A tracking report from five major international agencies finds the world is lagging behind sustainable development goals for 2030. While more effort is needed to reach some of the world’s poorest populations, though, notable progress has been made in reducing the electrification deficit, thanks to off-grid solar and minigrids.
Scatec wants to expand in Southeast Asia and Vietnam is poised to become a hot market thanks to a generous feed-in tariff and a government that has set tight carbon emission targets.
While preparing for the country’s first, 1.35 GW solar tender in June, state secretary for energy João Galamba has revealed another procurement exercise will be held in January and rejected criticism next month’s auction has been badly designed.
Long awaited – and even longer debated – the 1000 pages of legislation have finally been adopted by all EU institutions. Over the coming 18 months, there will be changes, some big, some small, to the markets in Europe. Across the continent, the renewable energy industry is likely to benefit.
The European Bank for Reconstruction and Development is seeking consultants for a feasibility study for the project. The plant would be constructed on land owned by the Banque du Liban.
Big names in the running for 45-55 MW project in Chittagong as developers scramble to take advantage of an income tax exemption for clean energy investment that is due to expire this year.
The Hong Kong listed polysilicon manufacturer is selling off solar assets to fund its thirst for production capacity expansion. The proposed sale would net the company almost $290 million to reduce its debt pile.
The grouping, which includes UAE-based Masdar and Moroccan independent power producer Green of Africa, is planning to begin construction this year. The project is among those realized by the Moroccan Agency for Sustainable Energy, as part of the Noor Solar Plan to develop a minimum 2 GW of capacity by next year.
The solar-plus-storage combination is super-charging the deployment of batteries across the country and IHS Markit says the U.S. will become the largest market for grid-tied energy storage this year.
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