UK looking to renege on climate goals post-Brexit – reports
The British government is assessing ways to scrap pledges made to hit 2020 clean energy targets without incurring any penalties, reports Bloomberg, in a first sign of the country reneging on mandatory environmental action made under EU membership.
Austria allocates €5.95 million for solar rebates in 2017
The Austrian Government has allocated €5.95 million ($6.34 million) to solar incentives for 2017. Applications are being accepted starting from Tuesday.
New installs and retrofits behind Australia’s residential storage boom
The Australia residential storage market is booming on the back of a combination of regulatory changes and market dynamics. However, with upwards of 30,000 systems set to be plugged in this year, the influence of early adopters deploying solar+storage to new installations remains a dominant driving force in the current market.
Engie takes full control of solar and wind unit Compagnie du Vent
The French energy giant has acquired 100% of its renewable energy subsidiary Compagnie du Vent. The unit has installed over 500 MW of PV capacity to date.
Dynavolt opens 6 GWh lithium battery production plant in China
The China-headquartered developer of batteries has inaugurated its new €400 million factory in the southern Chinese Province of Fujian that will specialize in the production of lithium-based batteries for C&I applications and electric vehicles.
First Solar seeking sale of its share in yieldco 8point3 Energy
The Arizona-headquartered solar power company wants to strategically align its resources to support its new Series 6 module, and thus seeks sale of its stake in the joint SunPower yieldco. SunPower reaffirms belief that the yieldco can deliver long-term assets and growth.
Natcore’s Foil Cell creeps closer to commercialization
The U.S. cell manufacturer announced a partnership with Italian manufacturer Coveme to accelerate the development and commercialization of Natcore’s latest cell innovation.
Netherlands pre-selects PV projects totaling 2.64 GW in first round of 2017 SDE+ program
Solar dominated the first round of the Netherlands’ 2017 SDE+ program for large-scale renewable energy projects, accounting for 69.4% of all preassigned capacity. Overall, 4,484 PV projects proposals totaling 2,647 MW were accepted.
IRENA: Russia has potential to double 2030 solar target to 5 GW
The international agency describes Russia’s difficult transition to clean power generation technologies. The study, however, outlines the country’s strong solar potential.
Sunnova prepares for its first securitization
The $255 million offering makes Sunnova the latest distributed solar provider to offer securities backed by residential solar assets.
