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PV industry calls for clarity on UK government’s 2050 emissions target

Representatives of the UK solar industry have praised prime minister Theresa May’s plan to amend the 2008 Climate Change Act with a 2050 net zero emissions target while urging the government to articulate how it will achieve its goal. In particular, the industry has pointed to the need to eliminate barriers that continue to hinder deployment of solar and battery storage systems.

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‘PPA deals signed under the opening three rounds of the REIPPPP must be renegotiated’

A representative of South Africa’s energy regulator said deals signed between 2011 and 2013 must be subject to lower tariffs to ease the financial crisis at national utility Eskom. The suggestion failed to convince delegates at an Africa Energy Forum panel discussion in Lisbon, however.

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U.K. government announces 2050 carbon neutrality ambition

Leaving with a last hurrah, Brexit casualty prime minister Theresa May has announced a statutory instrument to amend the Climate Change Act of 2008. The law currently prescribes an emissions cut of 80% by 2050, from a 1990 baseline. The new law will aim for net zero emissions by 2050, making the U.K. the first G7 nation to pass such legislation.

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How to capitalize on the Chinese clean energy juggernaut

Flying in the face of claims the rise of China’s clean energy sector undermines the security of developed nations and harms the profitability of their businesses, a research paper argues such a view is outdated and ill-advised. It presents four opportunities for Western players to tap ‘Green China Inc’.

Africa Energy Forum: $0.09/kWh the norm for African solar

The 21st Africa Energy Forum, this year in Lisbon, kicked off yesterday and will run until Friday. The meeting offers an insight into the continent’s energy markets.

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Solar offers increasingly lower capex in Russia’s renewables auction

Three projects with generation capacities of 5.6-6 MW were pre qualified for a 5.6 MW capacity procurement and Finnish utility Fortum secured the only PV project selected. The capex figure offered by solar developers was lower than that for 71 MW of wind power allocated and lower than for previous PV projects.

Scatec Solar connects another batch of bifacial tracking capacity in Egypt’s Benban complex

Boasting 195 MW of bifacial-and-tracking capacity, Scatec Solar is halfway to its planned 400 MW target for the technology combination at the 1.8 GW Benban park. The remainder is likely to come online this year.

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Scratching the surface of Brazil’s huge solar potential

Rodrigo Sauaia, CEO of Brazilian solar energy association ABSOLAR, analyzes the chances of PV in this year’s two energy auctions in which it can compete. But it is not all about auctions, Sauaia tells pv magazine, there are 2 GW of solar projects under development for which bilateral PPAs may be signed, and hundreds of MW worth of such schemes that have already secured contracts.

Indian developer Azure Power turns a full year profit

A profit is a profit, even if it amounts to less than $2,000, and the NYSE-listed developer appears to have turned the corner after a $14,700 loss a year ago. Borrowings are on the rise though, as the company plans to drum up an ever larger project portfolio.

Portugal’s 1.4 GW auction delayed to mid-July

Projects with capacity 10-50 MW can compete for grid connection with a voltage of 15-60 kV. Projects applying for a connection with a higher voltage will have to have more than 50 MW of generation capacity.

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