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Sustainability

UAE says Mohammed bin Rashid solar park is powering aluminum production

A press release issued by utility DEWA and the state-owned metal manufacturer today implied production of solar-powered aluminum is already taking place.

EU cash will fund solar lights for fishers

The Electrification Financing Initiative has announced it will award €1.5 million each to two French firms and a Tanzanian business operating in Benin, Uganda, Tanzania, Togo, Burkina Faso and Senegal.

Solar generated EU record 7 TWh during third quarter of 2020

European renewables, including Spanish solar, made big gains as energy demand recovered before the second wave of Covid infections. Nuclear was a notable loser, in part because clean energy volumes in the north of the continent drove down power prices sufficiently to make reactors uncompetitive.

Renewables cheaper than fossil fuel plants by 2030

A report by McKinsey & Company reinforces the widely-held view renewables will supplant fossil fuels in the energy system but also joins the chorus of voices warning the world is on track to fall well short of limiting global temperature rises this century to 1.5C.

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Peeking into 2021: Green bonds to reach US$500 billion per year, solar on track to outrank oil and gas

Global management consulting firm PricewaterhouseCoopers has issued a general economic prediction for 2021. Aside from some general notes on GDP recovery post-Covid, the analysts’ notes were heavily focussed on climate and energy finance and policy.

Bangladesh mandates 2% of loans issued must be for green projects

Some 15% of the finance disbursed must fit the wider definition of being ‘sustainable’ and banks and other lenders have been warned penalties will be applied for non compliance.

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EU-China Comprehensive Agreement on Investment opens manufacturing options, dodges forced-labor issues

The European Commission has finalized its long-anticipated investment agreement with China. While some renewable energy businesses might benefit from improved investment security, IP protection and access to legal remedies in China, the Commission did not address the issue of Uyghur forced labor in China. As a majority block in the European Parliament had previously demanded from the Commisison to develop a firm policy to end forced labor in China, there is reason for doubt that the agreement as it stands will be adopted by the EU Parliament.

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Coveme: Pushing for a greener solar industry with emphasis on material innovation

Separating backsheets from solar PV modules is one of the most challenging issues for module recycling, because of the glues involved. Given the difficulties in pulling apart the layers, which are typically made of virgin plastic, they are usually burned. However, there are some industry players taking steps to improve the design, recyclability and reusability of backsheets. One of them is Italy-based Coveme, which recently partnered with pv magazine’s UP Initiative. In the following interview, CEO Amedeo Maccolini explains what the company is doing to step UP its sustainability game.

Sweden issues €5m call for battery studies

Researchers have just under four weeks to apply for backing for their projects, in areas including battery reuse and recycling, circular manufacturing and supercapacitors.

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Solar among the options as Moldova gets €5m credit line

The loan will be supplied by the EBRD and includes €1.25 million of concessional lending provided by the global Green Climate Fund.

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