UK failing to meet EU’s modest renewable targets, finds European Commission
Policy changes have slowed the U.K.’s progress towards 2020 renewable energy goals as the country wrestles with the forthcoming Brexit turmoil. France and Netherlands also on watchlist, says Commission.
Financing solar in the developing world: what are the struggles?
Solar has started playing an important role in the developing world, but the pace of investment needs to step up. Is there enough financing for projects in the developing markets and if not, what needs to be done?
Germany installs 450 MW of solar in December
End of year surge in installations pushes annual total towards 1.5 GW – a slightly higher figure than that recorded in 2015. Tumbling module costs in Europe have aided this upturn, with small-scale solar installations predominant.
Allianz snaps up 100 MW UK solar portfolio from BayWa r.e.
Allianz Renewable Fund 2 acquires three large scale solar PV plants from Germany’s BayWa r.e., amounting to 100 MWp of additional solar capacity.
Enphase to shed 18% of workforce in latest restructuring drive
SEC filing outlines proposed changes, described by company CEO Paul Nahi as “necessary to create path to sustained profitability”. Restructuring will cost estimated $2 million and follows announcement last year of staff losses.
NextEra builds 2.5 GW of wind and solar in 2016
The Florida power company’s results call indicate very rapid activity over the last year, and NextEra expects a similar rate for future development, along with dividend growth.
Flex survives a $500 million loss in business after SunEdison flamed out
Through no fault of its own, the energy-storage manufacturer revealed on its most recent earnings call that the continuing SunEdison fiasco cost it $500 million in revenue in 2016 – but it lived to tell the tale.
Honduras is the first nation with 10% solar in its electricity mix
Electricity from PV plants represented 10.2% of the nation’s electricity mix in 2016. Honduras also leads Central America as the country with the highest PV capacity with 433 MW-AC installed.
Energy expert survey finds admiration for German energy policy, but they don’t plan on copying it
A recent survey of energy experts from 42 countries conducted by the German member committee of the World Energy Council has found that the majority of the experts follow and admire the German policy, but do not consider it to be the blueprint for the rest of the world.
Will high domestic content requirements fuel or hinder Turkish solar sector growth?
Turkey’s solar sector is showing continued growth, but there are questions regarding the nation’s domestic content requirement.
