Plus, solar funding is down and Australian rooftop installers are preparing for tough times ahead as one U.S. utility has warned customers to be alert to scammers hoping to benefit from the pandemic.
The Council of Ministers has urgently approved royal decrees to regulate the clean energy procurement rounds and procedures for the grid connection of large scale projects.
Cumulative solar generation capacity reached 2.5 GW last year, enough to meet 3.8% of electricity demand.
A clean energy and e-mobility executive recruitment firm says 67 chief executives and founders remain relentlessly positive in the face of the public health crisis and expect the global recovery from the pandemic to be led by a green revolution.
A wide-ranging joint report published by the Democratic presidential candidate and his former rival includes the section: ‘Undoing the harms of the Trump administration and righting the wrongs.’
The long-awaited procurement exercise includes 250 MW of generation capacity originally intended to be tendered last year.
Also, a court in Beijing is now reviewing an application for bankruptcy filed by a unit of Hanergy. In other developments this week, a diverse range of solar industry players launched the 600W+ Photovoltaic Open Innovation Ecological Alliance.
The European Commission has outlined a long-anticipated plan it says could unlock up to €340 billion for new solar and wind projects over the next decade. The 30-year strategy envisages up to €470 billion being spent on electrolyzer capacity.
The fossil fuel company will become a partner in the fund, which invests in clean energy projects.
Startup Natron Energy is building a battery using Prussian blue analogue electrodes and a sodium-ion electrolyte. Investors include ABB Technology Ventures, NanoDimension Capital, Volta Energy Technologies, Chevron, Khosla Ventures, and Prelude Ventures.
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