Tracking rooftop solar trends in India
Simarpreet Singh, director at EPC firm Hartek Group, speaks to pv magazine about the impact of the Covid pandemic on India’s rooftop solar sector, technology trends shaping the market, and the outlook for 2021.
African Development Bank opens $50-60m pot for off-grid solar Covid recovery
The development lender has established a Covid-19 Off-Grid Recovery Platform with impact investors from the Netherlands, U.S. and U.K., to offer affordable loans to off-grid solar companies operating in Africa.
Finnish solar manufacturer finally starts production in Vilnius
Valoe completed the 15-month purchase process of a 60 MW cell production line from Solitek in the spring and installed interdigitated back-contact production equipment. It hopes to begin deliveries in the next quarter.
Asian Development Bank provides more than $1bn finance for renewables power lines
The development lender has followed up a $600 million loan for distribution infrastructure in eastern Indonesia with a $430 million credit line for installations in India.
The weekend read: Green utilities show resilience
European utilities with large exposure to renewable energy have performed well this year, despite a downturn in both energy demand and prices on the back of Covid-19.
Green projects eligible as EU throws another €40bn at Covid recovery
Italy is in line for €11.4 billion if member states sign off an emergency funding package which will distribute funds based on the GDP and unemployment figures of their economies in June, July and August.
‘Solar should be at heart of EU recovery’
Solarpower Europe has called on member states to put solar and battery storage front and center when it comes to drawing up the Recovery and Resilience plans needed to secure a slice of the bloc’s proposed €672.5 billion post-Covid stimulus package.
European Council reaches €1.82tn budget agreement with parliament
The parliament and EU member states will now mull the proposed budget for 2021-27 which includes a €750 billion Covid recovery package and a Strategic Investment Facility it is hoped will unlock €150 billion for renewables and energy storage to 2027.
World could add more than 900 GW of solar by 2025 if politicians grasp the nettle – IEA
With the International Energy Agency publishing its latest five-year clean energy forecast today, pv magazine takes a look at the solar content of the 162-page document.
Scatec stock price stymies extra shares issue plan
Shares in the Norwegian renewables company have been trading below the $26 price linked to a recent $527 million fundraising issuance which the developer launched to fund its planned acquisition of hydropower business SN Power.
