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Markets & Policy

SkyPower to invest billions in Kenya, Bangladesh solar markets

The Canadian solar developer will double its pledged investment in Kenya to $4.4bn, unveils bold plans to pour $4.3bn into Bangladesh’s fledgling solar PV industry.

Imergy to supply storage to China telcom market

U.S. storage specialists sign two-year agreement with China’s Juno Capital Group to jointly deliver battery solutions to off- and weak-grid areas of the Chinese telecommunications market.

China and the United States announce climate and energy deal

The collaboration includes domestic announcements for China, including grid priority for “low-carbon” electricity and the launch of a national emissions trading system.

BayWa r.e. sells 15 MW UK solar farm

German clean energy developer offloads Pingewood Solar Farm to Swiss-based Susi Partners for undisclosed amount. Company aiming to sell a further three U.K. solar farms this year.

North Carolina reaches over 1 GW of installed solar

North Carolina is the fourth U.S. state to reach this mark, following California, Arizona and New Jersey. However, the sunset of a key tax incentive threatens the market’s future.

UK Q2 data shows renewables met a record 25% of power needs, outstripping coal

Combination of solar PV, wind and bioenergy saw the U.K. renewables mix supply more power to the national grid in the second quarter of the year than coal for the first time ever; solar doubles to 8 GW in space of year.

New SolarCity package aims to lower solar costs for low-income renters

The installation scheme is aimed at developers and residents of affordable housing projects and neighborhoods in California as SolarCity moves to widen access to affordable energy to more people.

IBC Solar eyeing large-scale project development in India

The German solar plant developer announces it is to move into PV project development in India’s growing sector, targeting projects in the 20 MW to 50 MW range.

Richard Branson urges business leaders to work towards a world powered by the sun

The British tycoon has addressed a UN gathering in New York, calling for money raised from a global carbon tax to be poured into a “big innovation pot” to develop greater solar and wind power.

Enel moves into Indian market with acquisition of a stake in Bharat

Italian solar developer secures majority stake in Indian clean energy company BLP Energy for a sum of around EUR 30 million ($33.5 million).

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