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Finance

Bangladeshi apparel makers opt for rooftop solar

More than 500 factories have registered to make their manufacturing facilities more eco friendly in the garment exporting powerhouse and the nation’s net metering rules offer an obvious step in the right direction.

3

Consultant plays down Chinese solar fever

The nation is set to have added 40 GW of solar in 2020 and that figure will rise again this year, to 45-50 GW, according to one of the year’s first industry predictions.

2

Uzbekistan announces second phase of 500 MW solar tender

Uzbekistan’s Ministry of Energy has revealed plans to launch a new solar tender in early 2021. Separately, the Asian Development Bank signed a deal last week to provide up to $175 million in loans to back the development of another 100 MW solar project in the country.

4

Sonnedix closes €160m of financing in Italy

Sonnedix has secured €160 million of non-recourse financing for solar PV projects in Italy.

2

PV trends of 2020: Part 2

Despite much of the world being on lockdown for a big chunk of 2020, there are few who could say it has been an uneventful year. And while the ongoing Covid-19 pandemic will be what defines 2020 for many, in the solar industry there’s plenty more to shout about, from the rapid rollout of high-powered modules to a drastic increase in carbon-neutral pledges from companies and governments around the world. Across five installments, pv magazine takes a look back at the year in solar. First up were the U.S. election and carbon neutral pledges. Today, we’re talking about auctions and green bonds.

4

The weekend read: New EU financing mechanism set to boost PV investments

A new EU framework designed to incentivize cross-border renewables financing could help accelerate the roll-out of solar PV projects across Europe. However, investors are awaiting more clarity about how the system will work in practice.

1

Somali solar providers can apply for grants from $8.5m pot

Solar distributors and service providers and microfinance businesses which are rolling out PV systems in Somalia and the self-declared Republic of Somalil and have been offered access to grants from development donors.

3

Crossboundary offers up its mini grids business model for African peers to benefit

The Kenyan financial services business has been developing rural mini grids across Africa and has announced plans to show its rivals how such networks can thrive, in a bid to accelerate access to electricity on the continent.

3

US developer Eleris plans 2.2 GW of solar in Bangladesh

The proposal includes 1 GW of solar farms on an army training base island in the estuary of the Meghna river.

Ten-year renewal of Estonia’s renewables support program

New €450 million incentive regime needed to be approved under EU state aid rules.

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