News

The Moroccan Agency for Sustainable Energy has started to pre-qualify developers for the first phase of the Noor PV II solar project.

A solar project billed as one of the largest in Canada’s history has changed hands this year, with a Toronto-headquartered infrastructure investor named as the new majority owner.

Many Arab countries, despite currently low to negligible renewable energy use, have set ambitious targets to increase their shares of renewables. Yet power-system planning is frequently constrained by cost implications and the lack of first-hand experience with renewables. Solar and wind power, particularly, present challenges for existing power systems due to resource variability.

Assurances against country-level risks are essential to make renewable energy investments bankable. Sovereign guarantees represent a government’s commitment to cover payments in case of default. Yet with this well-known instrument becoming harder to obtain, lesser-known risk mitigation alternatives can also be viable.

Large institutions such as investment banks, insurance companies, and pension funds are a vital source of capital for the transformation of the global energy system. Governments and the private sector need to work together to mobilise institutional capital for renewable energy investment.

Countries seeking to scale up renewables can draw on the bond market, including the growing range of securities dedicated to sustainable, environmentally beneficial, climate-safe project finance. Renewable energy has emerged as a major recipient of such green bond proceeds.

Solar developers will have a chance this spring to compete at a new renewable auction in Greece, the latest in a country aiming to take installed PV capacity near the 8GW mark by 2030.

Bosnia and Herzegovina’s second-largest utility, Elektroprivreda Republike Srpske (ERS), is planning the $75.7 million project. The region’s first solar park will be built near Trebinje, in Republika Srpska.

ROTH Capital Partners has told investors that the recent outbreak of the Coronavirus in China is likely to impact the solar industry supply chain, due to extended work stoppage in eight provinces, many being key solar manufacturing hubs, through February 9th.

Materials firm Arkema is lining up a bifacial-ready backsheet polymer solution for release this year, having identified the trend for bifacial panels to represent a significant opportunity for the group.

Capstone Infrastructure has announced that it has successfully acquired a 51 percent interest in the 132 MW Claresholm Solar Project from Perimeter Solar.

NISE has issued a tender for the commissioning of the 30 kWp solar PV power plant at the NISE Campus in Gurugram.