A report by Greenpeace has found in the five years since China announced the continent spanning ‘One Belt, One Road’ infrastructure plan, investment in Belt & Road countries has supported 12.6 GW of wind and solar power generation capacity. That compares with just 450 MW which came online in the territories before 2014. The initiative has also supported 68 GW of new coal capacity.
Previously known for its automotive activity, CATL is turning to another promising sector to generate demand for its battery cells. With the first few hundred thousand Japanese solar households seeing their 10-year FIT contracts expire, demand for small scale storage is on the rise
Box Energi says its planned EV fast charging network in the U.K. will be one of the largest single-country DC networks in the world, and that it will be supplied with 100% renewable energy.
The Norwegian polysilicon supplier – which has most of its manufacturing operations on U.S. soil – cannot give any estimate on when its solar material production lines will return, and has been left entirely dependent on the semiconductor products made by its Montana facility.
Dubai desires to become a global epicenter for clean energy and green technology. Its visit to China comes after last month’s issued RFP to explore floating PV development in the Arabian Gulf.
The project developer and BIPV maker wants creditors to agree to postpone settlement of their debts for three years and will offer a financial incentive – provided a proposed Chinese state-backed bailout is voted through by its shareholders.
With EV sales continuing their climb, and overall carbon emissions targets getting more ambitious, stakeholders in the energy system will need to consider flexibility options from, among other points, EV charging. A large distribution system operator in the U.K. is now examining the options to remunerate customers for adapting their EV charging patterns to load profiles of the grid. If successful, the exercise may help mitigate grid infrastructure expansion costs.
Canadian gas giant ATCO has unveiled its Clean Energy Hub in Jandakot which will explore the potential of hydrogen for home use in gas appliances. On the same day, the Western Australian government has launched a renewable hydrogen strategy and announced the creation of a $10m green hydrogen fund.
Crossboundary Energy Access (CBEA) was established in January with large investment contributions from Rockefeller and Shell Foundations. The funding facility, which said it would work to unlock $11 billion in funding for the electrification of 100 million people in Africa, has penciled its first transaction with PowerGen Renewable Energy.
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