Greece approves large scale solar-battery-hydrogen project
An Inter-ministerial committee of the Greek government last week labeled a photovoltaic project, combining lithium batteries and an electrolyzer, a strategic investment meaning it can take advantage of fast licensing processes.
In Asean nations it’s all about the solar
Indonesia will have to get to work installing more than 24 GW of solar this year – and every year – if the region is to achieve the 2.1 TW to 2.4 TW of photovoltaics Irena has estimated it will require to achieve a net zero carbon energy system by 2050.
Cambodia’s steeplechase towards renewable energy
The southeast Asian country is currently applying a monthly capacity fee on rooftop PV systems and the government may halve it in an effort to spur more solar installs. Several more hurdles, however, should be removed to ensure further growth.
Pakistani regulator clarifies net metering proposal
A consultation about raising the level of payments made for excess household electricity injected into the grid appears to have prompted fears it could raise solar power prices across the board.
EU proposes €0.18/kWh price cap on solar, wind
European Commission President Ursula Von der Leyen has announced a mandatory electricity usage reduction of at least 5% during peak price hours. Electricity market restructuring measures and a €3 billion ($2.9 billion) investment for a new green hydrogen bank were also on the agenda.
Solar industry braces for impact of Inner Mongolia’s shift on power prices
Energy policy in China’s Inner Mongolia region took a sharp turn on Aug. 30, when the authorities decided to terminate discounted power prices, effective immediately. The full impact of this shift remains to be seen.
SolarPower Europe at odds with implications of EU windfall tax on renewables
SolarPower Europe has issued a statement opposing any moves by the European Commission to impose a lower maximum electricity price on renewables than on fossil fuel energy. EU member state energy ministers will meet this week to thrash out emergency measures to protect bill payers.
EBRD loan to fund 150 MW of solar in Turkey
The European Bank for Reconstruction and Development will contribute up to $100 million to support 150 MW of solar capacity, plus 53 MW of wind.
Sixth phase of Dubai solar park to add another 900 MW of capacity
The Dubai Electricity and Water Authority (DEWA) has lifted the lid on the planning process for the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park.
UK council has finance decisions removed after splurge on solar projects
The local authority in Thurrock, England, has had control of its financial decisions passed to neighboring Essex County Council after racking up debts of more than GBP 1 billion ($1.1 billion) over four years, including more than GBP 800 million invested in solar bonds.
