Max Hall
Fund hopes to raise $250m for urban climate projects in West Africa
The ARM-Harith Cities and Climate Transition Fund will feature public and private finance, according to the joint venture behind it.
Gransolar switches on 63 MW solar plant in South Africa
The PV project, near the agricultural town of Douglas, is expected to generate enough clean electricity to power 20,000 households.
EU raises another €9bn for Covid recovery
The latest, seven-year investment attracted offers worth more than €100 billion from investors and means the European Union has already generated €54 billion of the €80 billion of bond proceeds it is aiming for this year, as part of its five-year, €800 billion NextGenerationEU support package.
Is it time for the world to start thinking about 1.7C?
A note issued by Norwegian analyst Rystad has hinted it may be time to consider abandoning the 1.5-degree average global temperature rise ceiling agreed upon in Paris six years ago, because the world will never be able to pump out enough solar panels in time.
Chinese PV Industry Brief: Rising wafer prices and a big tracker order
AntaiSolar has secured a 400 MW contract from Ningxia Jiayang Energy and Longi has raised the prices of all its wafers. Elsewhere, GCL New Energy has announced the sale of another 198 MW of project capacity.
Pakistan’s looming water crisis could be eased by a solar-led energy system
With renewable energy generation said to consume up to 95% less water than fossil-fuel fired power plants, solar could lead the way to a less stressed existence in mid century, according to researchers from Finland’s LUT.
China holds the key to cancelling half the world’s new coal project plans
With pressure mounting on the world’s governments to turn their back on the fossil fuel, China and peers in South East Asia, Europe and South Asia could help deliver a coal-free future at the COP26 climate summit planned in Glasgow in November.
Proposals received for latest version of delayed Kuwaiti gigasolar project
With the Dabdaba/Al-Dibdibah solar field now having been combined with the Shagaya clean energy development, bids for the former’s EPC contract were reportedly received last week. It is unclear whether the facility will have a generation capacity of 1 GW, 1.5 GW or ‘up to 3 GW.’
Regional strategy to turbocharge Indonesian solar
A roadmap to rapid carbon emission reduction has suggested the nation add 2.4 GW of generation capacity next year as part of a 15 GW new-solar target this decade. The claims of solar-plus-storage should be ignored for now, according to a new policy document, because batteries will make PV less competitive with coal.
EU to start auctioning green bonds next month
An independent third-party has approved the European Commission’s safeguards to ensure the projects in member states financed by €250 billion of green bonds over the next five years, will have genuine emission reduction credentials.
