The board of the Green Climate Fund (GCF) has approved a loan of US$130 million for projects awarded in Argentina’s RenovAr renewable energy programme.
Norwegian solar developer Scatec solar has secured investment for its 100MW Nova Scotia solar PV plant in Dutse, in the Northern Nigerian state of Jigawa.
Tariffs for utility-scale solar power in India are expected to go below the four rupee (US$0.059) mark next year, which would be a “radical moment” for India’s entire power sector, according to consultancy firm Bridge to India.
Renewable energy company Welink has announced a joint venture with Your Housing Group – claimed to be valued at £2.5 billion – which could see the development of 25,000 solar-powered homes using BIPV in the UK each year by 2022.
The top 10 states in India have accounted for 90% of the country's solar pipeline and installations, according to a report from Mercom Capital Group. India has installed over 9GW of large-scale solar capacity and boasts a PV pipeline of 14GW as of December 2016, the consultancy said.
The last minute decision to drop Brazil’s only solar and wind auction for 2016 has been “received with perplexity” by the Brazilian PV sector, according to the head of the country’s solar association.
Driven by steep cost declines in PV equipment, solar is now almost on a par with wind energy and will soon become the cheapest form of energy in developing nations, according to the Climatescope 2016 report from Bloomberg New Energy Finance (BNEF).
The levelised cost of rooftop and large-scale solar PV continued to rapidly decline in 2016, financial advisory and asset management firm Lazard has said.
To help reach its ambitious 100% by 2045 renewables target, the Hawaiian Electric Companies (HECO) has issued a request for information (RFI) about land that could be available for future clean energy projects.
