Elon Musk could lose billions in Tesla-SolarCity acquisition suit
Musk is headed to Delaware courts this month as the sole remaining defendant in a case brought by Tesla shareholders.
Grid connection is key culprit as investor confidence wanes in Australia
Ongoing grid connection issues and concerns about Australia’s unpredictable regulatory and policy environment have been identified as the key culprits with a new report revealing investor confidence in the nation’s renewable energy sector has slumped to a five-year low.
EU spot market module prices: Climate targets, PV price trends for 2030 – a viable mix?
More money for climate protection – that’s what the G7 heads of state agreed on at their recent summit in Cornwall, England. It will involve making a whole lot more funds available to expedite the current pace of renewable energy expansion.
EU finance to back solar pumps and lanterns in Tanzania
European development campaign the Electricity Financing Initiative has invested around €1.26 million in a €1.5 million bond issued by domestic solar products supplier Simusolar.
Spain’s Prodiel EPC is looking for a new partner, plans to enter new PV markets
Prodiel recently went from being a single entity to a holding company, comprised of three different businesses. Its project development division has created a 50% joint venture with Everwood, and now the EPC unit that is looking for a new partner to grow.
Five policies to make green hydrogen affordable in Europe – for just €24bn per year
With the EU carbon price sat at record highs of around €50/ton, the authors of a report into the policies needed to drive a clean hydrogen economy in Europe say the storage medium won’t compete with its fossil fuel powered version even if carbon allowances cost four times that level.
Cash-strapped GCL prepares to pay $189 million to ease project sell-off
The polysilicon maker, which is disposing of the solar farms managed by its New Energy business to pay down debt, is preparing to pay more than RMB1.2 billion to buy a minority stake in a subsidiary it already owns the rest of.
Masdar secures deal to develop ‘Armenia’s biggest utility scale solar project’
The UAE-based, state-owned renewables company had its original suggestion of a $0.0299/kWh price for the solar power generated refused by Yerevan, with the government putting the project out to a competitive tender. Masdar has won the bidding, but at a reduced energy tariff.
The Hydrogen Stream: Ineos to invest £25m in HydrogenOne fund as Shell fires up its 10 MW electrolyzer
Plus, the Norwegian government is set to devote €2.5 million into a joint venture trying to develop liquid organic hydrogen carrier solutions for shipping by the middle of the decade.
Chinese PV industry brief: Jinko Power announces 1.5 GW solar project and Gaoce eyeing 10 GW of wafer production
The Jinko Power unit of the solar manufacturer is planning a huge hybrid solar and wind project and China Energy Engineering is also making, slightly more modest, plans for generation capacity, as poly maker GCL continued its great PV project sell-off.
