Policy

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.

With the market all but grinding to a halt this year after an incentive scheme expired, the government has launched a new capacity procurement system. PV could be a winner in the first auction round but, as of 2021, solar could face stiff competition from wind and biomass.

Having envisioned an 18-month transition to grid parity solar in the world’s biggest PV marketplace, developers of large scale projects are now reportedly being told the subsidy taps will be switched off at the end of December.

The mature renewable energies are the most efficient power resources to slow down global warming and reduce human health impacts, according to a new study published in Nature Communications. The authors claim renewable energy generation capacity is also the best way to reduce land use, toxicity and drinking water depletion.

It is back to the meeting room for beleaguered shareholders in the debt-saddled solar project developer, ahead of a proposed shares purchase by a Chinese coal and real estate company.

The proposed acquisition of a controlling stake in the heavily-indebted PV project business of solar manufacturer GCL-Poly has fallen through, with state-owned China Hua Neng now proposing to cherry-pick the more attractive assets from the unit’s 7 GW portfolio.

A study of the after-effects of the energy transition has assessed 156 nations and ranked a surprising winner. Here, energy expert Indra Overland discusses the findings of the GeGaLo Index as part of our interview examining renewables and geopolitics.