The UK's Department for Business, Energy and Industrial Strategy has unveiled a new ‘Smart Export Guarantee’ with existing tariffs closing in under three months.
Australia-headquartered Greatcell Solar, formerly Dyesol Solar, has appointed administrators after failing to secure further financing to develop its perovskite materials and solar cells to a commercial level.
The UK government is to provide £100 million of funding to the Renewable Energy Performance Platform (REPP) to support up to 40 new renewable energy projects in sub-Saharan Africa including small-scale solar, wind, geothermal and biomass sources up to 2023, along with £105 million for certified green buildings in emerging markets.
HSBC UK Pensions Scheme is to invest £250 million (US$329.9 million) in UK solar and wind farms under a new agreement with renewables investor Greencoat Capital.