Spanish renewables giant Abengoa, which entered insolvency proceedings last November, has sold its 20% share in the 100MW Shams-1 concentrated solar power (CSP) plant in the United Arab Emirates to Abu Dhabi-based renewable energy company Masdar.
SolarEdge has again reported record quarterly revenues, bringing in US$125 million in the fiscal second quarter and guiding third quarter revenues to a similar level.
The Terrawatt Initiative is partnering with an Indian business association as part of its efforts to create to create a global common market for solar power.
The power output from solar PV systems in France grew by 25% last year to 7.4TWh, up from 5.9TWh, according to the latest figures from the French electricity transmission system operator RTE.
The December climate deal in Paris is set to trigger a surge in the global green bond market, with issuances expected to surpass US$50 billion this year, rating agency Moody’s has said.
French firm Engie, formerly GDF Suez, the largest independent power producer in the world, will announce a strategy for its transition away from fossil fuels in the coming weeks.
The clean energy industry has received a stark warning that it needs to commit more resources to lobbying to counter the efforts of a failing fossil fuel industry.
A global coalition aimed at driving investment in clean energy R&D looks set to be finalised by the middle of this year, the UK’s special envoy on climate change has said.
