity investments of €1.5 million to two French firms operating in Benin, Togo, Burkina Faso and Senegal, and $1.5 million to a Tanzanian business operating in Tanzania and Uganda.

European renewables, including Spanish solar, made big gains as energy demand recovered before the second wave of Covid infections. Nuclear was a notable loser, in part because clean energy volumes in the north of the continent drove down power prices sufficiently to make reactors uncompetitive.

A study has analyzed the technical and financial feasibility of floating solar at hydro power plants. The report concludes floating PV reduces evaporation from hydropower reservoirs and the water saved can be used to generate more electricity.

The EV manufacturer with big solar ambitions has finally leveraged its expertise in power electronics technology and launched a solar inverter.

Land scarcity and grid congestion are the main reasons for unexpectedly low capacity allocations in Japan’s five PV auctions between 2017 and January 2020. However, the auction outcomes should not be seen as disappointing, as the average final prices were close to the cost of electricity for solar, says the International Renewable Energy Agency.

The procurement exercise has been planned for the first quarter of the year.

Scientists applied a model where rooftop PV and electric vehicle batteries are integrated into the energy system of nine Japanese cities. Their findings suggests that such a system could meet more than half of every city’s total energy demand by 2030, and as much as 95% in some cases. The model also reveals opportunities to cut both pollution and energy costs for urban populations in Japan.

Spain’s Repsol will develop a €4.5 million ($5.5 million) pilot project to produce green hydrogen with floating PV for the Santander Port Authority. It will be completed in December 2023.

Huawei has strengthened its technology partnership with Chint, while TBEA is planning an IPO for its polysilicon unit Xinte Energy. Furthermore, glass manufacturers keep acting to overcome current bottleneck.

The tender was launched by Energy Efficiency Services Limited (EESL), an energy service company owned by the government of India.