The nation’s annual Economic Survey placed EVs at the heart of India’s decarbonization and called for an industrial hub where electric vehicles and the batteries to run them could be manufactured.
The energy transition is accelerating, Ernst & Young global energy leader Benoit Laclau has warned grid operators, thanks to the confluence of digitization, decentralization and decarbonization. Traditional utilities must get with the program or be swept aside.
U.K. Power Networks has tendered 18.2 MW of flexible power capacity to six companies across eight regions. With regular feed-in returns hanging in the wind in the U.K., flexibility and peak time management payments could be an alternative source of income for the solar industry.
Minister unveils plan to install small-scale systems on all educational buildings as part of aim to generate 10% of power from renewables by next year. The program will be privately funded, according to industry insiders.
China’s vast continent-spanning infrastructure project could fertilize solar growth along its perimeter at considerable scale as energy demand in the countries along the route is set to surge.
With buildings responsible for 36% of EU greenhouse gas emissions and half the bloc’s energy demand, European cities will have to accelerate deployment of renewable energy and foster substantial investment in energy efficiency to become carbon neutral by 2050. A new report has found ‘solar skins’ are well positioned to help achieve that goal and multiply the contribution of rooftop solar.
Four Nigerian universities are in the final stages of abandoning the country’s main grid to be fully powered by mini-grids. Nigeria aims to use more mini-grid technology to power its people by tapping a $550 million World Bank loan.
The Shanghai company’s decision to go forward as a pure play developer puts it at odds with its peers and the diminishing margins reported in its Q1 figures illustrate why it may prove to be a high-stakes gamble to bet against manufacturing.
The new credit lines are for the development of on and off-grid renewable energy projects. The European Commission is offering the fund a €40 million helping hand.
Of the nation’s installed operational PV capacity, 3,364 MW is in the form of solar parks while distributed generation contributes around 693 MW.
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