Solarwatt and Stiebel Eltron have agreed to cooperate on the development of heat pumps.
SolarPower Europe believes that more than 1TW of photovoltaics could be installed in Europe by 2030 to support the phase-out of Russian gas supplies. EU Energy Commissioner Kadri Simson has even used a famous quote by Italian Prime Minister Mario Draghi to underscore her determination to build up cell and module production on the continent.
From pv magazine 02/2022 One of the biggest differences between residential EVs is in terms of solar-optimized charging. With solar-optimized charging an energy management system adjusts the charging power so that, as far as possible, charging always takes place with the surplus rooftop solar electricity. Such systems, if there is little sunshine or household electricity […]
1Komma5° has acquired a majority stake in Swedish solar installation provider Cellsolar AB. This is the sixth acquisition of the recently founded Cleantech startup which wants to open the installation sector for the capital market in order to allow rapid growth.
Something is brewing in the financial world. “Sustainable finance” and the growth of ESG funds have been taking the market by storm in recent years. Since most major PV projects end up needing investors from the capital market, it is only a matter of time before they will have to adapt. The beginning of March 2021 saw a milestone reached in this process.
LG Chem is spinning off its battery business into a new subsidiary, LG Energy Solution. It also launched two new battery series, Resu Prime and Resu Flex. These devices rely on new battery cells with a higher power density and with up to 16 kWh, they have a higher capacity than previous models. The first products are expected to be shipped from February or March 2021.
You can try to succeed by making a better version of your competitors’ product, or you can try to do something completely new. NexWafe has chosen the second path. It is developing plans to manufacture wafers for high-efficiency solar cells in Bitterfeld, Germany, that are produced more sustainably and at lower cost than any other products available today.
Researchers are now simulating how the energy transition can be as successful and cost-effective as possible. As part of the simulation, they are also calculating how much hydrogen will be needed and where it could come from. In Germany, a recent study by Fraunhofer ISE showed that the cost is so low that the nation could gift itself the energy transition as a Christmas present.
Corporate power purchase agreements and the combination of PV plants with hydrogen production open up new medium-term financing opportunities for solar projects, as was demonstrated at the fourth session of the pv magazine Roundtable Europe event. The evolution of corporate deals may have been slowed by current price developments but hydrogen may come sooner than many had predicted.
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