Low Carbon

As the cost of generating clean energy continues to fall, producing green hydrogen in Europe, rather than importing it from Africa – with all the transport costs and raised carbon footprint that would entail – is beginning to look like an increasingly viable option.

A lack of clear policy support, raw material dependency, and higher production costs are inhibiting the localization of European solar manufacturing, despite strong demand.

Solarge, a Dutch panel manufacturer, says that its new factory will make two types of lightweight mono-PERC panels with low carbon footprints. It says it will design them to be reused at the end of their 25-year lifespans.

Despite the ever-growing number of nations committing to attaining a net-zero economy, there appears little prospect yet of a future free of fossil fuels, as Roger Lewis, an environmental, social, and corporate governance (ESG) expert at Downing LLP explains.

Tony Danker, head of the Confederation of British Industry, in January warned the UK is at risk of squandering the vast economic opportunities available to nations investing in the energy transition. Christophe Williams, CEO of solar thermal company Naked Energy agrees, and here spells out some of the urgent actions Rishi Sunak’s government must take to place solar thermal – and PV – at the heart of a green revolution.

The remarkable results of what is already being called a ‘historic’ 2022 federal election have put Australia “back on the map” in the eyes of big low-carbon investors.

The Heysham site is intended to reduce curtailment from half a dozen offshore wind farms and to replace local grid services which will be lost when two nearby nuclear reactors are powered down.

Photovoltaics can wipe out 4.25 billion tons of carbon emissions every year this decade, according to the UN Intergovernmental Panel on Climate Change. Even so, the actions announced so far remain way short of what is needed, with capital flows to fossil fuels still greater than the cash directed toward combating climate change.

Cape Town-based solar crowdfunding platform The Sun Exchange in April announced completion of its largest funding call, for US$1.4 million to finance what it described as a 510kW solar-plus-storage facility for Zimbawean food company Nhimbe Fresh. With the first part of a planned three-phase “going solar” transformation of the business complete, pv magazine spoke to The Sun Exchange founder and CEO Abraham Cambridge, and to Nhimbe Fresh chairman Edwin Masimba Moyo.

The private sector arm of the multilateral development bank has offered a $200 million credit line to Nedbank, the first commercial bank in South Africa to offer a green bond, which it did on the Johannesburg Stock Exchange in 2019.