A series of issues that initially centered on the US Section 201 case, the US v China trade, China’s 531 New Deal and India’s trade tariffs, combined to slice around US$3 billion from the total global corporate funding into the solar sector in 2018, according to Mercom Capital Group.
Solar PV is “charging ahead” across the world as it outpaces other renewables, but far more significant action is required if a climate crisis is to be averted, the International Energy Agency (IEA) has warned.
Well over 1GW of Irish solar projects have been successfully moved into the ‘first batch’ of projects to be processed under a new connections procedure, brought in to tackle the surging levels of smaller projects aiming to connect.
Up to 500MW of solar is likely to be able to compete in Ireland’s first auction to bring forward new renewable electricity projects when it takes place in 2019, according to Solar Media market research analyst Lauren Cook.
Lightsource BP, one of Europe’s largest solar companies, has acquired Irish Internet of Things (IoT) specialist Ubiworx, in a bid strengthen its digital capabilities.
German energy giants E.On and RWE have reached an agreement on a major exchange of business activities, promising a significant shake-up of the duo’s energy interests.