Ikea invests more in solar by the day
The Swedish furniture giant has said it will turn one of its Australian superstores into its first 100% renewables-powered solar+storage retail project. Australia is also home to the company’s first expansion of its retail solar offering, Solstråle.
Solarpack reveals details of record-breaking Indian PV project
The Spanish developer, which will sell solar energy at an Indian record low tariff of €0.028/kWh under a 25-year deal has spoken to pv magazine about the specifics of the landmark PV plant.
Covid-19 weekly round-up: Module prices fall as big solar starts to recover in Germany
Plus, there is hope of a bright new dawn with proposed legislative changes in Europe and the U.S. even as the solar equipment industry hits new lows and cyber attacks reportedly increase in frequency.
European Council resists calls for Just Transition Fund cash to be available for gas and nuclear generation
The heads of state of the 27 EU member states agreed to resist calls from a reported eight countries to expand the nature of projects eligible for energy transition support beyond renewables.
pv magazine video: New business models develop in surprising directions
Corporate power purchase agreements and the combination of PV plants with hydrogen production open up new medium-term financing opportunities for solar projects, as was demonstrated at the fourth session of the pv magazine Roundtable Europe event. The evolution of corporate deals may have been slowed by current price developments but hydrogen may come sooner than many had predicted.
Record-setting solar auction could open India up to foreign investment
Developers from France and Germany and investors with access to cheap U.S. and U.K. finance were among the winners in a 2 GW procurement round which saw Spanish company Solarpack lodge a record-low price for Indian solar power of $0.031/kWh.
Greek EV policy follows on the heels of environmental package
The government will table plans for EV purchase incentives and charging points after cutting through permitting red tape in recent legislation. A recent law has proved controversial in some quarters, though, as it brings the private sector into environmental licensing and resists calls to halt commercial development of protected areas.
Easing of Covid lockdown helped German big solar in May
The nation added a year-high of almost 450 MW of new capacity during the month to take the five-month total for 2020 to 1,926 MW. The solar subsidy will fall another 1.4% from tomorrow.
UK developer reveals 1 GW, subsidy-free solar and storage pipeline
Enso Energy and the former U.K. national Green Investment Bank now owned by Australian investor Macquarie, have revealed plans to develop an extensive solar project portfolio across England and Wales that will reportedly include tracker and bifacial technology and will be financed by power purchase agreements.
GCL generates another $85 million with new shares and 100 MW project sale
The polysilicon manufacturer, which is bent on slimming down its capital-intensive project development business, has generated another windfall to go towards servicing its onerous debt pile.
