Africa remains one of the most difficult markets to penetrate, riddled by bankability issues and a distinct lack of the right kind of strategic partnerships. To expedite and support solar investment on the continent, SolarPower Europe and the Africa-EU Renewable Energy Cooperation Programme (RECP) have teamed up to facilitate business cooperation between African and European stakeholders.
The solar yieldco business model was “flawed from the beginning”, says a US bank executive, who downplays sentiment that it was the SunEdison yieldco disaster that tarnished the model for good.
On Monday, a ruling by Nevada Public Utilities Commission (PUC) chairman and presiding officer Paul A Thomsen barred SolarCity from intervening in upcoming proceedings concerning the grandfathering of more than 20,000 rooftop solar customers.
Brazil’s Ministry of Mines and Energy (MME) has released new guidelines for transmission, which will come into play in time for the wind and solar projects to be tendered in the second reserve energy auction this December.
Despite most international and domestic module suppliers increasing their sales volumes in India over the last year, Chinese firms have significantly increased their share of the market from 50% to 75%, according to the latest update from consultancy firm Bridge to India.
Battery storage has dominated the outcome of the National Grid’s 200MW Enhanced Frequency Response (EFR) tender, with the technology to be used for balancing services at grid scale for the first time in the UK.
Brazil’s Ministry of Mines and Energy (MME) is proposing to allow solar developers that won projects in the 2014 auction to cancel them with a reduced penalty fee.
