Zimbabwe’s struggle for solar
After several year of stalled and failed projects, Zimbabwe’s government is now seeking to implement existing projects, and to get rid of licensed projects that have never been realized. The first attempt will be pushing forward the 100 MW Gwanda solar project, which had been awarded to Intratek in 2015. The government is further planning to grant incentives to rooftop PV under net metering.
Shell, Sumitomo invest in LO3 Energy to develop blockchain-based community microgrids
Two corporate heavyweights have announced investments in the New York-based developer and operator of peer-to-peer energy platforms. The funding will allow LO3 to scale its blockchain-based community energy networks worldwide.
India added 1,836 MW of rooftop solar in last fiscal year
Maharashtra, Rajasthan, Gujarat, Karnataka and Tamil Nadu were the top five states by annual installation, accounting for 60% of the new capacity.
Australia will need 15 GW of utility scale storage by early 2040s
Increased storage and strategic transmission development will be needed to ensure the most economic and lowest risk transition of Australia’s energy system, the Australian Energy Market Operator said in its latest study. In 20 years’ time, the need for storage will be at a scale not seen before in the national electricity market, and pumped hydro and distributed storage are set to play major roles in lowering electricity prices and building a reliable and resilient power system.
E.on switches UK residential offering to 100% renewables
The 3.3 million U.K. households that get their electricity from E.on will receive only renewable energy. The company referred to a public opinion poll as a motivation for the move.
There may be a sunny outlook for Greece
The nation elected a new government yesterday, awarding a clear majority to the pro-EU New Democracy party. What could that mean for Greece’s solar sector?
Indian ministry calls for EV manufacturing equivalent of Detroit
The nation’s annual Economic Survey placed EVs at the heart of India’s decarbonization and called for an industrial hub where electric vehicles and the batteries to run them could be manufactured.
EY blog warns grid operators ‘the clock is ticking’
The energy transition is accelerating, Ernst & Young global energy leader Benoit Laclau has warned grid operators, thanks to the confluence of digitization, decentralization and decarbonization. Traditional utilities must get with the program or be swept aside.
Moixa contracted under residential flexibility power scheme in the UK
U.K. Power Networks has tendered 18.2 MW of flexible power capacity to six companies across eight regions. With regular feed-in returns hanging in the wind in the U.K., flexibility and peak time management payments could be an alternative source of income for the solar industry.
Sunnova to go public
The company will list on the NYSE under the symbol NOVA. Sunnova’s prospectus filing reveals information about the company’s finances and operation.
