Ecuador’s National Assembly has unanimously approved a new law to promote private initiative in energy generation. Among other measures, it seeks to stimulate self-consumption and promote private investment in the energy sector.
Ireland’s overall solar program for schools will see up to 24 MW of installed renewable energy on schools, with associated savings of around €5.5 million ($5.9 million) per year across 4,000 schools nationwide.
Bangladesh has unveiled a 10-year tax exemption package for renewable energy projects. The new tax breaks will apply to power plants that begin commercial operation between July 1, 2025, and June 30, 2030.
Researchers from Greece have developed a PV forecasting technique for prosumer schemes using federated learning, a machine learning method that sends local model updates to a central server for correction. Their simulations show surprising results compared to centralized forecasting.
Spending commitments outlined by UK Chancellor Rachel Reeves include investment in planning departments, more funds for heat pump grants, confirmation of funding for commercial hydrogen projects, and more cash for the Department of Energy Security and Net Zero.
This week, Women in Solar Europe (WiSEu) gives voice to Anna Sauter-Getschmann, co-founder of Germany-based Academy for Climate Jobs. She says that the renewable energy industry must reshape vocational training and make new opportunities visible. “We can start to redefine the typical image of an electrician or plumber,” she stated.
France’s new feed-in tariffs (FITs) for November to January range from €0.13 ($0.141)/kWh to €0.088/kWh, depending on system size.
President Claudia Sheinbaum has warned that the Spanish energy company’s subsidiary in the country will not “necessarily” re-enter the Mexican electricity market as before. New regulations on energy storage batteries in the National Electric System (SEN) could, however, encourage the company’s return.
NTPC Ltd. has started accepting bids from hybrid power generators for 1.2 GW of capacity from wind-solar hybrid projects. The company also has a greenshoe option for an additional 600 MW of capacity.
The International Energy Agency’s (IEA) latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batteries, electrolyzers, and heat pumps will rise from $700 billion in 2023 to more than $2 trillion by 2035.
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