Whilst African solar is still firmly an emerging market, investors have confirmed that issues remain with development finance, insofar as it is holding back the market from truly taking off. Whilst development finance institutions (DFIs) are a crucial part of allowing the market to find its feet, the continent’s economic infrastructure needs to move beyond the realm of development finance for commercial financiers to be enticed.
Breaking up Eskom’s monopoly in South Africa’s power market is not the answer to signing the outstanding PPAs under the country’s renewable energy procurement programme, a representative from the Department of Energy (DOE) has said.
India’s energy and mines minister Piyush Goyal has challenged Germany and the city of Munich to a race with the ancient holy city of Varanasi to become the first large city in the world to be 100% powered by clean energy.
This week's Movers & Shakers covers both expansions into new territories and new business ventures. A long-term member of the Nevada Public Utilities Commission resigns, while the SEIA gains two new board members. Also, GRID Alternatives and Washington DC launch a new solar training programme for low-income residents.
The latest draft of the Trump administration’s 2018 federal budget calls for cuts to clean energy and environmental-related departments, while providing a boost to nuclear power.
Reports surfaced on Monday of former managers at one of the largest US solar companies Sunrun claiming that they manipulated key sales data around the time of the company’s 2015 initial public offering (IPO).
GRID Alternatives Mid-Atlantic, a subsidiary of the US’ largest non-profit solar installer, is launching its national Women in Solar programme – an effort to increase gender diversity in the solar supply chain – with the help of the Solar Energy Industries Association (SEIA).
