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Finance

Enphase to issue $1bn senior notes

The inverter business will use some of the proceeds to buy back notes due to mature in 2024 and 2025.

Hybrid PV-CSP has a lower LCOE than gas in Chile

Researchers from the Center for Solar Energy Technologies of Fraunhofer Chile have conducted a comparative analysis which shows that the lowest levelized cost of energy (LCOE ) in Chile can be achieved by a combination of large scale PV and concentrated solar power (CSP).

More EU cash for green hydrogen

The sustainable gas is among ten areas of research and innovation which would benefit from backing by the bloc, member states and industry, if a new European Commission proposal is adopted.

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Austrian solar industry wants Covid-recovery funds spent on renewables-friendly grid

The national PV body in the country wants €1 billion from the EU’s recovery and resilience fund to be allocated to upgrading the electricity network to host more solar power generation capacity.

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Renewables compete with coal and shale oil as Jordan pursues energy independence

The kingdom has had a ban on new large scale clean energy projects since January 2019 as Covid-19 exacerbated a situation in which generation capacity already outstripped supply. Lifting that embargo, and re-starting renewables auctions would be a step in the right direction, according to IRENA.

Storage and PAYG critical to deployment of African off-grid renewables

The former need not necessarily relate to conventional lithium-ion batteries, however, as a recent webinar staged by Solarpower Europe and EU body GET.invest discovered.

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SunPower posts solid Q4 results as storage drives growth

SunPower’s distributed-generation services platform, as well as storage and digital solutions, will be key to its long-term growth, CEO Tom Werner said in an earnings call this week.

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EU reveals how much each member state can expect from Covid-recovery pot

The European Parliament and Council of Ministers continued to tidy up the details of the bloc’s Covid-recovery package today by publishing the rules of how the money will be disbursed.

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European Commission: Natural gas can be part of green transition

The EU today confirmed natural gas-fired power and heat generation facilities can qualify for Covid-recovery spending as long as they fulfil a maximum emission target or are accompanied by credible member-state plans to ramp up renewables usage.

Finance for 49 mini-grids in Sierra Leone and Uganda

Winch Energy has announced the project, which it hopes will be a significant bridgehead towards building $100 million worth of off-grid systems within two years, alongside Franco-Japanese partner Neot Offgrid Africa.

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