South Korea plans 3 GW of reservoir floating solar by 2030
Korea Rural Community Corp. (KRC) says it plans to increase floating solar capacity on agricultural reservoirs to 3 GW by 2030, from 105 MW currently in operation.
Oxford PV says tandem solar could add up to 5 km to daily EV range
Oxford PV has joined Nissan’s SUITE consortium, advancing perovskite-silicon tandem solar tech that could boost vehicle-integrated solar EV range by an additional 3–5 km per day and push total daily solar driving range toward 15–20 km.
AccelerateEU backs 200 GW storage goal but omits dedicated mechanism
The European Commission’s AccelerateEU energy crisis plan endorses a 200 GW battery storage target for 2030 but proposes no dedicated financing mechanism to reach it, according to SolarPower Europe (SPE), which is calling for a separate EU-wide auction funded by emissions trading revenues.
Israeli storage developer moves into solar EPC with majority stake deal
Airengy Ltd., listed on the Tel Aviv Stock Exchange, has signed a memorandum of understanding to acquire a 51% stake in Green-Go, an Israeli PV developer and engineering, procurement, and construction (EPC) contractor with expertise in agrivoltaics.
Fraunhofer ISE develops colored film tech for patterned solar modules
Scientists at Fraunhofer Institute for Solar Energy Systems ISE have created a film-based system that applies color patterns and cutouts to PV modules using the institute’s MorphoColor technology, enabling modules to imitate roof tiles, masonry, and facades with around 5% efficiency loss.
Repowering key for Japanese solar assets approaching feed-in tariff expiry
The refinancing of GSSG Solar and Voltaiyo’s 104 MW Jupiter Portfolio comes as Japan’s first-generation feed-in tariff (FIT) projects approach the end of guaranteed rates, forcing owners to reassess revenue strategies in a shifting post-FIT market.
Abaxx Exchange lists world’s first solar irradiance futures contract
The Enwex Germany Solar (GSM) contract, launching April 23, brings exchange-cleared solar irradiance hedging to a market that has until now operated largely over the counter (OTC), a development Munich Re’s weather derivatives team says could broaden participation and formalize risk management.
Inside the financing of Egypt’s largest solar‑plus‑storage project
Norwegian developer Scatec ASA has commissioned the first phase of the 1.1 GW Obelisk solar and battery energy storage system (BESS) project in Egypt, backed by $479.1 million in development finance institution (DFI) debt and a fully contracted storage revenue model.
New metric shows renewables are 53% cheaper than nuclear power
A new metric for assessing total system costs puts a least-cost mix of offshore wind and solar at about €46 ($54.20)/MWh in a future climate-neutral energy system for Denmark. Researchers tell pv magazine that figure is less than half the equivalent cost of nuclear under the same conditions.
BMW targets 2028 hydrogen car launch, cites infrastructure and cost hurdles
BMW Group tells pv magazine its iX5 Hydrogen fuel cell electric vehicle (FCEV) will enter series production in 2028 using a third-generation fuel cell system developed with Toyota, but says hydrogen pump prices must reach parity with diesel for the vehicle to succeed commercially.
