GlobalData
Renewable Energy
Ireland likely to miss 2020 renewable energy target
Following the pre-qualification process for Ireland's first renewable energy auction at the end of April, the expected 1TWh of clean energy capacity won't be enough to reach the country's 2020 30% target, missing it by a mere 3% according to global research and analytics firm GlobalData.
Renewable Energy
MENA commits to renewable energy despite new challenges
While the supply chain for projects has been disrupted, and the commercial model for privately financed power plants has been upset, the region remains committed to diversifying its energy sources and lowering its costs through renewables, says data and analytics company GlobalData.
Renewable Energy
A weak economy and COVID-19 affects Brazillian solar PV sector
Increasing import costs, fall in energy usage and indefinitely postponed auctions are likely to impact the momentum of the Brazillian solar PV sector.
New technology
German startup reuses end-of-life solar PV modules as hand sanitisers
SunCrafter is building a roadmap to manufacturing a significant number of its creative solution, which develops hand sanitisers by using end-of-life PV modules.
Renewable Energy
COVID-19 reduces merger and acquisition deals in renewables sector
Due to COVID-19, the number of merger and acquisition deals completed within the renewable sector in Q1 2020 dropped by nearly 25% from Q4 2019.
Renewable Energy
Coronavirus impacts: PPAs, AMI benefits and solar PV penetration
This article looks at the impact of Coronavirus on consumers with smart meters in the UK, PPAs worldwide and on shipments of solar PV modules in the US.
Renewable Energy
Australia can be 75% renewables-powered by 2030 says GlobalData
Australia, like many other countries in the world, is experiencing a drop in electricity demand that has provided an opportunity for the renewable sector to take centre stage in the continent says the data and analytics firm.
Finance & Investment
Bangladesh launches $218.7 million Green Transformation Fund
Bangladesh has introduced a $218.7 million Green Transformation Fund to provide soft loans to solar developers, other environment-friendly products.
Renewable Energy
COVID-19: Switzerland avoids a slump in the solar market
The Swiss government has increased its financial support towards rooftop solar markets to help the sectors to withstand the COVID-19 crisis.
Components
Diversification of power equipment suppliers from China intensifies
The diversification of suppliers from China has intensified as dependence on the Chinese manufacturers has increased the vulnerability of global companies.
