QTC Energy unit buys 15% stake in GEP
Bangkok-based QTC Global Power has paid 67.84 million baht ($1.9 million) for a stake in Thai PV developer Green Earth Power (GEP), which is building a 220 MW solar installation in Myanmar.
Pakistan to install 556.5 MW by end of 2018
Roughly 956.8 MW of solar capacity is now under development at 28 locations in Pakistan under the Alternative Energy Development Board (AEDB), with 556.5 MW set for completion by the end of 2018.
Renewable energy employs 9.8m people globally – IRENA
Report by the International Renewable Energy Agency shows large increase in number of people employed in renewable energy sectors, led by solar PV, which accounts for 3.1 million jobs.
Vietnamese utility to build 350 MW
A unit of utility Electricity of Vietnam (EVN) has announced plans to build two projects totalling 350 MW of solar capacity in southeastern Vietnam.
New South Wales sets higher benchmark range for FIT
The Australian state’s Independent Pricing and Regulatory Tribunal (IPART) has drafted recommendations for voluntary solar feed-in tariffs (FITs) for 2017-18. It has proposed a benchmark range of AU$0.116 to AU$0.146/kWh, from AU$0.055 to AU$0.072/kWh in the preceding 12-month period.
IRENA: Russia has potential to double 2030 solar target to 5 GW
The international agency describes Russia’s difficult transition to clean power generation technologies. The study, however, outlines the country’s strong solar potential.
IRENA: more solar than wind added in 2016 in strongest ever year for renewables
2016 was the strongest year ever for global renewable additions, reveals the International Renewable Energy Agency (IRENA), with the growth of solar particularly dominant.
IEA, IRENA join forces to prompt redesign of energy markets
Berlin Energy Transition Dialogue 2017 will see the presentation of a joint report by International Renewable Energy Agency (IRENA) and International Energy Agency (IEA), their first ever collaboration with an eye on decarbonization of global energy system.
IRENA Director: UAE’s and Saudi Arabia’s move to solar is genuine
The United Arab Emirates (UAE) and Saudi Arabia announced recently new energy strategies towards renewable energy development, prompting the renewable energy sector to question whether this shift is genuine.
Ukraine: Rapid expansion of solar PV continues in 2017
In 2017, 54 new solar projects with a total capacity of 460 MW will be implemented enabling the country to exceed 1 GW of installed PV plants.
