Policy

Today’s edition of the Official Journal of the French Republic featured two long-awaited decrees: One concerning the multi-year energy program and another on national carbon budgets and the state’s low-carbon strategy.

Bailed-out solar project company Panda Green revealed it did not set any terms for repayment of RMB1 billion paid to third parties in 2017 as deposits to secure potential project rights.

Up to 150 GW of PV and wind projects could be postponed or canceled throughout the Asia-Pacific region by 2024 if the coronavirus-triggered recession continues beyond the current year, according to new research by Wood Mackenzie.

The coronavirus epidemic continues to batter the global economy, including the solar industry, but falling demand during lockdowns has brought negative energy prices as well as helping drive record solar generation, amid less-polluted skies.

A rebranded Singyes Solar was able to stave off a debt default meltdown last year thanks to a $200 million cash injection from the state but the turnaround appears to have come at a hefty cost in longer-term borrowings and employees.

The Nordic nation is now the third European country to have waved goodbye to coal for power generation. Another 11 European states have made plans to follow suit over the next decade.

EuPD Research estimates around 65,000 energy storage systems linked to rooftop PV were installed last year thanks to increasingly popular solar arrays and electric vehicles as well as rising electricity prices.

Despite Covid-19 hampering development, construction and financing Polish energy giant Tauron will start constructing a 5 MW solar project on a former coal-fired power station site.

While the volume of combined imports and exports slumped from almost 2 GW in December to 1.49 GW in January and 1.36 GW in February, the price per kilowatt rose dramatically in the second month of the year.

Solar project owners responded to an appeal to donate a portion of their solar incentive payments to the public health authorities as another multinational body emphasized the importance of coronavirus fiscal stimulus packages having environmentally-friendly conditions attached.