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Brazil’s solar price record seen as global renewable milestone

Enerlife and CEI Renováveis become winners of a tender renewable proponents say has dispelled notions that clean energy is costlier than fossil fuels.

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Brazil auction sets record low solar price of US$17.5/MWh

The results of the Brazilian A-4 auction yielded a record low solar price of US$17.5/MWh.

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World Bank: Cost declines in solar-plus-storage could see 490 million relying on microgrids by 2030

Plummeting solar-plus-storage costs could help electrify millions worldwide by facilitating a ten-fold explosion of mini-grid systems, a new report from the World Bank has said.

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Utility-scale PV to power green city complex in Kenya

US player MCX to invest US$100 million to deploy 30-50MW installation at Mwale Medical and Technology City, with plans to break ground in November.

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European PV sliding towards cannibalisation as roll-out doubles

Wood Mackenzie: Continent will grow to install annual 20GW within three years but shift to auctions and merchant exposure will see profitability come under pressure.

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World Bank: Solar-plus-storage to fuel global mini-grid surge

PV hybrid costs of US$0.20/kWh by 2030 would help install enough mini-grids to power half a billion people and close energy access gaps, says new report.

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UKPN Services tasked with renewable-led microgrid development for London City Airport

UK Power Networks Services (UKPNS) is to install a raft of renewable and sustainable energy technologies at London City Airport’s microgrid in a bid to boost its environmental credentials.

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Hundreds of millions to be channelled into emerging solar markets

UN-, Netherlands-backed fund will invest US$850m in 1.7GW clean energy pipeline in African, Asian states, with solar meant to account for 40% of portfolio.

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Voltalia seeks €376m to reach 2.6GW-by-2023 goal

Parent Creadev, existing backer Proparco and the EBRD to fund €283m of total capital increase, launched by firm to push PV, wind portfolio from current 1GW.

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ASIA ROUND-UP: Sunseap finance, Uzbekistan joins IFC scheme, Hanwha invests in Malaysia

Uzbekistan joins the Scaling Solar programme, FTC Solar extends its order book in Vietnam plus finance news from Singapore and Vietnam.

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Ameresco completes 8MWh battery storage system at US Marine Corps Recruit Depot

Ameresco has completed the construction of a comprehensive energy resiliency and energy infrastructure project at the United States Marine Corps Recruit Depot (MCRD) Parris Island, South Carolina.

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