Policy

Private sector fossil fuel spending on exploration is drying up just as modest rises in clean energy investments are being observed. With stock market investors increasingly embracing renewables, the IEA has observed positive signals in its latest energy investment report, but warned we are still doing far too little to keep global heating at bay.

Lamps, water pumps and filtration systems are an increasingly common sight in the camps of Cox’s Bazar with more extensive off-grid home systems having been brought along the refugee trail by some homeowners fleeing Myanmar’s Rakhine state.

The Norwegian renewables business said the PPA-linked generation capacity is part of a wider, $1 billion complex which will feature 540 MW of solar project capacity and 225 MW/1.14 GWh of battery storage.

A webinar held to discuss the role of donor funding in the African energy sector was told the U.S. president has ambitious plans to ramp up donations to developing economies – provided he can get Congress on side.

Local lawsuits are reportedly set to cost the body set up to purchase clean power in Ukraine more than €24 million already, after the decision by the government in August to retroactively reduce FIT payments. Lithuanian clean power developer Modus Energy is preparing for its own suit, citing Ukraine’s international treaty obligations.

Trade organization Solar Energy UK has called for the government to mandate that solar target in a co-ordinated rallying cry issued with two peers. One of them, the Nuclear Industry Association, is a membership body sure to raise hackles in some quarters of the energy transition movement.

With the nation among the world’s top ten greenhouse gas emitting states, energy analysts from three policy advisories have spelled out how Jakarta could hit net zero by mid century rather than 2070, as currently planned. However, the energy transition would require uncharacteristically long term thinking.

A large amount of April’s new PV capacity is represented by ground-mounted solar projects selected in tenders. By contrast, demand for PV systems ranging in size from 300 to 750 kW, has declined.

A pandemic-related sales slump has dealt another blow to domestic panel makers already faced with rising input costs and an expected surge in imports due to the scheduled wind down of safeguarding duties on foreign products from late July.

Greece held its latest round of solar and wind power auctions this week. Overall, 350 MW of PV was allocated while wind power projects failed to win any capacity.