EU to offer expertise to drive renewables-friendly policy across Africa
The oft-heard industry call for more supportive policy for renewables, this time in Africa, has prompted the European Commission to pledge to work with its continental counterpart on improving the clean energy regulatory environment.
Add electric vehicles, not bulk transmission, for a low-cost, clean grid: UC Berkeley study
A 90% clean grid with a transition to EVs would achieve lower electricity costs than one without, the study shows. Transmission investments would mainly be spur lines to new renewable generation.
British company to produce solid-state lithium-sulfur products this year
Oxfordshire-based Oxis Energy says it will produce the less flammable devices sought by the aviation industry using the same manufacturing processes as those used to make lithium-ion and conventional-lithium-sulfur products.
EIB and Greece agree first in EU to co-manage €5 bln of recovery plan
The European Investment Bank and Greece this week signed a first-of-its-kind agreement to jointly manage €5 billion of investment concerned with the EU member state’s post-Covid recovery plan. The strategy has a key focus on green energy.
UK added 175 MW of solar in first quarter
More than 7% of the U.K.’s solar generation capacity is now unsubsidized, according to trade body Solar Energy UK, with the nation reaching more than 14 GW of photovoltaic projects during the first three months of the year.
Italy should embrace solar, not gas to hit raised climate ambition
Instead of splurging €11 billion of EU cash on uneconomic new generation capacity, the Italian authorities–and electricity bill payers–would be better served investing in a mix of current clean power technologies which would include almost 17 GW more solar capacity.
Focus of off-grid funding shifts in Africa
West Africa hogged more than twice as much investment as the east in a year which saw stock market backing plunge an ‘alarming’ 46%, leaving donor grant funding and debt to pick up the slack during a Covid-hit year, according to off-grid industry body GOGLA.
EBRD leads $6m green finance package for Armenia
Private sector businesses will be offered concessional loans to install solar and other climate change related equipment.
Solar changing shape of electricity prices in Northern Europe
Rising volumes of photovoltaic project capacity are increasing the incidence of negative price periods for electricity–and changing the times of day when they occur.
Sun Exchange crowdfunding offers a (Nhimbe) Fresh start
With Cape Town-based solar crowdfunder The Sun Exchange having generated $1.4 million for a 510 kW solar-plus-storage facility for Zimbabwean food company Nhimbe Fresh, pv magazine has spoken to the heads of both businesses–Sun Exchange CEO and founder Abraham Cambridge and Nhimbe executive chairman Edwin Moyo–about the fundraising exercise. First up is The Sun Exchange founder…
