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New Caledonia sees 10 MW solar-plus-storage plant come online

The Wi Hâche Ouatom project is the first of its kind in the southwest Pacific French overseas territory. The facility is 51% owned by Enercal Energies Nouvelles and 49% by Promosud, both of which are based in the archipelago.

EDF develops its first floating PV project – which will be France’s largest

The 20 MW solar project will be located on the hydroelectric reservoir at Lazer in the Hautes-Alpes, next to the Saint-Sauveur dam.

New products contribute to another record year for sustainable finance

BloombergNEF figures show financial vehicles linked to environmental and/or social benefits amounted to $247bn worldwide in 2018. The US led the way, almost entirely because state-backed mortgage provider Fannie Mae issued $19.8bn worth of green home loans.

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EDF takes 50% stake in BBOXX Togo

French energy giant EDF has acquired a 50% stake in off-grid developer BBOXX’s operation in Togo. The two will work together to boost access to electricity in the West African country, according to EDF, and the partnership is the first step, with plans to extend cooperation to more countries in Africa.

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EDF commissions 101 MW of PV in Israel

EDF Renewables has commissioned five PV plants in Israel totaling 101 MW, thus bringing its total solar capacity in the country to nearly 300 MW.

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EDF now aims to become e-mobility leader

EDF has launched yet another ambitious plan, this time aiming to become the leader in e-mobility by 2022. It has outlined three targets, and cemented new partnerships, to achieve this goal.

France: EDF, Total and Engie ‘really bad’ green providers, says Greenpeace

Greenpeace France has launched a Green Electricity Guide, which ranks 19 French electricity providers in terms of their renewable energy offers. The environmental association accuses several providers of practicing greenwashing, as they buy power from nuclear power plants and then turn it “green” using guarantee of origin certificates.

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Industry calls for UK-EU electricity market, COP24 cooperation post Brexit

Twelve signatories from the energy and consumer goods industry have sent an open letter to the EU and U.K., calling for continued cooperation after Brexit to protect both consumer, and business, interests. The document highlights the importance of tariff-free electricity trading as intermittent renewable energy will require a higher degree of market integration.

Fitch revises up outlook for French solar market

The U.S. firm expects France will reach a cumulative capacity of 28 GW by 2027, 3 GW more than previously forecast. The reasons for the increase are the renewed efforts of the French government to push for more solar, and the solar plans of big energy players such as EDF and Total.

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EDF brings 200 MW of PV online in Dubai

The PV plant is the first section of the third 800 MW phase of the 1 GW Rashid Al Maktoum Solar Park. The facility will sell power to the Dubai Electricity & Water Authority at US$0.00299 per kWh.

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