EU approves Spain’s incentive scheme for renewables
The scheme has been in place since 2014 and includes new projects as well as renewable energy power projects benefitting from previous support.
Azores to host its first MW-sized PV plant
The solar project Central Fotovoltaica do Corvo will be built by EDA, the Portuguese archipelago’s power utility, and will be used to reduce the island of Corvo’s reliance on fossil fuels.
Azure Power Announces Results for Fiscal Second Quarter 2018
As of September 30, 2017, Azure power has 1,381 MW operating & committed, an increase of 35% over September end 2016. Revenue for the second quarter was INR 1,823.8 million ($27.9 million), an increase of 104% over the quarter ended September 30, 2016. The company’s adjusted EBITDA for the quarter was INR 1,499.5 million (US$23.0 million), an increase of approximately 167% over the fiscal second quarter 2017.
MYSUN use Solar to fight against Delhi’s pollution
MYSUN will wave off all the processing fees for customers for a limited time. First EMI will also be waived off under the MYSUN-Flexi Pay scheme. Going solar is a proactive way of dealing with air pollution, and making Delhi/NCR clean again.
Weather and climate data: Answers to questions from the pv magazine webinar
Assessment of weather data and forecasting are vital in reducing risks and, therefore, financing costs and losses during the operation of solar plants. Following a recent pv magazine webinar, Finnish environmental firm Vaisala has prepared detailed answers to the main questions posed by participants.
AfDB and Green Climate Fund partner to develop renewables in Africa
The African development bank (AFDB) and the Green Climate Fund (GCF) have entered what is described in a press release by the AFDB as a “full-scale” partnership, with the long-term goal of unlocking Africa’s renewable energies potential.
Greece installs its first large-scale solar under new, auction-based scheme
Greece has installed 8.6 MW of new large-scale solar PV capacity under its new policy framework. These are the first large-scale solar PV installations in the country since 2015.
Siemens to equip 140 MW projects in Brazil, Pakistan
The German technology firm has bagged orders for the turnkey electrical equipment and installation of two solar farms in Brazil and Pakistan. In addition, it announced the end of its cooperation with German inverter specialist SMA by the year’s end, and plans to manufacture its own inverters.
Digital technologies in energy to reach to $64 bn by 2025, BNEF reports
Energy innovations will be centered on digital technologies and the strategic use of data, with focus shifting from fossil fuel operation and maintenance to distributed renewables and the connected home, reads a BNEF report, adding that the market size for digital technology in energy will grow to $64 billion by 2025.
COP23 climate talks aim to take measurable steps towards Paris Agreement, says UN
Meeting in Bonn should create an ‘operating manual’ for implementing the actions agreed upon at COP21 in Paris in 2015, says the UN.
