The World Bank's groundbreaking US$1 billion loan for Indian solar will partly focus on improving transmission for solar parks and innovation in wind and energy storage hybrids, according to a senior government official.
The latest report from the Climate Bonds Initiative (CBI), an investor-focused non-profit organisation, found that of the US$694 billion of climate bonds outstanding in 2016, energy accounted for 19% at US$130 billion, exemplifying a push in investment for renewable energy projects.
Ontario’s Independent Electricity System Operator (IESO) announced on Wednesday that it will offer 936 long-term contracts for 241.430MW of small-scale renewable generation in the latest procurement under the feed-in tariff (FiT) programme, FIT 4.
The World Bank Group today signed an agreement with the International Solar Alliance (ISA), which was formed at the COP21 Paris summit last year, and is comprised of 121 countries led by India, to partner on scaling up solar energy use globally, with the goal of mobilising US$1 trillion in investments by 2030.
The second Solar and Off-Grid Renewables West Africa event in Ghana in April heard mixed views on the progress of solar in the region. But with the first projects reaching completion and others moving forward, brighter times seem to be around the corner. Tom Kenning reports
German PV company IBC Solar has partnered with DHYBRID Power Systems to capitalise on their respective competencies in order to emerge as a market-leading provider of diesel-PV hybrid systems.
The US is leading the charge for solar in North America, but its next-door neighbours, Canada and Mexico, are also pressing ahead with plans to boost deployment. Danielle Ola reports on the policy developments expected to underpin the growth of solar in the two countries.
California utility Pacific Gas & Electric Company (PG&E) plans to increase investment in renewables, storage and energy efficiency beyond its current state mandates while simultaneously phasing out its nuclear power activity in California by 2025.
San Diego Gas & Electric (SDG&E) will likely surpass its cap on the number of rooftop solar systems that can sell electricity back to the utility under the net metering scheme – and will be the first utility in the state to do so.
