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  • Abu Dhabi fund and Irena award Africa community PV finance

    The Abu Dhabi Fund for Development (ADFD) and the renewable energy body International Renewable Energy Agency (Irena) have earmarked $25m in concessional loans for PV developments in Mauritius and Rwanda. The finance, underwritten by the $350m Irena/ADFD Project Facility set up in 2013 to help developing countries access low-cost capital for renewable energy production, will cover 50% of the cost

    Solar  rechargenews.com 15 Jan 07:29 GMT Darius Snieckus in Abu Dhabi

    Wind and PV power to fall to $0.03/kWh by 2020: Irena

    Wind and PV projects could be flowing electricity at $0.03/kWh or less inside the next two years as cost trajectories continue their precipitous decline, according to a new report from the International Renewable Energy Agency (Irena). Global weighted average costs over the last 12 months for onshore wind and PV now stand at $0.06/kWh and $0.10 cents/kWh respectively, by Irena’s calculations, wit

    Transition  rechargenews.com 15 Jan 07:18 GMT Darius Snieckus in Abu Dhabi

    ANALYSIS: Wind is a new game in Brazil

    ANALYSIS | The 1.4GW of wind contracted in Brazil rewards the country's supply chain for playing the long game, but falling prices mean it's by no means business as usual, writes Alexandre Spatuzza

    Wind  rechargenews.com 13 Jan 23:00 GMT Alexandre Spatuzza in Sao Paulo

    Wind energy thrives under Trump as coal usage declines

    Wind energy has thrived since President Donald Trump took office almost a year ago while coal, a sector he promised to revive, continues to languish, latest Federal Energy Regulatory Commission (FERC) data shows. In 2017, wind project developers through November installed 5.92GW of utility-scale generation capacity, up from 3.69GW in the initial 11 months of 2016. New solar capacity during that

    Wind  rechargenews.com 13 Jan 23:00 GMT Richard A Kessler in Fort Worth

    Siemens Gamesa wins 262MW deal in Egypt

    Siemens Gamesa has won a 262MW wind turbine deal in Egypt – its largest in the country to date – to equip the Gulf of Suez project being developed by a French-Japanese-Egyptian consortium. The Spain-based OEM will deliver 125 of its G97-2.1 MW machines to the wind farm in Ras Ghareb. The company also secured a 15-year service agreement. The wind project is being developed by a consortium of Fren

    Wind  rechargenews.com 13 Jan 23:00 GMT Andrew Lee

    Bad policy could make 2018 the last happy new year for German wind

    OPINION | The German wind industry is delivering impressive growth, but poor policy decisions could make 2018 the last feel-good year for a while, warns Senvion CEO Jürgen Geissinger

    Circuit  rechargenews.com 13 Jan 23:00 GMT Jürgen Geissinger

    Turkey awards over 2GW in latest wind tender

    Turkey awarded over 2GW of wind capacity as it wrapped up its first round of tenders under a major renewables expansion programme. The country held a four-day wind tender that closed at the end of December, resulting in a total 2,130MW of turbine capacity for plants to be built at 32 different locations across Turkey. The latest projects add to the 710MW previously auctioned in June for 11 locat

    Wind  rechargenews.com 13 Jan 23:00 GMT Anamaria Deduleasa

    Caution warranted despite perks for renewables in German coalition paper

    ANALYSIS | German coalition discussions over onshore wind tenders and an expanded role for offshore are welcome, but there are many twists and turns ahead, writes Bernd Radowitz

    Wind  rechargenews.com 12 Jan 15:07 GMT Bernd Radowitz in Berlin

    German coalition paper mulls 8GW extra onshore and PV auctions

    In a paper marking the end of preliminary coalition talks, negotiators from Chancellor Angela Merkel’s conservative CDU/CSU and the Social Democrats (SPD) say they plan 4GW each in additional tenders in onshore wind and PV this year and next, as well as an extra “contribution” by offshore wind. The additional tendering rounds are aiming at reducing German CO2 emissions by another eight to ten mil

    Wind  rechargenews.com 12 Jan 12:08 GMT Bernd Radowitz in Berlin

    New IWTMA chair Tanti expects India to beat 60GW target

    Suzlon chairman Tulsi Tanti has been named as the new chairman of the Indian Wind Turbine Manufacturers Association (IWTMA) – and said he expects India to beat its 60GW wind power target before 2022. Suzlon founder Tanti – regarded as the pioneer of the wind sector in India – said: “With cumulative wind installations of over 32GW, the industry is ahead of the 30GW target set by government until [

    Wind  rechargenews.com 12 Jan 09:54 GMT Andrew Lee