United Kingdom

Singapore fund and British developer eye stake in UK government’s south Asian renewables company

U.K. developer Lightsource BP – in which oil and gas giant BP has a significant minority stake – and its Singapore fund partner EverSource Capital are reportedly ready to take up all the $100 million slice of Ayana Renewable Power which is being put up for sale.

The long read: PV’s Polish cold turkey

Considering the remarkable advances made by the solar sector since the Rio ‘Earth Summit’ of 1992, PV was notable by its absence at the Convention of Parties climate change summit held by the UN in Poland.

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India leads region as volume of corporate clean energy smashes record

The nation saw 1.3 GW of renewable energy secured for business through private PPAs in 2018, almost twice as much as the volume recorded in Australia, but the picture could change next year if China follows through with its renewable portfolio standard commitment.

This year could see a reckoning for ultra-mega PV projects

The fate of the clutch of 500 MW-plus projects due to break ground this year could determine whether such ambitious schemes have a viable future, says Wood Mackenzie in its solar 2019 forecast. And the Indian market should brace for consolidation, add the analysts, because of aggressive reverse-auction tariff pricing.

Fixing perovskite solar cell defects with potassium

Scientists led by Cambridge University have discovered that adding a simple solution of potassium to the ink solution has the effect of ‘healing’ defects in metal-halide perovskite films, and immobilizing ion movement. This, according to the researchers, could push the material to higher efficiencies, while also increasing its stability.

‘Groundbreaking’ $40 million green bond issued by Singapore’s Sindicatum for Indian PV projects

Global law firm, Norton Rose Fulbright has advised GuarantCo, the international development finance institution, on a landmark INR 2.5 billion ($40 million) dual-tranche unsecured wrapped and rated bond, issued by Sindicatum Renewable Energy Company Pvt Ltd. Such green bonds are beneficial to the country, since they offer low interest rates and long-term repayment schemes, says Dharmendra kumar, an analyst from IHS Markit.

Researchers demonstrate feasibility of bio-photovoltaic cells to generate electricity

Using water as the source of electrons, microbial bio-photovoltaic (BPV) cells have the capacity to exploit the ability of cyanobacteria and microalgae to convert light energy into electrical current.

EESL India owned EPAL partnered with Leclanché to invest $12 million into first utility-scale storage project in Canada

The project will improve stability on Canada’s largest transmission grid by managing unbalanced supply-demand situations. Similarly, Indian PSUs owned EESL, through EPAL, will also be a part of $175 million investment in clean energy initiatives in the UK’s public and private sectors.

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