Plus, Australia’s Greens want renewables front and center of the post Covid-19 economy and Mexican plant owners are overturning a politically-motivated ban on clean energy, however, Indian developer Acme solar says pandemic delays warrant it reneging on the terms of the record-low solar price agreement it signed.
U.S. thinktank the Institute for Energy Economics and Financial Analysis says the nation should reorder its power network to harness cheap, modular renewables after existing power station overcapacity was worsened by plunging electricity demand during the Covid-19 shutdown.
Cell supply shortages could kick-start manufacturing activity in India, EV car sales are braced for a fall while still gaining market share and a new date has been set for the world’s biggest solar trade show.
Installers which took advantage of cheaply-priced government finance say customers affected by the Covid-19 crisis cannot afford to pay for the solar home systems they have rolled out while expanding renewables programs.
Portugal set a new coal-free record because of the pandemic as Belgium and Israel moved to help the renewables industry. But there was grim news in Mexico and Turkey, and Bangladeshi clean energy firms have appealed for more assistance.
Industry representatives call for a $59 million, five-year package of grants, loans and tax incentives from the government after Dhaka extended a coronavirus-driven industrial shutdown into the middle of the month.
Solar project developers and other component importers are among those eligible to apply for low-interest loans for up to 10 years. The government had already offered a $200 million credit line last year.
Indian company Mahindra Susten will provide engineering, procurement and construction services on a $1.7m, 3.1 MW array for a German-Bangladeshi knitwear company which will buy the power generated for $0.077/kWh.
A scheme to install solar lighting and household power, as well as biogas and solar cookers and larger PV plants, has already driven deployment of more than 1.2 million systems. Now the government wants more partners to join the program.
F Cubed, an Australian company that specializes in solar-powered desalination systems, has landed a contract valued at almost $5 million to supply 1,140 units that will provide clean drinking water to around 30,000 people in Bangladesh.
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