Centrica to join London blockchain trial for alternative billing

Using a blockchain-based energy trading system, the company seeks to examine ways to bill customers in the best manner for them and prosumers. In light of the potential removal of export tariffs for small scale solar in the UK, the system could provide alternative remuneration for system owners. The trial will run for six months, with the possibility of extending it to two years.

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Equinor takes 9.7% stake in Scatec Solar

The Norwegian oil producer has already partnered with Scatec on large-scale PV projects in Brazil and Argentina. The transaction cost $82.4 million.

Israel supports Angola’s solar ambition with $60m fund

The money will be used, among other things, to finance the construction of a 50 MW solar plant in Benguela province, in the west of the country.

TfL thinks big with aim to install renewables across London estate

The local transport provider wants generation facilities – almost certainly solar – across its 6,000 acres of land and roofs in the capital city, and hopes to break ground on the first sites within a year.

Canadian Solar revenue down but profits up in Q3 results

The Chinese-Canadian solar manufacturer shipped 1.59 GW of panels in the latest quarter. Despite a 15.8% turnover decline, operating result and net profit both grew significantly. Capacity expansion plans for 2019 are now said to be under review.

German government devotes €1bn to battery cell production

The Federal Ministry of Economics has published further details of possible battery cell production on a gigawatt scale. At the Networking Conference Electromobility 2018 in Berlin this week, Minister Peter Altmaier stressed the urgency of the project, for Germany and Europe to be independent of Asia and the US in storage technology.

Extent of India’s new utility-scale solar has almost halved in six months

India added 1.2 GW of large-scale projects in the third quarter of 2018-19, taking new capacity in the first half to 1.9 GW. The numbers are down 43% and 44%, respectively, on the same periods of the previous year, according to Bridge to India’s quarterly India Solar Compass.

Dutch government sets up €100 million fund for PV in schools

The scheme would provide low interest loans to Dutch schools willing to go solar. Some 6,000 of the country’s 7,000 school buildings have yet to install an array.

PV to take lion’s share of $120 billion annual investment

The impressive growth is unlikely to replace coal-fired power generation as it will only be sufficient to cover the predicted increase in demand for electricity. The electrification of heating, manufacturing and transportation offer room for further development.

US: Duke issues $1 billion in inaugural green bond offerings

In what it touts as one of the largest green bond transactions issued by a U.S. utility, Duke Energy Carolinas has issued bonds to further renewable energy development.

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