Europe

Honda has just inked two virtual power plant agreements that will cover more than 60% of its electricity usage in North America.

De Raj Group and STC Energy have struck a deal to deploy an 88.371MW solar portfolio near Kiev, in a bid to capitalise on Ukraine’s feed-in tariff (FiT) scheme.

September 27 (Renewables Now) - Verditek Plc (LON:VDTK), the company producing lightweight solar panels in Italy, today raised GBP 600,000 (USD 739,500/EUR 676,400) in a share placing to speed up its growth plans, replenish working capital and fund a silicon/graphene solar project.

The French renewables group has taken over a specialist in C&I rooftop solar and launched a share purchase offer to enable its employees to benefit from the growth of the company.

For its new offer, the Israeli inverter maker is using modules provided by a Tier 1 manufacturer. The products have a 12-year warranty and 25-year performance guarantee.

France has marked progress with its programme to roll out solar in an area hosting its oldest nuclear plant, selecting its first batch of PV project winners.

The International Renewable Energy Association says the integration of hydrogen into the energy transition will not happen overnight and electrolysis costs will not be halved until the 2040s. That hydrogen and related products could revolutionize the world energy landscape, however, is not in doubt.

The new generation capacity comes from three 50 MW solar projects Spanish energy company Naturgy secured in an auction by the Spanish government in 2017. The installations are near Ciudad Real, in the central-southern region of Castilla-La Mancha.

Athens-based policy group The Green Tank labelled Greece’s decision “historic” while Europe Beyond Coal, an alliance of civil society groups working to make Europe coal free by 2030 said Hungary should target a more ambitious 2025 phase-out.

The European Investment Bank and the Netherlands Development Finance Company have each provided €53 million for the Radiant and Eldosol solar projects.

As 2019 enters its final quarter, the solar industry continues to face headwinds, even as the markets for solar deployment in Europe, the United States, and Australia remain strong. Paula Mints of SPV Market Research takes us through what to expect up until 2021.

The government of Spain’s Castilla-La Mancha region has boasted about the territory’s solar credentials at the launch of an auction-backed utility-scale complex.

Solar project milestones helped Neoen achieve a marked profit boost in the first half of 2019, culminating in the addition of more than 1GW to its clean energy portfolio.

The world is witnessing an “organic nuclear phaseout” partly precipitated by a drop in solar and wind costs, according to a new report that posits that nuclear power is too slow to build and too expensive to run to effectively fight climate change.

Macquarie Group intends to build a 20GW renewables pipeline over the next five years through its Green Investment Group (GIG), the green finance bank it purchased from the British government in 2017.