Sustainability

Australian electricity network part-owner Spark Infrastructure said it will welcome other bids if a $5.2 billion (USD$3.85) billion takeover bid by a consortium fails, implying a sale is on the cards.

The TotalEnergies-controlled solar manufacturer will secure an, as yet undetermined chunk of a new €118.6 million low-carbon innovation fund to start producing its frameless, glass-free solar roofing products at Porcelette, in northeastern France.

U.S.-owned, Nairobi-based mini-grid developer PowerGen has already rolled out seven local solar networks in the West African country, funded by equity investors who will recoup their cash when all 28 systems are sold to CrossBoundary Energy Access.

Known as Australia’s “Sunshine State,” Queensland households have, in just two years, doubled their residential energy storage, according to a new survey. The figures reveal 37% of Queensland households now have panels installed, with a further 22% looking to install or upgrade their systems.

Analyst BloombergNEF has gazed into its crystal ball and predicted three routes to a net zero world. The ‘green’ scenario fleshed out in its latest New Energy Outlook is bound to appeal far more to the solar industry than the alternative, nuclear or fossil-fuel-powered outcomes.

A report commissioned by EU lender the EIB has dismissed the role solar mini-grids can play in achieving universal electrification by 2030 and signaled distribution to individual households should be the way forward, including sales to the residents of UN refugee camps in East Africa.

Responding to a petition seeking an order to protect vulnerable wildlife habitats, the High Court of Bangladesh has told policymakers in Dhaka to draw up a plan for 100% clean energy.

With the nation having operated seven pilot programs since 2011, a national scheme started trading on Friday, although the first day’s average carbon price of around €6.70 per ton of emissions was significantly below the €50/ton levels currently being seen in Europe.

European commissioner for economy Paolo Gentiloni has outlined how the commission’s planned revision of the energy taxation regime, and introduction of an EU carbon border, could be applied.

While trade group SolarPower Europe has welcomed the EU’s emissions-reduction legislative package, it renewed calls for solar and energy storage to be mandated on buildings and urged policymakers to go even further than the stated ambition for clean power to fire 40% of European electricity by 2030.