EBRD backs green bond issued by Polish utility
The London-based lender has committed more than €50 million to the €218 million exercise which will cost issuer Tauron more to finance if the utility falls short of its 2030 decarbonization targets.
‘China must put EV battery reuse at heart of net-zero ambition’
The centralized nature of policymaking in Beijing would enable component standardization to ease the transition from EV to stationary energy storage use, according to Greenpeace East Asia.
Major economies should divert fossil fuel Covid-recovery cash to clean energy before it’s too late
A report by Finnish company Wärtsilä has estimated the potential impact if every dollar committed to a non-renewables energy sector recovery was instead funneled to clean power.
UK utility trials ‘world first’ renewables-friendly energy market
UK Power Networks’ ‘Power Potential’ project offers small scale generators the chance to be rewarded for voltage-balancing reactive-power services alongside traditional power stations.
Fraunhofer to develop battery inverter for whole-area UPS and renewables integration
Industrial and academic partners are developing a battery inverter which can be grid connected under normal operation but can also use nearby renewables generators to form an island grid, for whole-area uninterrupted power supply.
Corporate funding for battery storage up 75%
Analysts at Mercom Capital Group have tallied up corporate funding, venture capital and debt and public market investment for battery storage, smart grids and energy efficiency companies. From a financial perspective, the industry appears resilient to the Covid-19 crisis and ready to grow further.
UAE revises energy strategy in view of competitive PV prices
Falling solar prices are leading to a new energy strategy for the United Arab Emirates as local energy companies offer unbeatable prices that make green hydrogen increasingly affordable.
Vietnam opens 450 MW solar plant
Ho Chi Minh City-based construction company Trungnam Group said its army of laborers took just 45 days to perform site clearance for a project which took shape within 102 days.
‘Solar is the new king of energy markets’
The advance of PV has been lauded by the International Energy Agency as it launched the latest edition of a flagship World Energy Outlook 2020 report overshadowed by the Covid-19 crisis and uncertainty over how long the economic recovery could take.
Renewable energy education fast changing Nigeria’s employment landscape
Renewable energy training institutes are springing up all over Nigeria, empowering an army of young people with solar technology skills in a country where unemployment is a huge challenge.
