Zambia set a new benchmark for low-cost solar power in Africa on Monday with a competitive auction under the ‘Scaling Solar’ programme, which saw winning bids as low as 6.02 cents/kWh.
UK-based solar investment fund NextEnergy Capital (NEC) is to invest more than €150 million (US$210 million) in the Italian solar market after receiving backing from the UK subsidiary of insurance and investment giant Prudential.
The US and India partnered on new renewable energy initiatives totalling a US$1 billion during prime minister Modi’s visit to the White House on Tuesday.
The UK solar market must “unlock” deployment on commercial buildings if the technology is to continue its cost-reduction path to a subsidy-free future, Britain's Renewable Energy Association (REA) has claimed.
Solar power firms and some wind developers are experiencing curtailment of their energy production in the north central regions of Chile, but this will have been accounted for in their business plans, according to a major industry representative.