The European development bank will amend its methodology to determine the financial viability of energy projects. Putting a price on the environmental and societal effects of air pollution, the EBRD is likely to funnel more funds into renewables.
The deal foresees 3,500 employees from both companies joining the unit, as well as equipment and production facilities to be used to improve battery technologies and develop next-generation solutions.
It is the first of three solar parks of that size the Norwegian IPP has put in commercial operation in Malaysia’s growing market.
With budgets continuing to be slashed, one authority is eyeing solar-plus-storage to boost revenue. It is not the first time a U.K. council has decided to turn a landfill site into an income generating asset.
Homeowners and businesses with small-scale solar arrays have fought off a threat to priority treatment for excess energy they want fed back into national grids. The EU has refused to heed a call to treat such generators on the same terms as giant utilities.
Vanadium redox flow battery supplier Cellcube spoke to pv magazine about the latest political developments in the U.K. and what the effects on storage could be.
The EIB said supporting the battery supplier will help Europe realize its clean energy targets. The funds are earmarked for the company’s European R&D, as well as stemming ‘operational burdens’ from its growth rate. Sonnen recently made headlines by opening a factory in Australia to supply its virtual power plant in Adelaide.
The Taiwanese market research company has published its latest price trend data for PV modules, cells, wafers and silicon. Across the value chain, rising demand is causing stockpiles to dwindle and utilization rates to rise. Prices are rising in China as well as for high-efficiency products. Module prices have stabilized.
PGGM and Shell have expressed interest in acquiring sustainable energy company Eneco, a municipality owned business which wants to go private. The energy provider has installed 100 MW of PV and operates in northwest Europe.
German concern Kaco has sold its central inverter business. The German manufacturer hopes to focus on its string inverter and energy storage branches while the South Korean buyer hopes the newly acquired knowhow can improve the energy efficiency of its large-scale PV parks.
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