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Finance

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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REC Group secures EU funding for HJT solar factory in France

REC Solar has announced plans for a PV module gigafactory in France, along with 17 other clean tech projects that will share €1.8 billion ($1.8 billion) of grants from the European Union’s Innovation Fund.

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More than 100,000 more Kenyan households could get solar after $8m investment

EU development body Edfi Electrifi and impact investor Oikocredit will each take a $4 million stake in Canadian off-grid home panel business Solar Panda.

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The British public back solar … and nuclear, and carbon capture

The results of the latest survey conducted by the UK government show solar maintains its high level of affection among the public, even when respondents were asked their feelings about having a solar field installed nearby.

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