A study into the potential pitfalls of the shift to clean power in the nation’s coal-dependent energy mix, pointed out almost all of South Africa’s solar farms are far to the south and west of the coal regions likely to bear the brunt of job losses in a country which already has 29% unemployment.
The EU Council has rejected a Covid-inspired European Commission proposal for a €40 billion warchest to help coal-dependent regions shift to renewables, with the heads of member states instead allocating €17.5 billion. Despite the final figure being €10 billion higher than that suggested by the commission before coronavirus battered Europe, questions have been asked about how useful the program will be.
With Bulgaria, Poland, Romania and Czechia having dragged their heels over climate legislation for years, BloombergNEF has estimated the most economic route out of the coal habit. It is a path which could see 40% less carbon emissions in 2030 than were recorded last year, with a 47% clean energy power mix.
Romanian petroleum transport services provider Conpet announced plans to install PV plants across five of its facilities. Initial investment will be limited to 3 million ROL ($680,000), but the group aims to create a renewable energy business unit under its 2020-2025 strategy.
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.
Romgaz is reportedly planning to invest in solar, wind, geothermal and biogas power projects by tendering for consultants.
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