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Finance

CEO of residential solar installer survived gangs and prison, only to face structural racism in his career

Solar workforce development can help combat systemic racism in the industry.

Meyer Burger reveals locations for new cell, module plants in Germany

Production of highly efficient solar cells and modules will start at two sites in Germany from the first half of 2021. The Swiss tech group plans to eventually expand annual production to 5 GW.

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First-half solar funding fell by a quarter as Covid-19 bit

The latest PV finance report released by Mercom Capital had solar investment falling almost entirely across the board with the number of new solar funds launched in the last three months offering a rare piece of good news.

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Enel joins the Indian solar gold rush

The Italian utility, fresh from securing its first 300 MW of PV generation capacity in the country in a recent, record-setting tender, has teamed up with the state-owned Norwegian Investment Fund to commit to further clean energy facilities in India.

EU hydrogen strategy could drive 120 GW of renewables capacity

The European Commission has outlined a long-anticipated plan it says could unlock up to €340 billion for new solar and wind projects over the next decade. The 30-year strategy envisages up to €470 billion being spent on electrolyzer capacity.

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BP commits $70m to UK-India Green Growth Fund

The fossil fuel company will become a partner in the fund, which invests in clean energy projects.

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Covid-19 weekly round-up: Q Cells has given a timely boost to EU solar as the clamor grows for a green recovery

Plus, there was plenty of hope in predictions made by Norwegian institute DNV GL but U.S. households are facing hefty energy bills just as data from Delhi showed the link between industrial shutdowns and cleaner skies.

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Q Cells commits to three-year, €125m German R&D spend

The Korean company has committed to invest in solar innovation in Germany at a time when the EU and member states are desperately trying to kick-start the Covid-19 recovery.

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Italian solar company changes hands

The operations and maintenance and the engineering, procurement and construction arms of PV company Enerray have been sold off by troubled industrial conglomerate Gruppo Industriale Maccaferri for cash, transferring 240 MWp of Italian generation capacity to the management of rival LT Renewables.

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Eastern Europe coal exit offers a €50bn clean power opportunity

With Bulgaria, Poland, Romania and Czechia having dragged their heels over climate legislation for years, BloombergNEF has estimated the most economic route out of the coal habit. It is a path which could see 40% less carbon emissions in 2030 than were recorded last year, with a 47% clean energy power mix.

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