Denmark resumes subsidies for energy tech exports
The Danish authorities have reopened a subsidy pool to promote exports of Danish energy technologies, offering a total of DKK 9.3 million ($1.36 million). Applications for the fund, which targets public-private partnerships, will be accepted until Oct. 11.
Rinnai acquires Australian solar installer
Japan’s Rinnai Corp. has snapped up Smart Energy, a solar and battery systems supplier, to strengthen its presence in Australia’s renewable energy sector.
Can just-transition cash fire African renewables?
African governments are being encouraged to leave fossil fuels untapped in return for Just Energy Transition Plan (JETP) finance. Can these new financing plans from Western governments achieve their ambitious aims?
New bidding strategy for PV asset owners operating in spot market
Conceived by an international research team, the new bidding strategy applies to the day-after and the intraday markets. It uses a technique that transforms results from probabilistic models into actual scenarios. Their method showed its ability to yield increased revenues and reduced imbalance.
German PV and storage provider Bosswerk files for insolvency
The provisional insolvency administrator is focusing on restructuring and continuing business operations. Bosswerk has operated the Green Akku online shop since 2010, through which it sells photovoltaic systems and home storage systems.
Global PV investment to surpass $500 billion in 2024
The International Energy Agency projects that solar will attract more investment than all other electricity generation sources combined. Global energy spending is set to surpass $3 trillion for the first time this year.
Solar panels could raise value of houses by up to 7.1%
Using a range of machine-learning techniques, a group of scientists found that PV systems can significantly increase the value of a property in the United Kingdom. The analysis was based on property data from Zoopla, one of the leading providers of UK property listings, and price paid data sourced from the government’s Land Registry from 2012-2018.
The Hydrogen Stream: Canada, Italy announce funds for hydrogen trade, infrastructure
Canada and Italy announced funds for hydrogen projects. Meanwhile, a team of researchers explained that Australia should ship hydrogen to Japan by 2030 via methyl cyclohexane (MCH) or liquid ammonia (LNH3), not completely rejecting the option of liquid hydrogen (LH2).
Scatec sells stakes in South African, Rwandan solar plants
Norwegian developer Scatec is selling a proportion of its interest in three solar power plants in South Africa and has completed the sale of its entire stake in a Rwandan facility. It says the agreements will finance further growth opportunities.
Enstall takes over Schletter
The Dutch company, which itself was taken over by Blackstone and Rivean Capital, will become the majority shareholder of the German photovoltaic company. Schletter’s previous shareholders will hold minority stakes in Enstall in the future.
