‘Solar is the new king of energy markets’
The advance of PV has been lauded by the International Energy Agency as it launched the latest edition of a flagship World Energy Outlook 2020 report overshadowed by the Covid-19 crisis and uncertainty over how long the economic recovery could take.
Mitigating supply chain risks
Rajendra Khandalkar, group head of supply chain management at India-based infrastructure engineering, procurement and construction services company Sterling and Wilson, has spoken to pv magazine India about learning from the Covid-19 crisis and the importance of smart supplier management to bolster company resilience.
German PV equipment providers still affected by Covid-19 crisis
Orders fell more than 70% in the second quarter but China’s economic recovery is providing the basis for cautious optimism.
US residential solar set for a record-breaking year — despite, and because of, 2020
With folks housebound by Covid-19 restrictions and more conscious of their home energy needs, April proved a banner month for companies generating digital leads through their own accelerated transition to a new way of working.
Another bumper year sees green bonds push through $1tn mark
Sustainability-linked debt financing is experiencing ever increasing popularity and the success of green bonds has driven other products linked to social performance and other sustainability criteria. The total volume of such investments to date passed the $2 trillion point this year.
Off-grid solar funding concentrated in just three companies
With a previous 50-50 split between equity and debt investment funding for the off-grid market lurching to 84% borrowing, and commentators stating most of this year’s backing was agreed before the onset of Covid-19, fears are mounting about the prospects for the sector.
Futurasun doubles production capacity to 1 GW
The module manufacturer has opened its second 500 MW factory in China.
IRENA presents $2tn plan to drive 5.5m renewables jobs by 2023
Doubling down on renewable energy investment and energy transition spending is required to ensure a truly green global recovery from the Covid-19 crisis and its economic aftershock, claims the International Renewable Energy Agency.
Georgia explores green hydrogen
The Caucasian nation could use its hydropower resources to generate the sustainable fuel for transport in its gas pipeline network. An agreement to cost the development of such an industry formed part of a deal which will see the EBRD lend the Georgian Oil and Gas Corporation €217 million to help it through a Covid-19-related cash crisis.
Solar power generation has risen 13% in Germany this year
The proportion of German electricity generated from renewables is five percentage points higher already than it was in the first nine months of last year.
