Mixed reaction greets move by Boris Johnson's government to sidestep renewables even as it pledges investment in EV infrastructure, carbon capture and storage and nuclear fusion.
German giant to invest €5bn to deploy major new fleet of PV and wind by 2022, following its success in 2019 doubling net income to €1.2bn and adding E.ON’s renewable assets.
German capital's newly-approved blueprint says 25% of power demand could be covered by rooftop solar and calls for improvements on federal legislation for urban solar.
Oversubscription by a factor of six greets issuance of bond listed on Stockholm’s Nasdaq, paving the way for further investments in green energy, energy efficiency and two other areas.
The ‘Retrofit AR’ coating, an offspring of DSM’s industry-leading anti-reflective (AR) coatings, gives older, uncoated solar modules an instant energy boost of up to 3%, according to lab and field tests. For power plants built before 2012, it is an especially attractive way to increase yield while keeping feed-in tariffs high and boosting internal rate of return (IRR), compared to panel replacement programs.
Group acquires PV projects rights from RIC Energy, who will stay behind to provide development assistance in a bid to ensure pipeline is ready to build by Q1 2022.
Chinese group renews agreement with German wholesaler to supply gigawatts’ worth of string inverters over the next two years, following distribution of 1.6GWac last year.
Market research firm IHS Markit believes the PV inverter replacement market will increase by around 40% in 2020, creating an 8.7GW need outside new global installations.
European Climate Law draft criticised over move to make 2050 climate neutrality goal binding but leave 2030 goal undecided until September, with PV industry group urging EU to solve grid and planning bottlenecks.
Spring 2020 budget boosted from €2bn to €4bn in the wake of court ruling ordering stronger climate response from country, which risks missing its 2020 RES target.
