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Finance

‘Denmark could be an 80 TWh clean power market by 2030’

Green hydrogen demand and electrification could drive a solar boom in the nation, according to the chief executive of a developer sitting on 4 GWp of photovoltaic projects.

EU raises another €15bn for Covid-recovery effort

The bloc’s latest two bonds were oversubscribed more than 11 times yesterday as the European Commission announced the results of a second fundraising round which already puts the EU almost halfway to the €80 billion it intends to generate through such instruments this year.

Jinko and Canadian Solar prepare for Shanghai floats

The two big solar players are preparing to list big slices of their business on the STAR market tech board.

New renewables cheaper than legacy coal or gas for almost half the world’s population

Electricity bill payers in nations as diverse as Germany, Greece, India and China should be aware new solar projects can now generate electricity cheaper for them than legacy coal and gas-fired plants.

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East African renewables developers and investors need matchmaking

Lack of grid capacity and renewable energy institutions are a common lament in sub-Saharan Africa but there is no lack of cash to invest, nor eligible projects in East Africa, as a recent event heard; the problem lies in marrying the two.

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GCL sells another 380 MW of solar parks to State Power Investment Corp

With trading in its Hong Kong-listed stock still suspended, the project development arm of the polysilicon manufacturer has continued its drive to sell down its portfolio to state-owned institutions.

‘Low-cost renewable hydrogen may already be in reach’

If the three record-busting low solar price tariffs recorded in the Middle East in the past 18 months are to be believed, renewables-powered hydrogen in prime sites in the region could already compete with gas-plus-CCS production, according to IRENA. Has the Gulf discovered the new petrol?

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Overdue subsidy payments force Chinese solar developer to sell off prized LED business

Shunfeng International wants shareholders to wave through the sale of a business unit which offered a rare positive update in its last set of annual accounts. The parent wants to accept an offer for the operation from a company controlled by one of the directors of the seller.

Germany commits another €238m for clean power and energy efficiency in Bangladesh

The cheap loan package agreed at the weekend is part of a wider €340 million development deal and extends Germany’s record of promoting the energy transition of the South Asian nation.

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Togo renewables regime praised as 50 MW solar plant begins generating

The emirati developer behind the nation’s first private utility scale solar project cited the financial certainty offered by the host government under its national development plan.

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