Markets

Although power companies have urged the new administration of Jair Bolsonaro to reduce incentives for net metered solar distributed generation, ANEEL has proposed maintaining them until PV reaches a certain proportion of the electricity sector.

Economics graduate Xie Yi is the daughter of shareholder He Bing, whose BVI-registered Asia Pacific Energy and Infrastructure Investment Group Ltd are preparing to acquire a 6.49% stake in the enlarged business, on top of He’s existing holding.

It is the first of three solar parks of that size the Norwegian IPP has put in commercial operation in Malaysia’s growing market.

MENA countries have made significant strides in recent years in the fostering of both large-scale and distributed solar market segments. However, some investors and developers may turn elsewhere for opportunities if there remains a predominance of large utility-scale projects dominated by a small number of players, writes Iwan Walters, a partner in the corporate practice of Eversheds Sutherland.

The government may impose anti-dumping duty of $114.58 per tonne on tempered solar glass imports to provide a level playing field to domestic manufacturers.

Transition to a world run entirely on clean energy – together with the implementation of natural climate solutions – is the only way to halt climate change and keep the global temperature rise below 1.5°C, according to another significant study.

The Australian Labor Party has released a National Hydrogen Plan, which involves directing AU$1 billion in CEFC funding towards clean hydrogen projects, $100 million in ARENA grants for hydrogen technology refuelling infrastructure, and $40 million from the CEFC’s Innovation Fund to help commercialise new hydrogen technologies and businesses. Looking towards clean energy exports, the plan will provide $3 million in funding to Queensland coal port in Gladstone with the aim of creating a hydrogen hub.

Despite recent efforts to improve the power network, in order to host more generation capacity from large-scale solar and renewables, Dutch transmission system operators TenneT and Enexis have said that there is very limited capacity for more solar in the provinces of Groningen, Drenthe and Overijssel.

Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects, says Wood Mac.

The hybrid plants will be developed as independent power producer (IPP) projects at 11 off-grid sites. The largest project will be developed on the island of Mazeira, off the east coast of mainland Oman in the Arabian Sea.