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Finance

Ardian acquires majority stake in GreenYellow

Ardian said that GreenYellow’s value is estimated at around €1.4 billion ($1.42 billion).

Fish farmed as part of solar-powered irrigation system

A provincial government in the Philippines has installed a solar pump that will move water to a reservoir where fish can now be bred. The $124,000 system will also irrigate vegetables and high-value crops for two farmers’ groups.

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Dubai mega solar project to be finished in 2027 and could be scaled back

The Dubai Electricity and Water Authority has a tendency to reveal changes in the project’s specification by publishing updates emphasizing the progress achieved to date.

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Solar auctions to replace feed-in tariffs in Kenya

Attendees at the Renpower Kenya clean energy event in Nairobi were told there will be a changeover in incentive schemes in 2022 with mature technologies no longer benefiting from fixed payments.

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Developer plans 20 MW solar aquaculture site in Bangladesh

Joules Power has said the $22 million PV project will be built on land which is submerged for most of the year and will breed fishes. The project is set to be completed in December 2023.

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UK devotes $3.6 million to space-based solar

A government department has put $3.5 million to $7 million aside to help the development of wireless power transmission and ultra-high concentration solar panels.

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South Africa’s oldest wine estate goes solar

Small scale investors around the world have pledged cash to back a solar system to power winemaking and restaurant operations at the famous Groot Constantia estate.

Octopus acquires Australia’s largest operational solar park

Octopus Investments Australia has launched two renewable energy investment vehicles.

Clean power prices leap on back of tightening gas supply

Developers are making hay as far as PPA prices are concerned thanks to eye-watering wholesale electricity prices which mean they can just sell their solar and wind power on the open market.

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Solar power costs continued to fall in 2021, despite rising panel prices

The average global price of solar kilowatt-hours fell 13% on 2020’s prices, as around two-thirds of the renewables capacity installed last year was cheaper than the lowest-cost fossil fuel alternative.

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