Enel

Grenergy was this week due to ship 400,000 face masks to Latin America as European developers today voiced a fear project finance will become increasingly difficult to find as the coronavirus lockdown continues.

The efficiency of the cell, made with a standard M2 wafer, was raised around 0.7% by using an improved busbar-free screen printing metallization process based on heterojunction processes developed with manufacturing equipment provided by Swiss specialist Meyer Burger.

The Norwegian PV developer was allocated three of the five projects available in the procurement exercise, having reportedly offered to accept $0.025/kWh from utility Société Tunisienne de l’Electricité et du Gaz for the clean power produced by the largest, 200 MW slice of generation capacity available.

With the move, the Italian infrastructure fund has raised its operational renewable energy portfolio to 1 GW and secured access to the Spanish market for its EF Solare unit.

Spanish energy company Endesa is planning to build a 1,725 MW renewable energy complex in the Spanish town of Andorra, in the province of Teruel. The €1.48 billion project is set to comprise 1,585 MW of solar generation capacity, 139 MW of wind turbines and a large scale storage system, and will replace coal power plants Endesa wants to close in Andorra (Teruel) and Compostilla (León).

Exxon Mobil and BP did not produce figures for their clean energy investment activity and Total responded only with its ‘low carbon electricity’ spending. Shell stated it had invested €1.6 billion in clean energy from late 2016 up to June and Chevron gave details of its spending to reduce emissions and enable ‘greater diversity of energy sources’.

The manufacturing facility, idled a few years ago, will produce bifacial modules. The company claims panel efficiency exceeds 20.5% and the factory has an annual production capacity of around 200 MW.

The Italian fossil fuel company is not hanging around when it comes to diversifying into PV, with almost 1.5 GW of generation capacity plugged in since the start of last year. Canadian Solar has disputed Wiki-Solar’s positioning of First Solar as the world’s biggest PV developer.

In the past 12 years, green bonds have raised nearly $800 billion for investment in clean energy and other sustainability projects and companies are now pegging bond interest payments to their environmental performance.

With hundreds of billions of dollars in assets and funds under management, Macquarie Group is seeking to amplify its considerable influence, bringing investment and reporting to bear on accelerating climate mitigation and adaptation.