BP commits $70m to UK-India Green Growth Fund
The fossil fuel company will become a partner in the fund, which invests in clean energy projects.
US sodium-ion battery developer raises $35M as storage investment surges
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.
Covid-19 weekly round-up: Q Cells has given a timely boost to EU solar as the clamor grows for a green recovery
Plus, there was plenty of hope in predictions made by Norwegian institute DNV GL but U.S. households are facing hefty energy bills just as data from Delhi showed the link between industrial shutdowns and cleaner skies.
Italian solar company changes hands
The operations and maintenance and the engineering, procurement and construction arms of PV company Enerray have been sold off by troubled industrial conglomerate Gruppo Industriale Maccaferri for cash, transferring 240 MWp of Italian generation capacity to the management of rival LT Renewables.
Burkina Faso kicks off ‘Solar Cluster’ plan
The West African nation is launching a capacity-building program to create an ‘ecosystem’ of PV and energy-efficiency businesses. The Green Climate Fund is providing access to international finance.
Clean energy inequity can be addressed with data, coordination and policy change at a local level
Communities of color in the United States are benefiting less from clean energy technologies and, as a result, are paying more for energy.
Eastern Europe coal exit offers a €50bn clean power opportunity
With Bulgaria, Poland, Romania and Czechia having dragged their heels over climate legislation for years, BloombergNEF has estimated the most economic route out of the coal habit. It is a path which could see 40% less carbon emissions in 2030 than were recorded last year, with a 47% clean energy power mix.
Chinese PV Industry Brief: Longi to grow by 10 GW, China opens world’s largest floating PV project
Plus, equipment manufacturer Shangji Automation is set to enter the silicon ingot making game with plans for an 8 GW fab, while state-owned developer Panda Green says it plans to add 500 MW of annual project capacity over the next three years.
Industry group urges Europe to prioritize green hydrogen
Renewables are the best way for Europe to decarbonize, the Choose Renewable Hydrogen coalition said this week, prior to the upcoming release of its hydrogen and energy-system integration plan.
Sunrun to acquire Vivint Solar for $3.2bn in all-stock transaction
The new, bigger Sunrun will have 500,000 customers and more than 3 GW of solar power assets. Is there value in scale in residential solar?
