Sustainability

The city authority wants a developer to construct a 7 MW solar project for it as part of a push to widen its sources of electricity, and says clean energy will be cheaper than – largely coal-fired – grid power from Eskom.

Indonesia will have to get to work installing more than 24 GW of solar this year – and every year – if the region is to achieve the 2.1 TW to 2.4 TW of photovoltaics Irena has estimated it will require to achieve a net zero carbon energy system by 2050.

Researchers at the University of Leicester have developed a new method of extracting silver and aluminum from end-of-life PV cells using iron chloride and aluminum chloride dissolved in brines. According to them, the cheap solvents retrieve up to 95% of the metals within 10 minutes, achieving a 98% purity of silver chloride.

There are three main drivers behind the continuing growth of solar today: the economics of energy, the energy crisis driven by the war in Ukraine, and a growing global focus on green and net zero initiatives. What matters is that these three drivers change the dynamics of investment – there is a growing body of capital looking to align with low-carbon, net-zero initiatives. Yet as the debate rages about operational versus overall sustainability, what is the future of solar for ESG finance?

Developers in Greece will bid to secure annual payments for large-scale storage facilities that must be operational before 2026.

The European Commission has an eye on the potential acquisition of Groendus by public retirement funds in the Netherlands and Canada.

The Canadian province needs to commission 5 GW of newly-built electricity generation capacity to cope with demand driven in part by electric vehicles and nuclear energy retirements.

The month of May saw Japan and South Korea set a new benchmark for solar electricity generation, according to a London-based think tank, but PV is still dwarfed by fossil fuel-powered electricity in the two countries.

Despite its faults and shortcomings, the EU’s Taxonomy Regulation is expected to support the energy transition and help redirect capital flows to renewables and green assets. Andreas Walstad examines how the taxonomy sets out criteria for technologies to be labeled green and environmentally sustainable in a bid to provide investors with a classification system that boosts clarity, accountability, and predictability.

The ‘cradle-to-cradle’ certification is considered a globally recognized holistic product quality standard. The assessment is made for five categories: material health, recyclability of materials, energy management and CO2 emissions, water management and social responsibility