Markets & Policy

The figure is represented by 39 utility-scale solar plants across 11 states and approximately 85,000 contracts for distributed-generation PV systems.

The Taiwanese market research company said the effects of the 5/31 policy shift in China were less severe than expected, and in 2018 the global solar market grew 4.9%, with approximately 103 GW of new additions. This year, the solar demand is forecast to rise another 7.7%.

Two power-to-gas projects promise to improve the technology. In Brandenburg, Edis and Gasag want to transform renewable power into hydrogen, driving sectoral coupling. And Sunfire has switched on its first co-electrolysis project.

The energy giant’s finance subsidiary placed a bond in Europe to finance its renewable energy and infrastructure projects and secured 70% of Poland’s demand response capacity market for the 2021-2023 period, in the first auctions of their kind in the nation.

The Pacific Gas and Electric Company, founded 114 years ago, is filing for bankruptcy and may be broken up by regulators. None of which is good news for solar project owners holding contracts with the utility.

Global Infra Partners, KKR, Brookfield, I Squared Capital and Macquarie are reported to be among those eyeing the renewable energy assets of debt riddled Infrastructure Leasing and Financial Services.

The domestic company has cleared a third debt funding facility of $9 million with Kenya-based SunFunder, responsAbility and Oikocredit. The credit means 2.5 MW of off-grid capacity, enough to bring energy to 70.000 people.

With the International Renewable Energy Agency’s number-crunchers predicting almost 5.4 GW of new solar across the six Gulf Cooperation Council nations today, Suhail Mohammed Faraj Al Mazroui said his nation alone would install 6-7 GW of new renewables capacity by 2024, as pv magazine editor-in-chief Jonathan Gifford reports.

Norway’s state-owned hydropower and wind company intends to deploy a 2 MW floating installation at its 72 MW hydropower plant in Albania’s Elbasan district.

A Californian company which provides PV power to maternity clinics in the developing world was an award winner alongside British pay-as-you-go electricity provider BBOXX. And a school in Tajikistan which aims to go fully solar powered secured a cool $100,000 towards that ambition.