EDF launches 30 GW solar plan
French energy giant, EDF has announced a 30 GW solar energy plan that is expected to be developed exclusively in France.
Egypt issues tender for 600 MW of solar
The tender is the first to be issued under the new auction mechanism, which has replaced the FIT scheme for large-scale solar.
Canadian Solar next Chinese company to consider privatization
Canadian Solar Inc. has received a “going private” proposal from chairman, president and CEO, Dr. Shawn Qu, under which he offers US$18.47 per common share. The move follows that of Trina and JA Solar.
Zambia to launch 100 MW solar tender
The tender will be open to PV projects not exceeding 20 MW in size, and will award long-term PPAs for the sale of power to local utility ZESCO.
Another Brazilian state introduces ICMS exemption for solar
This time, the state of Espíritu Santo has agreed to adopt the fiscal incentive for net-metered solar PV systems up to 1 MW. The measure has been suggested by the Brazilian central government to all the country’s states since September 2015.
The weekend read: Empowerment and energy in India
Gender issues: Energy access can be transformed from an obstacle to an opportunity for women’s empowerment through the integration of women into the energy supply chain, as well as supportive policies. Organizations in India are working to expand energy access and empower women by boosting incomes, expanding skills and strengthening self-confidence. Over time, these efforts will enable a woman to have greater influence over herself, her family, and her community.
Fitch: Despite policy concerns, outlook stable for US renewables
The credit ratings agency says that despite moves by the Trump Administration, the increasing competitiveness and predictable output of renewable energy still makes it a good bet.
No stabilization without flexibilization
A new report from DNV GL stresses the value of flexibility regarding the design of future energy markets. The paper also indicates how to avoid imbalances that could cause the instability of power systems.
Belgium: Wallonia could close incentive scheme for residential PV
As the government of Belgium’s French-speaking region has announced the possible closing of the incentive scheme Qualiwatt, claiming that self-consumption is now becoming more profitable, the region’s regulator CWaPE warns that the abrupt cancellation of the incentives may have a negative psychological effect.
GE slashes 12,000 jobs in response to changing power markets
GE Power has announced 12,000 jobs will go as part of its effort to cut structural costs by US$3.5 billion. Part of the reason for the move is the strong growth of renewables, and a softening of traditional power markets. Storage is said to be a “mega trend”.
