Markets & Policy

The Stuttgart-based industrial group wants to work on technology development and production with the British fuel cell manufacturer. Bosch considers highly efficient fuel cells an important step forward in the energy transition.

German developer settled on Ha Tinh province after two years assessing several regions of the southeast Asian nation, and stressed the decision was in large part due to the welcome offered international investors.

Ignoring opposition appeals for cross-party support on clean energy policy ‘because Labor wants to drive up energy prices’ Australia’s ruling coalition will introduce an energy policy that features no emissions reduction targets.

The government of the South American country has changed the designated use of a plot of land near Diamond, for the construction of a solar plant, among other projects. The PV facility is being planned by local rum producer Demerara Distillers Limited.

Wifi hotspots powered by PV will bring internet access to remote communities for the first time under a scheme run by a ‘next generation utility’ which hopes to expand to provide more conventional utility services in future.

Brazilian conglomerate Grupo Rio Alto is planning to deploy another 210 MW of solar plants in the state of Paraiba, while Korean company KSB is discussing a $1.5 billion solar project with the authorities of Campo Grande, in the state of Mato Grosso do Sul.

A 10 MW system in Derbyshire provided power to the grid as part of a virtual power plant in a national first. It should prove a popular development, according to the results of a new survey.

The Indian rupee is posting new lows. As concerns about Turkey’s economic woes persisted last week, the currency hit a record low of 70.32 to the dollar, having breached the 70-mark for the first time in history.

Including the latest three projects, the country’s total approved large-scale solar capacity has surpassed 1 GW. The developer is Escalabis Solar and total investment is expected to reach €81 million.

With PIF having distanced themselves from rumors they will help Elon Musk take Tesla back into private ownership – although that claim is disputed – the Saudi wealth fund may be about to write a big cheque to California-based Lucid Motors.