Poland contracts 4.725 TWh of power in renewable energy auction, Renesola awarded 42 MW of solar
Solar had likely the largest share of the 472 projects awarded in the auction, which was open to PV, wind and hydropower projects up to 1 MW.
Italy added 204 MW of PV in first five months of 2017
The Italian solar market has registered a 19% year-on-year growth in the first five months of this year. In May alone, newly installed PV power totaled 95.2 MW.
IFC invests $103m in India’s solar green bonds
The private sector financing arm of the World Bank has subscribed to India’s first official Green Bonds via a $103 million investment in L&T Infrastructure Finance Company, which is a subsidiary of L&T Finance Holdings.
India’s solar goal makes it global frontrunner in climate change fight, says World Bank
The global lending institution praises India’s solar program in new report, noting how clean energy sources are beginning to displace coal at a sweeping rate.
Panda Green’s H1 PV generation soars 63.9% year on year
Hong Kong-listed PV investor Panda Green Energy’s solar projects in China generated approximately 1,001.9 GWh of electricity in the six months to the end of June, up sharply from 611.2 GWh in the second half of 2016.
Wind, solar to be cheapest power source in G20 by 2030, Greenpeace study finds
In around half of the G20 countries, renewables have been equal or cheaper in price to electricity generated from coal and nuclear power plants since 2015, and are set to outcompete all other energy sources in the world’s 20 major economies by 2030, finds a new study commissioned by Greenpeace Germany.
EBRD launches loan scheme for rooftop solar in Romania
The European Bank for Reconstruction and Development (EBRD) has launched a new framework aiming to help Romanian households to invest in energy efficiency, renewable energy and water-saving solutions. Solar PV is also part of the framework, which is the first serious effort to support the development of rooftop PV in the country.
European PV manufacturing must be preserved, say more than 50 organizations
Joint letter from 50 solar PV organizations in Europe sent to policymakers of all EU member states to serve as reminder of the importance of PV manufacturing in the continent.
G20 nations dragging their heels on low-carbon transition, reports find
Study from Climate Transparency shows that while green finance among G20 nations has been stepped up, legacy commitments to fossil fuels mean countries will miss “well below 2 degree” warming limit set at Paris Agreement. Fossil fuel spending still four times higher than renewable spending, Oil Change International report also finds.
PV’s popularity higher than ever as UK celebrates 4th Solar Independence Day
The event organized by the Solar Trade Association offers reminder that solar PV has been a transformative energy source in the past few years, and is backed by 86% of the population.
