Finance

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.

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.

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.

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?

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.

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.

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.

With forecasters predicting the carbon price will top €100 per ton by 2030, the latest edition of a Fraunhofer ISE study into electricity generation costs has painted the renewables-versus-fossil fuels conundrum as something of a no-brainer.

With ‘shovel-ready’ projects across India, Africa and Latin America in line for a mix of grants, cheap loans, equity investment and financial guarantees from this year, the two bodies hope to trigger $20 billion in total funding and bring reliable power to a billion people.

Are solar projects always a sustainable investment class? How can buyers be certain an asset is a lucrative investment? And how can PV project developers fulfill the requirements set by asset managers? This year’s Asset Management Roundtable brought together stakeholders that deal with PV projects from a financial, legal, and technical perspective. You can now watch the video to discover the answers to these questions.