Is DEWA preparing an 800 MW Dubai tender?
Infrastructure group behind world record sub-6 cent LCOE is rumored to be seeking a financial advisor for an 800 MW project. An advisor is typically the first move in drawing up a tender.
US poised to hit 1994-levels of CO2 emissions this year, says BNEF
Power sector emissions across the country are poised to fall to a two-decade low in 2015 as record volumes of coal-fired capacity are shuttered and vast amounts of renewable energy comes online.
Russian banks set to seize Crimean solar power plants
Update: Saddled with massive debts estimated at $870 million following Russia’s annexation of Crimea and a dramatic cut in feed-in tariffs, solar plants in the region have been unable to pay back outstanding loans and now face foreclosure.
UK: No CfD-backed large-scale solar for next fiscal year
The two solar PV projects that secured a strike price of 50 pounds per MWh under the first Contracts for Difference tender for 2015/16 will not go ahead, administrators have revealed.
China dispatch: Violent sand storms hit PV projects in northwest China
Violent sand storms have hit northwest China this week, affecting several PV projects currently under construction. The worst of the sand storm activity took place on Tuesday.
Big60Million launches $30.3 million UK solar community bond offer
Belectric-backed energy company offering bonds for 60 pounds sterling to purchase stake in 34.3 MW of large-scale community solar farms across the U.K.
Leading UK solar developers adjust to new market conditions
Removal of the Renewable Obligation Certificate for large-scale solar farms from today has prompted a change of tack among solar developers operating in the U.K. market.
SEIA applauds New York tax exemption for distributed solar
New York Governor Cuomo signed into law a tax exemption on electricity generated and sold from customer-site solar systems today. The Solar Energy Industries Association (SEIA) has applauded the move in making the state solar friendly.
Global investment in green energy rises 17% to $270 billion
Driven by solar and wind, global investment in green energy last year reversed a two-year dip, seemingly ignoring the challenge posed by sharply lower oil prices, according to the United Nations Environment Programme.
Solar developers flocking to Egypt
An increasing number of international developers are investing billions in solar projects in the country, including three Saudi-led projects aiming to construct 5.5 GW of PV capacity across the country.
