Fund-to-boost-solar-power-chronicle

Fund to boost African Off-grid Solar Power Companies

Triple Jump, an Amsterdam based impact-focused investment manager, will act as portfolio manager and Persistent, a Zurich based venture and private equity firm with expertise in the off-grid sector, will serve as investment advisor to the fund. Enclude, a Palladium company, advised on the structuring and execution of the fund. The fund is designed to…

BRAZIL, Coema to analyse project of nine solar power plants for the Jaguaribe Valley

The State Environment Council (Coema) will analyze, on Thursday (12), the installation project of the Alex Photovoltaic Solar Complex, of interest to the company Alex X Energia SPE Ltda. According to the project, the project will be composed of nine plants, which have a nominal power of 278 megawatts of electricity. According to the project,…

Latin America and the Caribbean Announce Ambitious New Renewables Target for 2030

Latin America and the Caribbean holds tremendous renewable energy promise. IRENA’s recent ‘Future of Solar Photovoltaic’ report highlighted that the region’s solar energy capacity alone could grow by a factor of 40 by 2050 to more than 280 gigawatts (GW) thanks to an abundant resource endowment and strong enabling policies. Today, during UN Climate Conference…

American Solar Workers on road, Call on Administration to StopSolarTariffs

Dozens of solar energy supporters from across the country gathered at the headquarters of the U.S. International Trade Commission (USITC) to rally for an end to solar tariffs. Clad in yellow scarves and holding sun balloons, solar workers called on the USITC to grant relief from the harmful solar tariffs. ABOUT USITC The U.S. International…

Increase-Solar-Energy-Generation-solar-chronicle

Measures to Increase Solar Energy Generation by Indian Government

The Government have taken, inter alia, following steps to increase solar energy generation in the country: In last three years, Ministry has not sanctioned any Model Solar City. (i) Announcement of a target of installing 100 GW of solar energy capacity by December, 2022. (ii) Waiver of Inter State Transmission System (ISTS) charges and losses…

Brazil President Bolsonaro use their veto power for tax exemption on Solar Import

President of Brazil Bolsonaro use their veto power for tax exemption for solar equipment imports in Brazil According to report Brazilian president Jair Bolsonaro has vetoed a bill that allows tax exemptions for solar equipment imports, the House of Representatives announced on Thursday. The exemption would apply only if there are no similar models produced in the…

European utility key Enel plans 14GW of new renewable generation by 2022

European utility giant Enel has committed half of its total investment over the next few years to decarbonization, part of a new strategic plan revealed on Tuesday. Between 2020 and 2022, the Italian group will invest €11.5 billion ($12.6 billion) in additional renewable capacity, which it expects to equate to another 14.1 gigawatts of assets…