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Employment

China’s ‘quasi-monopolistic’ stranglehold on solar noted by EU body

The bloc should accelerate investment into mining and processing within its shores, as well as ramping up recycling, according to European employers and trades unions, with coal workers already equipped with the necessary transferable skills.

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Global temperature goal of 1.5C needs 14 TW of solar by mid century

Renewable electricity will be linked to 90% of the actions needed to remove carbon emissions in 2050, according to the International Renewable Energy Agency, and the biggest volume of generation capacity will be provided by solar.

German solar developer faces demonstration in Bangladesh

Ib Vogt and its local partner are facing protests from farmers who claim a planned 207-acre PV project site will destroy their livelihoods by occupying fertile fields.

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Solar-led renewable energy system could free up 10% of Caribbean nation’s GDP

A mix of solar and wind power can help Antigua and Barbuda to an almost-90% renewable energy system, and green hydrogen could then show the path to hitting the national ambition of 100% green power by 2030, and net zero by 2050.

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Panasonic to exit solar manufacturing

The Japanese brand will continue to sell third-party-made modules under its brand in its home market, as it already does overseas, but in-house PV wafer, cell and module production will halt by the end of fiscal year 2022.

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The world won’t wait – Biden needs to catch up

The inauguration of Joe Biden as the 46th President of the United States has brought hope the country will play a central role in the world’s energy transition and combating climate change. However, rather than teaching other countries lessons, the U.S. will need to catch up with the rest of the world, and it needs to do so quickly – the world won’t wait for the U.S.

IFC says green recovery could drive $2.5tn renewables market this decade

The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.

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EU-China Comprehensive Agreement on Investment opens manufacturing options, dodges forced-labor issues

The European Commission has finalized its long-anticipated investment agreement with China. While some renewable energy businesses might benefit from improved investment security, IP protection and access to legal remedies in China, the Commission did not address the issue of Uyghur forced labor in China. As a majority block in the European Parliament had previously demanded from the Commisison to develop a firm policy to end forced labor in China, there is reason for doubt that the agreement as it stands will be adopted by the EU Parliament.

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Mini grids grant could drive 80 MW of new capacity in Africa

A new fund established by the African Development Bank could attract $650 million of private money into the sector, according to the lender.

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Green projects eligible as EU throws another €40bn at Covid recovery

Italy is in line for €11.4 billion if member states sign off an emergency funding package which will distribute funds based on the GDP and unemployment figures of their economies in June, July and August.

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