Bangladesh mandates 2% of loans issued must be for green projects
Some 15% of the finance disbursed must fit the wider definition of being ‘sustainable’ and banks and other lenders have been warned penalties will be applied for non compliance.
Italy’s first energy community for solar power sharing
The solar energy community will be part of a citizen energy community aimed at covering the energy needs of half of the citizens of an Italian, small northern municipality.
New method to build microgrids based on solar, hydrogen
The use of polymer electrolyte membrane fuel cells as backup power generation in solar microgrids could drive down costs and improve efficiency, according to an international group of researchers. They have proposed a new energy management system that could be ideal for hybrid solar-hydrogen microgrids in remote locations.
Mini grids grant could drive 80 MW of new capacity in Africa
A new fund established by the African Development Bank could attract $650 million of private money into the sector, according to the lender.
EDP acquires stake in Brazilian distributed-gen PV company
Portuguese utility EDP has agreed to buy a minority stake of up to 40% in Brazil’s Blue Sol Participações.
India’s solar sector in 2020
India’s PV industry has experienced an eventful year, with record lows in both new capacity additions and tariffs.
Optimal sizing for solar water pumps
Researchers in Malaysia have proposed a new approach for optimal sizing of solar water pumps. Their method consists of using a single PV module, a charge controller, several batteries, and a DC load.
Somali solar providers can apply for grants from $8.5m pot
Solar distributors and service providers and microfinance businesses which are rolling out PV systems in Somalia and the self-declared Republic of Somalil and have been offered access to grants from development donors.
Crossboundary offers up its mini grids business model for African peers to benefit
The Kenyan financial services business has been developing rural mini grids across Africa and has announced plans to show its rivals how such networks can thrive, in a bid to accelerate access to electricity on the continent.
Solar stocks rise as President Xi pledges 1.2 TW of renewables capacity in 2030
The Chinese leader has revealed some details of his nation’s commitment to go carbon neutral by 2060. That solar and wind power promise could even prove to be a conservative estimate, according to the nation’s solar industry.
