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