Germany installed 380 MW of solar in April
The rooftop segment maintained strong growth but utility scale PV saw a slowdown on previous months. In the first four months of 2020, newly deployed PV systems added up to 1,479.5 MW of generation capacity, compared with around 1.6 GW in the same period of last year. The nation’s cumulative PV capacity hit 50.46 GW at the end of April.
Solar could hold advantage in post-pandemic global energy sector
The International Energy Agency has acknowledged dramatic falls in energy investment caused by the Covid-19 crisis but said renewables, including PV, offered an attractive proposition to investors as the dust settled, given their enticing economics and short turnaround times.
Electric aircraft engines could take to the skies over Australia
Zero-emission, low-cost regional flights with just eight other sanitized folk and a disinfected pilot! Yes, Covid-19 is warping our view of the future but the successful electrically-powered maiden flight of a Cessna Caravan last week offers the potential for new modes of transport to support a wider economic recovery in Australia.
Renesola warns of Covid-19 project disruption
The solar plant developer, which is now based in the States, was upbeat in its first-quarter figures but balance sheet borrowings remain a concern.
US renewable energy surpasses coal for the first time in more than a century
The coal era could be said to be officially over in the United States.
Spain and Italy are European renewables investment hot spots, says CEO, and Mexico really should be too
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.
Climate-friendly businesses can secure €500,000 EU investment to get through Covid crisis
A cash fund is offering financial aid to start-ups and SMEs to mitigate the effects of the public health crisis. The grants will convert into a stake in the recipients at a future date.
Covid-19 weekly round-up: Residential systems in Italy will get a 110% tax rebate and UK consumers are being paid to turn appliances on as coronavirus turns the energy world upside down
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.
Indian developer wants to walk away from record low solar price
Acme Solar made headlines in 2018 when its offer to accept $0.0322354 per kilowatt-hour generated at a 600 MW solar farm planned in Rajasthan secured the project from federal body the Solar Energy Corporation of India. Now the developer wants to rip up the agreement, blaming Covid-19-related hold-ups.
Renewables can avoid crippling LNG and coal subsidy bill for Bangladesh
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.
