Tech giant Apple has said that solar and energy storage projects will be among the priorities for expenditure under its inaugural green bond, which the company issued earlier in the week to the tune of US$1.5 billion.
Renewable energy was the basis of half of all global power transactions last year with 245 deals adding up to US$68 billion and a particular focus on wind and solar, according to a new report from EY.
French PV company EREN Renewable Energy and developer Access Infra Africa, a subsidiary of Access Power, have begun construction of a 10MW solar PV plant in Uganda, which will be the largest project in the Eastern region of Sub-Saharan Africa once complete.
The deregulated electricity market which Japan launches in April could be a long-term way for PV’s contribution to the country’s energy mix to exceed the industry and government target of 7% by 2030.
Chile’s cumulative installed solar capacity has surpassed 1GW, according to the latest figures from Chilean renewable energy research institute (CIFES).
Brazil’s energy regulator ANEEL has approved a further nine projects from its 1.5GW Reserve Energy Auction held last November, bringing the total of qualified renewable energy projects to 52 out of the 53 awarded.
The Philippines installed a total of 122MW of grid-connected solar PV in 2015, taking its tally to 144MW, up from 22MW the previous year, according to the latest figures from the Philippines Department of Energy (DOE).
Turner Renewable Energy, owned by media moghul Ted Turner, will be one of the new owners of a 20MW thin-film PV plant in the US constructed by Solar Frontier Americas.
Holland’s national grid operator has said that batteries will be an “excellent alternative” to conventional power plants in providing balancing services, especially as a complement to increased solar and wind deployment.
