The Paris-based private renewable power producer focusing on Sub-Saharan Africa has announced it is to invest $280 million in new PV power plants in Nigeria.
It took a couple of tweets, and at least one one-hour long phone call, but it seems pretty clear that Tesla founder, CEO and billionaire Elon Musk has helped turn the debate around energy policy in Australia on its head.
An preliminary finding by the Department of Commerce could lower import duties first imposed on Taiwan solar cell manufacturers in 2014 from high double-digits to single digits, while tariffs on Chinese module and cell manufacturers imposed at the same time remain in place.
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
The European solar market decreased by 21% last year. This disappointing if not unexpected news opened SolarPower Europe’s annual summit in Brussels today. Grid integration of Europe’s solar capacity, EU market rules for protecting the ‘prosumer’ and reforms to the continent’s faltering Emissions Trading Scheme were major themes during the plenary session.
The European Union will see an extension to hotly contested duties on Chinese PV exporters by 18 months. A spokesperson for the European Commission confirmed the move with pv magazine today, adding that the duties will be phased out, in line with industry cost reductions.
The leader of the California Senate has introduced a bill that would put the state tied with Hawaii for the most aggressive renewable energy mandate in the nation, and one of the most aggressive in the world.
In scoring the sustainable energy policies of 111 countries, the World Bank finds that nations such as Mexico, China, India and Brazil are emerging as leaders in the field, delivering robust policies that support energy access.