Policy

Raad Al Haris, an energy advisor to the prime minister, announced the idea at the Energy Transition in the Arab World conference held in Berlin this week. Al Haris also revealed the Iraqi government has pre-qualified 45 bidders for the first tender.

The European Bank for Reconstruction and Development is offering the funds to Egypt’s transmission system operator to strengthen the country’s grid to host more renewable energy in anticipation of rising power demand over the coming decade.

To have any hope of restricting global heating to a maximum of 1.5 degrees Celsius, the renewables success story which saw 108 GW of solar deployed last year needs to be cranked up to the next level – and fast.

The political statements issued by the Conservatives, Labour, the Lib Dems and even the Green Party almost entirely ignore solar power amid a welter of vague ambitions ahead of the December vote. The increasingly obvious effects of climate change have clearly entered the consciousness of voters, though – the net zero commitment even got as high as page 55 of the Conservatives’ 62-page document.

The German solar company issued a statement over the weekend claiming it had been the victim of fraud perpetrated by its module importers and stating its intent to sue the offenders if the modules in question are found to have had their documents of origin deliberately altered.

There was unanimous approval at a vote on the debt reorganization plan put before creditors in Hong Kong today and now it remains only for the scheme to be rubber-stamped in the territory – and in Bermuda – before the task of rebuilding the soon-to-be-state-owned business can begin.

Innoenergy’s recent conference in Berlin repeated the argument financing renewable energy projects in Africa remains a struggle, however it also showcased some hopeful case studies.

The German project developer’s pipeline consists of solar plants with land and grid-connection approval across Apulia and Basilicata. Some of the projects are planned in the province of Brindisi, which already hosts several solar parks which have stirred strong resistance from local authorities and civil associations.

The government has set a very low bar of achieving just 10% of its electricity supply from renewables as it tenders for consultants to advise it on how to incorporate intermittent generation into the national grid.

Investigators have accused the Bad Staffelstein-based business of having purchased incorrectly-declared modules from China and evading around €23 million in import duties. The company’s head office and the private apartments of board members have been searched.