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Finance

Solar gains ground in Mongolia

A 10 MW solar facility in the Sumber Soum area of Mongolia’s southern Govisümber province has been connected to the grid. The project was financed by the Green Climate Fund and XacBank and takes Mongolia’s installed PV capacity to 35 MW. The pipeline of approved solar schemes has surpassed 700 MW.

US leads as the volume of corporate clean energy bought smashes record

Companies in the United States accounted for more than 60% of the clean energy deals signed by corporations worldwide last year, according to BloombergNEF. A proposed renewable portfolio standard for Chinese business, though, could turn the picture upside down in a year’s time.

Germany considers closing coal-fired power plants by 2038

German states with coal mining regions would receive a total of €40 billion from the federal government over 20 years for structural change under the terms of the Coal Commission’s proposal, while operators of coal-fired plants would receive compensation.

France to tender 17.2 GW of solar up to 2025

In France’s new energy strategy, the Macron administration has said how much will be allocated annually in tenders for ground-mount and rooftop PV projects over the next six years. In the best case scenario, France would have 44.5 GW of solar capacity by 2028, with renewables forecast to come in at up to 113 GW.

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Atlas switches on 67.1 MW solar plant in eastern Brazil

The São Pedro solar complex is in Bom Jesus da Lapa, Bahia state. The plant, awarded a 20-year PPA in Brazil’s 2015 renewable energy auction, was installed with Jinko and Canadian Solar modules. The latter makes modules in São Paulo.

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BePositive 2019 trade show – just a few weeks away – taking PV center stage

The show is expected to grow by 40% compared to last year. And the organizers say solar PV will have a higher profile than ever.

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Scatec off to a strong start in 2019 with solid financials and pipeline additions

Having put key PV projects into commercial operation, the company is capitalizing on their production. Scatec also has twice its current installed capacity under construction and nearly fourfold that amount – more than 4 GW – in the pipeline as 2018 expectations were surpassed.

South Korea kicks off polysilicon duty talks with China

South Korean government urged China to lift import measures against its polyisilicon. China imposed duties on polysilicon from South Korea and the United States in July 2013.

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Wallonia’s controversial residential PV fee may only apply to new systems

The energy regulator of Belgium’s French-speaking region has announced the fee for residential PV will come into force next year and may apply only to installations grid-connected after July 1 this year, as proposed by the regional government.

African commercial and industrial PV market grows on the back of outages and high tariffs

According to a new report from BloombergNEF, cheap solar energy could benefit many businesses in sub-Saharan Africa. However, regulatory and financial obstacles are causing concern.

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