Togo renewables regime praised as 50 MW solar plant begins generating
The emirati developer behind the nation’s first private utility scale solar project cited the financial certainty offered by the host government under its national development plan.
EU spot market module prices: Nuclear – no thanks
A constitutional complaint against Germany’s short-sighted climate protection effort has forced policymakers to improve their plans in recent weeks.
India added 1 GW of solar during Covid-hit April and May
The nation installed 1 GW of solar power capacity and 0.2 GW wind during the pandemic-hit first two months of the current fiscal year. The cumulative addition was double that of the same period during the previous year
Chinese PV Industry Brief: Cumulative PV capacity tops 260 GW
Furthermore, Aikosolar is seeking funds to build two solar cell factories totaling 16.5 GW, and China Huaneng Group (CHN) wants to deploy a 2 GW plant including agrivoltaics, floating PV and solar facilities built on fishponds.
Fortum to sell off 500 MW of India solar assets to Actis
The Finnish utility, which works primarily on a build-operate-transfer model in India, has signed an agreement to divest its 250 MW solar plant in Karnataka and 250 MW in Rajasthan to UK investor Actis. The transaction is valued at approximately €280 million and will enable Fortum to invest in building new projects.
New microinverter from the US
Yotta Energy’s new micro-inverter is claimed to be an ideal solution for commercial rooftop PV systems linked to between 500 kWh and 1 MWh of storage. The device has a peak efficiency of 96.5% and a nominal maximum power point tracking (MPPT) efficiency of 99.5%.
Quebec’s first solar plants come online
State-owned utility Hydro-Quebec has deployed its first 10 MW of ground-mounted solar to test the technology at the province’s latitude.
‘New solar will be cheaper than existing conventional power stations in Germany this year’
With forecasters predicting the carbon price will top €100 per ton by 2030, the latest edition of a Fraunhofer ISE study into electricity generation costs has painted the renewables-versus-fossil fuels conundrum as something of a no-brainer.
Solar manufacturing tax credit introduced in the U.S. Senate
The Solar Energy Manufacturing for America Act would establish a tax credit for domestic solar manufacturers in an effort to boost the U.S. solar supply chain, create American clean energy jobs, compete with Chinese manufacturers, and support energy independence.
Rockefeller and Ikea foundations pledge $1bn for small scale renewables
With ‘shovel-ready’ projects across India, Africa and Latin America in line for a mix of grants, cheap loans, equity investment and financial guarantees from this year, the two bodies hope to trigger $20 billion in total funding and bring reliable power to a billion people.
