Second round of the Melbourne Renewable Energy Project (MREP) launches after round one spurred the development of an 80MW wind farm in Western Australia.
Two prominent Australian billionaires have thrown their financial clout behind an ambitious 10GW/20-30GWh solar-plus-storage project destined to supply power to Singapore via a submarine cable.
Trade body Holland Solar lauds government’s move to use unspent 2019 money to award extra €1.5-2 billion in 2020, with subsidies targeted at this year’s failed applicants.
European Investment Bank approves support to 218MW PV portfolio in Spain after drawing global headlines with vote to end funding to unabated coal, gas and others by 2021.
The energy rulemaking body has soundly rejected loud calls from developers and investors to reform the controversial marginal loss factor regime, its system of calculating energy transmission and network losses.
Report calls for decisive scale-up of investment to help solar supply a quarter of global energy by mid-century, slashing worldwide CO2 emissions by 4.9 gigatonnes in the process.
The French developer's solar business has grown 69% in the first nine months of 2019, generating nearly €90 million of revenue, while wind revenue has fallen.
