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.
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.
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.
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 Investments Australia has launched two renewable energy investment vehicles.
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.
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.
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.
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.
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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