The solar manufacturer has landed its biggest engineering, procurement and construction services deal and will work on solar facilities in Europe and Latin America which will come online before 2023.
The new measure mainly applies to wind power and other renewable energy sources, as most of the country’s solar capacity was deployed after 2014, when the energy reforms were implemented.
pv magazine spoke to Mark Jones, chief executive of privately-owned clean energy investment company Susgen about where the newly-launched business is looking to spend the cash pile it has allocated for big, early-stage project pipelines.
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.
Twenty-three renewable-energy operators have resumed testing of their installations, just a few weeks after the Mexican government halted grid connections for new solar and wind power projects, pending further notice. Mexicio’s National Energy Control Center (Cenace) has faced a series of “amparo” lawsuits since the government introduced the new measures against renewables.
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.
The move has been brought in by the National Energy Control Center which claims it is necessary to safeguard energy security during the Covid-19 public health crisis. Critics say the authorities are using the pandemic as an excuse to extend a pattern of action against the renewables industry.
The unfolding effects of the Covid-19 crisis, and fears of a possible second wave, have split analysts trying to guess how the unsubsidized renewables market will emerge as slumping demand continued to distort power markets. pv magazine rounds up the week’s coronavirus developments.
The coronavirus epidemic continues to batter the global economy, including the solar industry, but falling demand during lockdowns has brought negative energy prices as well as helping drive record solar generation, amid less-polluted skies.
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