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Finance

Ireland set for another 400 MW of solar

Power Capital Renewable Power has acquired a controlling stake in an extensive solar portfolio under development by Terra Solar.

Net zero could be 630-plus gigawatt annual opportunity for solar

Analyst BloombergNEF has gazed into its crystal ball and predicted three routes to a net zero world. The ‘green’ scenario fleshed out in its latest New Energy Outlook is bound to appeal far more to the solar industry than the alternative, nuclear or fossil-fuel-powered outcomes.

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Sahel-wide group buying program could drive solar home system supply

A report commissioned by EU lender the EIB has dismissed the role solar mini-grids can play in achieving universal electrification by 2030 and signaled distribution to individual households should be the way forward, including sales to the residents of UN refugee camps in East Africa.

Huge Vietnamese solar park could hit 2.8 GW within a year

An energy transition investment report published this week has also revealed the former world record low price for solar power announced by the Al Dhafra project in Abu Dhabi last year, has fallen even lower since.

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What is needed to persuade UK households and businesses to go solar?

The government’s Department for Business, Energy and Industrial Strategy surveyed householders and small businesses and was told the prospect of firms having to pay higher taxes after installing PV prompted fury – just as the national solar trade body has been telling Whitehall for years.

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General manager of GCL subsidiary approved $79m contract payment against company policy

While the independent investigation of a payment handed over to a state-owned lead contractor for a polysilicon fab planned by GCL exposed a breach of internal policy, the manufacturer has been cleared of any non-compliance with legal requirements.

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China to add 619 GW of solar this decade

Indonesia will catch the eye too over the next nine years, according to analyst WoodMac, as its market grows from 300 MW to 8.5 GW.

Chinese PV Industry Brief: News of 360 MW project win in Nigeria and TBEA benefits from poly shortage

State-owned China Xinhua Power Development has booked a $53 million discount on seven solar farms as developer Kongsun seeks to pay down debts, and Canadian Solar has landed a 45 MWh energy storage contract in Colombia.

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European funding for solar mini grids in Kenya

Some 22 villages in Busia county will receive a total of 7,000 electricity connection points plus solar-powered street lighting and water services after InfraCo Africa invested $4.2 million acquiring 40% of developer Kudura Power East Africa.

Guggenheim Solar Index: Underperforming solar stocks and significant challenges

In June, solar stocks underperformed, writes Jesse Pichel of ROTH Capital Partners. The U.S. residential market retains a positive outlook, though rising prices and forced labor concerns represent significant challenges.

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