Big Moves
Masdar develops 1.5 GW wind farm in Uzbekistan
Masdar signed an agreement with the Government of the Republic of Uzbekistan for extending the capacity of its utility-scale wind farm project to 1.5 GW from the earlier capacity of 500 MW. The project is located in Zarafshan district in the Navoi region of Uzbekistan.
News
US-based Swift Current Energy to sell majority ownership to Buckeye Partners and Nala Renewables
Buckeye Partners and Nala Renewables will together acquire majority ownership of Swift Current Energy, a North American clean energy development and investment platform. As part of this transaction, Swift Current Energy’s management team will retain a minority ownership in the company through their holding company, Lookout Ridge Energy Partners. The same team will also remain in place as the company’s management.
Interviews
California represents almost half of the EV sales in the US: CPUC’s Clifford Rechtschaffen
Electrification of transport has gained significant momentum in the United States, especially in the state of California. The state, reputed for its commitment to clean and renewable energy has taken several initiatives over the past decade to move towards carbon neutrality. Clifford Rechtschaffen, Commissioner, California Public Utilities Commission talks about the key initiatives undertaken by California in this space and the way forward.
Opinion & Perspective
Internal and external transmission developments key to German energy transition
The German power grid network will continue to offer significant investment opportunities as vast amounts of new intermittent renewables capacity comes online. Over the coming decade, Fitch Solutions forecasts Germany’s non-hydropower renewables sector to undergo significant growth, with capacity additions of just under 76GW between 2021 and 2030 and total renewables capacity set to rise to 212GW by the end of the decade.
Mega Trends & Analysis
Ambitious proposal to transport solar power from Australia to Singapore
A very ambitious AUD 22 billion project to transport solar power from Australia to Singapore and further into Indonesia has also seen a lot of progress. Called the Australia-ASEAN Power Link (AAPL), this project proposes to combine the world’s largest solar farm and the largest battery storage system to produce solar energy primarily to be transported to Singapore through HVDC subsea electricity cable.
Policy Watch
PV module recycling policies in the United States
With the rapidly increasing solar PV capacity in the U.S. the volume of modules is also expanding significantly and so is the problem of their safe disposal. There has been a growing awareness regarding the recycling of PV modules either to extract their precious metals or to manufacture new modules once the old ones reach their end of life. These concerns have enabled government- and industry-led discussions, policies, and initiatives on recycling-based resource recovery of PV modules in the U.S.
Tech Talk
Eco-design and energy labelling for solar PV in the EU
The European Commission’s policy scenario evaluation concluded that the best way to further regulate PV panels was via a combination of mandatory and voluntary policy instruments. This scenario evaluation considered mandatory instruments such as eco-design measures for photovoltaic panels and inverters, augmented by the use of the Energy Label for residential PV systems, and voluntary instruments such as Green Public Procurement Criteria.
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Webinars & Videos
IRENA Hydrogen series – Part 1: Green hydrogen: A guide to policy making
The webinar presented key takeaways from the recent IRENA report Green Hydrogen: A Guide to Policy Makers and highlighted the policy pillars to transition green hydrogen from niche to mainstream. These include building national hydrogen strategies, identifying policy priorities, guarantees of origin and enabling policies.
Knowledge Centre
Smart renewable energy cities across the world
As urbanization and use of renewables continue to rise, the smart renewable city (SRC) concept is increasingly taking hold. In its seminal report Renewables power smart cities, Deloitte developed an SRC framework to identify and classify cities globally that are deploying solar and/or wind power in connection with their smart city plans.
Finance
Japan green bond market grows by a third in 2020
The Japanese green bond market continues to see strong momentum, growing by a third in 2020. Political developments will give further impetus. Japan’s commitment to net-zero emissions by 2050 represents a key milestone for the country, which is stepping up efforts on multiple fronts
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