The funds will be used for electrification projects in West Africa and the Sahel to bring electricity to 1.7 million people.
Narendra Modi’s BJP party is seeking re-election with the aim of ensuring the electrification of all railways by 2022 and turning renewable energy into a popular movement with steps including an emphasis on solar farming. Even if the elections spring a surprise, however, the renewable momentum is unlikely to slow as no government can afford to roll back the clean power tide.
The Netherlands’ Organisation for Applied Scientific Research says renewables would not only contribute to a cheaper energy system but would also create more opportunities for new business, exports and jobs – as well as a cleaner environment.
Coming hot on the heels of major reports and a heated public debate about electric vehicles, a poll commissioned by the Climate Council has confirmed Australians believe electric cars are the future. Another poll, by The Australia Institute, has 50% of Australian voters supporting all car sales being electric by 2025.
Germany’s Fraunhofer Institute for Solar Energy Systems has demonstrated combining solar generation with agricultural activity is now not only viable at lower costs, but may be particularly suitable for arid regions.
A study has highlighted that the two growth phases of solar panel manufacturing – after the 2008 global downturn and again after 2011 – coincided with higher prices for the precious metal.
Stanford professor Mark Z Jacobson has said new nuclear plants may cost up to 7.4 times more than wind and solar facilities, with construction times longer by up to 15 years. Such a delay, he said, may see an huge amount of extra carbon emissions from fossil fuel power sources. His verdict comes as China this month set new guaranteed tariffs for nuclear power.
The polysilicon manufacturer will be one of the partners in a fund for the city of Leshan which appears to be planned chiefly to upgrade the poly production facilities of one of the company’s subsidiaries.
The storage supplier will set up a mixed-asset virtual power plant that will initially aggregate up to 2 MW of capacity as the first phase of a planned smart local energy system in southern England. Moixa aims to eventually scale the VPP up to 17 MW.
The solar manufacturer has revealed plans to invest around $875 million in production capacity for monocrystalline ingots, wafers and cells – and expects to raise a chunk of the cost with a shares issue this week.
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