If a call by the Ministry of Energy to procure 155 MW of solar next year is adopted, a first, 50 MW auction would be held in June.
The development lender has followed up a $600 million loan for distribution infrastructure in eastern Indonesia with a $430 million credit line for installations in India.
The peak DC capacity of the project has been reduced, along with the size of the battery storage element of the facility.
The solar and wind industries could benefit from a $6.4 trillion boom under the most ambitious of two scenarios described by Bloomberg New Energy Finance, and $2.4 trillion even in the business-as-usual outlook.
The £12.7 million project will explore how to transport pure and blended hydrogen for use in heating and industrial purposes. Construction will start next year.
Half of the EGP1.6 billion charge will be paid up front with the balance staggered over five years, pv magazine has learned.
Guide to drawing up national green hydrogen strategies acknowledges the global hydrogen economy could fail to take shape if any of the world’s powers decide to stick with fossil fuels to gain a price advantage.
Big brands will have to put their money where there mouth is on carbon commitments, though, and the EU will have to put its shoulder to the wheel, particularly in respect of the commonly-heard call to dispense with red tape. The prize could be a call for 280 GW more renewables capacity by 2030.
The latest edition of the accountant’s renewables attractiveness index has placed the nation in top spot for photovoltaics, helping it to fourth spot for overall clean energy investment. Mexico has been hammered by the government’s attitude to clean power and France has also slipped, four places.
Low-cost batteries and novel perovskite materials are among the topics selected for joint research and development.
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