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Caught in a confusion of canceled auctions, tariff wars, safeguard duties and missed targets, the Indian government is now fast tracking solar power, having asked the Solar Power Corporation of India (SECI) to float 4 GW worth of tenders in four months.

Although the report issued by the U.S. scientists recognizes the importance of low-level factors, like improvements in PV components and manufacturing processes, economies of scale and public policies are said to be the high-level mechanisms responsible for most of the cost decreases in solar technology and, thus, its success over the past two decades.

According to a report published by the Asian Development Bank (ADB), key factors such as the low-regulated price of electricity and uncertainty of the creditworthiness of Vietnam’s state-owned utility EVN are making it difficult to develop bankable solar and RE projects. An improved fiscal energy policy is recommended as the only way to provide the local energy sector with long-term capital and competence in conducting green credit appraisal. Furthermore, the report warns that the current 20-year FIT of US$0.0935/kWh for solar projects is too low.

Solar and/or wind are said to be the cheapest source of new energy generation in all major economies, apart from Japan, finds BloombergNEF. It adds that China’s utility-scale PV market has contracted by over a third this year; and that battery costs are set to drop a further 66% by 2030, driven by EV adoption.

The German Federal Network Agency has selected 36 solar PV power projects with a combined capacity of 201 MW in the mixed energy auction, which ended with a final average price of €0.0527/kWh.

Walburga Hemetsberger has led the EU Representation Office of Austrian energy company Verbund AG for the past 10 years. At the same time, she was also a board member of Hydrogen Europe, in charge of Energy Transition Solutions.

The Finnish Energy Agency is seeking proposals for annual electricity production totaling 1.4 TWh. Large-scale wind, solar, biomass and wave power projects will be entitled to participate in the auction.

In March of this year, two unknown men in Haan, Germany, dropped acid on Innogy board member Bernhard Günter. In September, the prosecutor announced the investigation was closed. Innogy, however, hopes to find new clues through the reward.

The RE100 Progress Insights Annual Report 2018, released at the end of last week, portrays the central role corporate policies can play in carbon mitigation efforts.

The seventh round of funding under the Abu Dhabi Fund for Development program takes to US$350 million the amount pumped into clean energy as part of state-run energy transition strategies in the developing world.