In August 2022, the United States (U.S.) Congress passed the Inflation Reduction Act of 2022 (the “IRA”), landmark legislation that modified and extended the longstanding 30% investment tax credit (ITC) for solar photovoltaic...more
On November 16, 2023, the U.S. Department of Energy (“DOE”) issued a Notice of Proposed Rulemaking (“NOPR”) to update its National Environmental Policy Act (“NEPA”) implementing regulations to add a categorical exclusion for...more
The Virginia General Assembly passed several important pieces of legislation affecting the solar and energy storage industry during its 2022 legislative session... join us on Thursday, March 31, from 11:00 – 11:30 am (ET) for...more
Dieser Beitrag befasst sich mit den Besonderheiten, auf die ein Eigentümer einer gewerblich genutzten Immobilie bei dem Betrieb einer Photovoltaikanlage achten muss, damit das Investment nicht nur ökologisch, sondern auch...more
The first wind and solar farms in the United States were built in 1980 and 1982, respectively. The United States built the world’s very first wind farm, which was capable of producing only 600 kWh of electricity, while the...more
The impact of smart charging for EVs - With many new EVs now out-performing their fossil-powered counterparts’ capabilities on the road, energy planners are looking to bring innovation to the garage — 95% of a car’s time...more
IEA says world cannot "press pause" on renewables, as capacity growth stalls - The International Energy Agency (IEA) has expressed concern over the “unexpected flattening” of renewable-energy capacity additions in 2018,...more
Zambia sets sights on yet more solar as another 34 MW is connected to grid - The 34 MW Ngonye solar photovoltaic plant, in Zambia, has been connected to the country’s grid and has started operations....more
Globeleq, Aurora Power Solutions to build PV projects in Zambia - Independent power producer Globeleq and renewable energy company Sola Group’s Aurora Power Solutions have been awarded two 20 MW solar photovoltaic (PV)...more
CSIR encourages South African residents to take control - Energy experts at the Council for Scientific and Industrial Research (CSIR) have noted that South Africans can reduce their household energy costs and possible grid...more
A new study commissioned by the South African Wind Energy Association (SAWEA) reflects on opportunities for corporates, municipalities, and intensive power users looking for affordable and low carbon ways of securing...more
Investec’s ZAR 1bn fund to buy up stakes in South African green power projects - The investment vehicle, set up with UK Climate Investments, wants equity in operating renewable energy projects....more
It is quite well publicised that in Sub-Saharan Africa, approximately a third of the population (approximately 600 million people) has no access to electricity, with the demand far exceeding supply, due to increasing life...more
David Feldman and Paul Schwabe of the National Renewable Energy Laboratory (NREL) have published their annual solar PV financing report: Terms, Trends, and Insights on PV Project Finance in the United States, 2018. ...more
SA’s energy vision for 2030: Jeff Radebe releases the details in long-awaited IRP - The long-awaited Integrated Resource Plan (IRP) envisages the energy mix in 2030 will consist of almost half coal power, with gas and wind...more
Acwa Power inaugurates first wind farm in Morocco - Power generation technology developer Acwa Power recently inaugurated its 120 MW Khalladi Wind Farm, near Tangiers, in Morocco, which will supply clean power to a number...more
On June 22, the Internal Revenue Service ("IRS") issued Notice 2018-59 (the "Notice"), which provides guidance regarding qualification and construction timing for purposes of the investment tax credit ("ITC") provided by...more
On June 22, the IRS issued Notice 2018-59 providing a beginning construction standard for solar projects similar to the standard previously set for wind projects. Solar developers now have a standard for reliance on what...more
Projects and energy updates from South Africa - Kenya: Menengai geothermal project receives funding - The African Development Bank (AfDB) has approved a senior loan of US$29.5 million and a concessional loan of US$20...more
Moz plant illustrates rapid commissioning potential of gas engines - Electricity generation using gas as a fuel has great potential to meet the growing needs of many African countries, especially with a peaking-plant...more
With capital costs falling and the technology ever improving, concentrating solar power (CSP) and solar photovoltaic (PV) technologies present increasingly enticing investment opportunities for a number of emerging economies;...more
This article is the third of three articles on solar power projects and discusses testing and performance guarantees in the context of engineering, procurement and construction (“EPC”) contracts for solar photovoltaic power...more