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Foresight Solar acquires 80 MW project portfolio in UK

The latest acquisition means the solar energy investment company has expanded its portfolio to 869 MW across 54 installations. The company says the increased diversification of its portfolio will improve operational efficiencies.

Minigrid development a win-win scenario for Nigeria, says Rocky Mountain Institute

A new report from U.S. based Rocky Mountain Institute outlines the potential for minigrid deployment to provide electricity to underserved communities around the world, to the benefit of utility companies, minigrid developers and communities. The report takes examples from Nigeria to illustrate this potential, but states that many of its findings could be applied to communities with limited or no access to electricity around the world.

Renewables surpassed fossil fuels capacity in Germany last year

In their annual monitoring report, Germany’s Federal Network Agency and the Federal Cartel Office have analyzed the figures for 2017. At the end of last year, renewables accounted for around 112.5 GW of operational capacity, while conventional sources totalled 105.1 GW.

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Tamil Nadu floats 500 MW solar tender with tariff cap

Supervising authority has given the Indian state’s distribution company the green light to conduct three 500 MW solar tenders. The move marks the first procurement exercise held by the state utility in almost 12 months.

Developing countries biggest installers of renewables – BloombergNEF

In a new report, BloombergNEF notes a significant uptake in renewable energy in developing countries, which are clearly outperforming OECD countries. The trend is due to reductions in equipment costs and new business models that enable access to capital. Still, many emerging markets are also the biggest installers of new coal capacity. India and China alone, are said to account for 81% of newly added coal-fired power stations.

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Macron delays reduction of nuclear share by a decade, but announces 45 GW solar target by 2030

Although the French President promised that solar capacity will increase fivefold by 2030, France’s new energy strategy will keep nuclear power at the core of its electricity system. The decommissioning of approximately 20% of France’s nuclear power generation assets, originally set by the country’s energy transition law for 2025, has been delayed to 2035. Macron said this plan may be reconsidered, however, if storage technologies help mitigate intermittence issues and if there can be stronger European integration.

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Canada to allow tax write-off for C&I renewable energy assets

The news came with Canada’s Fall Economic Statement. Through the new policy, the business case and access to finance will be improved to accelerate the adoption of renewable energy resources. This February, Canada proposed phasing out coal generation by 2030.

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Taiwan votes in favor of nuclear power

On Saturday, voters in Taiwan approved a referendum to stop the phase-out of nuclear power. Some fear the decision could slow down the development of the renewable energy industry on the island.

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UK policymakers signal U-turn on toxic tariff scrap plans

Rachel Reeves, Chair of the Committee for Business, Energy and Industrial Strategy (BEIS), has released a comment indicating the discontent with which she views government plans to scrap export tariffs on 31 March 2019. The scheme remunerates small-scale generators, and its abolishment has been likened to theft and sparked a feud between the industry and politics. Last week, U.K. Energy Minister Claire Perry also said that forcing generators to export for free would be “wrong”.

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IRENA sees 20 GW potential for solar in West Africa by 2030

According to the agency, a mimimum of 8 GW of solar will be deployed across the 15 countries that comprise the Economic Community of West African States (Ecowas) by the end of the next decade. Nigeria, Ghana and Côte d’Ivoire will lead the future growth of PV in the region.

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