Equinor commits $77m to Argentine solar project
Energy giant Equinor said today that it had bought 50% of a planned Argentine solar farm capable of powering 80,000 homes.
solar
Lightsource BP fires up first Indian utility-scale solar project
A UK solar power company backed by BP said today that it had commissioned its first utility project in India.
Texas solar power industry grows but remains tiny
Texas has nearly 9.3 million households, according to the Census Bureau, but only a small fraction of them are powered by solar energy.
Renewables firm gets go-ahead for solar farm
Renewables firm Elgin Energy has been granted Scottish Government consent for a 50-megawatt solar farm at Milltown Airfield near the Moray town.
Councils looking at subsidy-free solar farms, report reveals
Councils are developing “subsidy-free” solar farms and schemes putting panels on homes and businesses to generate funds and cut bills, a report said.
Firms agree terms to manage 50MW of community solar
Solar developer BSR has announced that it has agreed terms with Mongoose Energy to manage a 50MW portfolio over 14 UK solar parks, a number of which are in Scotland.
Massive solar farm plan to harvest north-east sun
Plans have been unveiled for a massive new solar panel development in Aberdeen.
Even as Trump’s tariffs crimp growth, solar jobs are rising
After all the dire warnings that Donald Trump’s solar tariffs would be a job killer, it’s possible that employment may tick up this year.
China’s GCL, SoftBank plan $930m India solar venture
A Chinese energy conglomerate and SoftBank Group Corp. signed a $930 million agreement to produce and sell solar equipment in India, a country that is trying to bolster local manufacturing and curb reliance on clean energy imports.
Saudi Arabia, SoftBank ink deal on $200bn solar project
Saudi Arabia has signed a memorandum of understanding with SoftBank Group Corp. for a $200 billion solar power project in the kingdom, calling it the single largest of its kind in the world.
No more room for the little guys in Latin American clean energy
Latin America’s booming clean energy market is attracting the world’s energy giants, which are driving down prices and squeezing out the little guys.
Desert sun to power Egypt with $2.8bn solar park
Egypt on Tuesday inaugurated the first solar power plant at a remote desert complex where the government plans to generate as much as 1.8 gigawatts from the sun, cutting the most populous Arab nation’s reliance on dirty and expensive fossil fuels.
Solar coalition set to unveil $700m of projects
A global coalition aimed at supporting the use of solar power is expected to announce a slew of projects worth about $700 million during its inaugural conference this weekend in New Delhi, according to government officials familiar with the matter.
India’s solar secret weapon: rooftops of small business
Rakshith Kunder is adding more solar panels to the roofs of his warehouses. He isn’t seeking to save the planet, it’s pure economics.
Vattenfall to invest almost £90million in big solar projects
Swedish renewable giant Vattenfall has announced its intention to invest nearly £90million in solar PV projects 0ver the next two years.
Solar Wars Part IV: The Eiser Award was not a Rogue One
In our Solar Wars articles published on 9, 10 and 26 January 2018, we considered the 2016 and 2017 arbitral awards in respect of investors' claims under the Energy Charter Treaty (ECT) arising out of the curtailment of renewable incentive schemes across Europe; as well as the European Commission's (EC) comments on those claims. Like some sort of sci-fi epic producing numerous sequels, another chapter in this story was written last week with reports emerging of an award against Spain in the case of Novenergia v Spain (SCC Case No. V2015/063); and reports that Spain is seeking to remove an arbitrator sitting on some of the remaining claims which it faces.
Shell shielded from Forties fallout by ‘internationalisation’, North Sea sales
Shell is performing “extremely well” at a time when Brent crude is at its highest price for three years, the oil giant’s upcoming fourth quarter results will show.
Solar Wars Part III: Return of the European Commission
In our Solar Wars articles published on 9 and 10 January 2018, we examined the arbitral awards made in late 2016 and 2017 in respect of investors' claims under the Energy Charter Treaty (ECT) in connection with the curtailment of renewable incentive schemes across Europe.
Perry announces $3 million prize to boost solar manufacturing
Energy Secretary Rick Perry is putting taxpayer money where President Trump's mouth is.
BP ‘scanning’ for renewables deals to plan for a life beyond oil
BP Plc, the oil major that sold a third of its assets after a disastrous rig accident in 2010, said it won’t be left behind as the industry boosts investment in new energy.
BP mulls bid for $1.8bn Italian solar company
BP is considering a bid for one of Italy’s largest collection of solar assets, according to people familiar with the matter.
China’s solar surge boosts green energy funding
China’s insatiable appetite for solar power led to a surprise increase in global clean-energy investment last year even as U.S. President Donald Trump pushed to undermine pollution rules and curbs on coal.
Solar wars Part II: The states strike back
In part one of this article we explained how one of this year's arbitration awards might have given investors a new hope. In this article (part two) we analyse the recent string of Energy Charter Treaty claims arising out of the curtailment of renewable incentive schemes across Europe. We consider how two arbitration awards published later in 2017 might have swung the pendulum back in favour of the states.
Solar’s tumble starts claiming victims as Trina rethinks India
Solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to reconsider the economics of projects already under way.
Northern Powergrid to allow customers to make money from solar, EVs and batteries
North England electricity distribution company, Northern Powergrid, will develop a new energy market to allow customers to financially benefit from low-carbon energy technologies.