IKEA Begins Selling Solar Panels

first_imgIKEA Begins Selling Solar Panels FacebookTwitterLinkedInEmailPrint分享Adam Vaughan for The Guardian:Solar panels will join tea lights and spider plants on sale at Ikea stores from Monday, despite huge government cuts to solar subsidies for homeowners.Shoppers will be able to order panels online and at three stores, initially Glasgow, Birmingham and Lakeside, before the so-called Solar Shops appear in all the Swedish company’s UK stores by summer’s end.Ikea’s new foray with energy company SolarCentury marks its second attempt to sell solar panels, after a two-year pilot with Chinese company Hanergy ended last year.The company maintains that despite low wholesale electricity prices and ministers’ 65% cut to solar incentives, after which new solar installations have crashed in the past two months, the technology makes sense for British householders.“Obviously the climate has been changing in the past year in the UK but, nonetheless, our research showed a third of homeowners would really like to invest in solar, and the majority of those are driven by the opportunity to save money,” said Joanna Yarrow, head of sustainability at Ikea UK and Ireland.“Even though the feed-in tariff rate has come down, you’re still going to get a 6% rate of return on a solar installation, you’re not going to get that return on an ISA.” She admitted it was “depressing” to see the recent 75% fall in solar power capacity installed by homeowners but said “we see solar as the future”.Full article: Ikea starts selling solar panels in UK storeslast_img read more

Bangladesh, World Bank sign financing deal to develop 310MW of renewable energy generation

first_img FacebookTwitterLinkedInEmailPrint分享United News of Bangladesh:The government on Thursday signed a $185 million financing agreement with the World Bank to add about 310 MW renewable energy generation capacity, which will contribute to reliable, affordable electricity and cleaner air.The Scaling-up Renewable Energy Project will focus on utility scale solar photovoltaic (PV) and rooftop PV to expand new markets in renewable energy generation it the country. The project will establish the country’s first large-scale 50 MW grid-tied solar PV generation plant in Feni district, implemented by the Electricity Generation Company of Bangladesh (EGCB),said a press release.To fill the gap in the long-term domestic financing market for renewable energy, the project will also support the Infrastructure Development Corporation Limited (IDCOL) to manage a Renewable Energy Financing Facility for both rooftop and utility scale solar PV. It will also help Sustainable and Renewable Energy Development Authority (SREDA) identify sites for large-scale projects and promote new net metering policy for rooftop PV.“Since the last decade, the World Bank has helped Bangladesh increase access to electricity in rural areas through renewable energy. Today, Bangladesh has one of the world’s largest domestic solar power program that serves about one-tenth of the country’s population,” said Dandan Chen, Acting Country Director for Bangladesh and Bhutan. “Now, we are going one step further to help Bangladesh expand renewable energy generation on a larger scale. With strong collaboration between the public and private sector, we hope the project will help meet the growing energy demands of the population.”The project will help unlock private investment and will aim to raise up to $212 million in financing from the private sector, commercial banks, and other sources.More: Govt, WB ink $185 million financing deal for renewable energy generation Bangladesh, World Bank sign financing deal to develop 310MW of renewable energy generationlast_img read more

PREMIUMLowest case backlog in history: Reforms make Supreme Court more productive

first_imgLOG INDon’t have an account? Register here Google Topics : Log in with your social account Forgot Password ? Supreme-Court Hatta-Ali Jokowi-second-term judiciary-system After years of reforms, the Supreme Court has improved its productivity in resolving cases, resulting in the lowest-ever case pile at the end of last year.The country’s top court produced more than 20,000 rulings in 2019 compared to 17,638 in 2018, lifting its productivity rate to almost 99 percent from 95 percent in the preceding year.Ninety-six percent, or more than 19,000, of the rulings were made in less than three months since the case was accepted by the court.Supreme Court chief justice Hatta Ali said the achievements were due to simplified and accelerated judicial processes the court had implemented over the past five years.He said the court has been modernizing itself with the establishment of e-court and e-litigation systems. The e-court had handled more than 47,000 cases and the e-litigation had been met with high participation with more than 21,000 peopl… Facebook Linkedinlast_img read more