Oil and gas business Repsol has launched Solmatch, the nation’s first large solar community.
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.
That record figure of utility scale PV was under contract at the end of June with 8.7 GWdc under construction. However, installation levels fell slightly, year-over-year.
The project developer trumpeted its return to the black in the second quarter and appears set to secure an $11 million cash injection from its main shareholder. It needs the cash to help settle a near-$29 million debt due for repayment in March.
The energy transition is accelerating, Ernst & Young global energy leader Benoit Laclau has warned grid operators, thanks to the confluence of digitization, decentralization and decarbonization. Traditional utilities must get with the program or be swept aside.
The Shanghai company’s decision to go forward as a pure play developer puts it at odds with its peers and the diminishing margins reported in its Q1 figures illustrate why it may prove to be a high-stakes gamble to bet against manufacturing.
With solar panels already installed on dozens of its buildings, the city of Sydney has upped the ante by vowing to source 100% of its electricity needs from solar PV and wind. The commitment was endorsed by city council last week, with a new 100% renewable electricity contract to be negotiated in the coming months.
Chicago may be the largest city in the U.S. to commit to 100% renewable energy and has set a 2035 target date. The famous city’s long association with nuclear power says a lot about the future of clean energy Statesside.
The CommUNITY project is being realized outside the U.K. regulatory framework, which does not permit power trading between electricity customers.
The money will be used to support a joint rooftop project developed by 12 municipalities in Southeast Brabant.
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