Ramping up renewables now could save Europe €363bn by 2050
Delay, and policymakers will see the carbon emission allowance which would enable us to stay well below 2C frittered away so quickly net zero would have to be reached in 2040, rather than ten years later, when the relevant technology costs will be cheaper.
Portugal hits 1 GW milestone
Portugal now has more than 1.03 GW of operational PV capacity, making solar its third-biggest renewable energy source behind hydropower (7.1 GW) and wind power (5.4 GW). However, PV remains the resource with the greatest growth potential in the country.
GCL shareholders set for a busy festive period as votes loom on $903m worth of solar project sales
Chinese state entities are now behind five phases of two separate sales deals which, if approved, will transfer more than 1.8 GW of solar generation capacity into public ownership.
Meyer Burger and SMA call for an industrial strategy for PV production in Germany
The two PV companies have outlined how competitive value creation in Germany and Europe can succeed. This would also be important in order to preserve technologies and innovations in this country. Meyer Burger and SMA make four specific proposals in which they have an eye on both the generation of solar power and the manufacture of the photovoltaic products required for this.
Australia to review smart meter rules
The Australian Energy Market Commission has launched an independent review into the rules governing electricity meters, to determine what needs to be done to accelerate smart meter deployment.
Bangladesh plans to attract EV manufacturers
The government has drafted an industrial policy to try and attract electric vehicle production lines, and even solar-powered car producers, to the country.
EU Commission eyes ‘green trade agenda’ with President-elect Biden
While Donald Trump grapples with the result of the election, Europe’s highest officials have moved on, and demonstrated new optimism for the four years ahead by setting a preliminary agenda for cooperation aimed at president-elect Joe Biden with key topics including work on renewables, battery storage and carbon pricing.
Ukraine moots 895 MW of new solar to 2025
If a call by the Ministry of Energy to procure 155 MW of solar next year is adopted, a first, 50 MW auction would be held in June.
Asian Development Bank provides more than $1bn finance for renewables power lines
The development lender has followed up a $600 million loan for distribution infrastructure in eastern Indonesia with a $430 million credit line for installations in India.
India tweaks 100 MW solar-plus-storage tender
The peak DC capacity of the project has been reduced, along with the size of the battery storage element of the facility.
