Union Budget revealed in recent days earmarks US$3 billion for the power and renewables sector and outlines plan to give tax breaks to foreign sovereign wealth funds and domestic IPPs.
Renewable energy body MASEN launches tender to pick firms to deploy portfolio at nine preliminary locations country-wide, with the government set to pre-equip sites.
According to reports, the CPIA (China Photovoltaic Industry Association) is expected to seek Chinese government support for the sector as the coronavirus continues to spread.
CEO of Portugal’s renewable energy association APREN on whether Iberian nation can reach 8.1-9.9GW of PV by 2030 and why subsidy-free will require playing ‘different game’
Mining giant Fortescue will mix solar (150MW), gas (150MW) with “large-scale” storage battery at hub in Western Australia, adding to 60MW first solar stage announced last year.
The momentum behind subsidy-free, utility-scale solar developments in the UK has continued to gather, with new names and familiar faces alike demonstrating their commitment to the market.
EU production line of 5 to 10GW a year is possible and would help deliver the required 117GW-to-630GW capacity push, experts say as separate study touts PV’s job benefits for coal regions.
