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Finance

Clean Energy Council notes decline in Australian renewable energy investment

Investment in Australia’s renewable energy sector is more than 10 times lower than what it should be to reach 2030 targets, according to a new report by the Clean Energy Council.

DIF Capital Partners to acquire 60% stake in Dutch solar developer Novar

Dutch fund manager DIF Capital Partners has signed an agreement to purchase a majority of Dutch solar project developer Novar for an undisclosed sum.

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Message framing techniques to boost solar sales

A Dutch-German research team has tested how a series of framed messages may be used to boost PV system sales, addressing both self-interest and environmental concerns, and has found that all the proposed messages are effective at promoting the purchase of solar panel installations.

Weekend Read: Consolidating growth in Africa

Across Africa, rooftop solar is stepping in to fill the void as fears of non-payment and inflation-reduced donor funding dampen enthusiasm for big solar. Commercial and industrial (C&I) arrays are leading the charge, driving consolidation in markets overstocked with startup and mid-size installers.

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Heraeus buys stake in French solar manufacturer HoloSolis

HoloSolis plans to build Europe’s largest PV factory – a 5 GW solar plant in France – by 2025. Heraeus will provide its latest metallization technologies for the factory and play an active role on the HoloSolis board of directors.

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French startup Ensol creates platform to speed up residential PV deployment

Ensol, a French startup serving the residential PV and home energy solution market, has raised €3 million in venture capital from Paris-based investors, Otium Capital, a fund that backs early-stage companies, and BetterAngle, a business angel group.

Israel’s Teralight to buy 16.5 MW rooftop PV portfolio

Israeli developer Teralight says it is buying 16.5 MW of solar projects for ILS 25 million ($6.4 million) from gas supplier Electra Power. It expects to generate ILS 320 million of income over the lifetime of the projects.

Hering Group moves into organic PV film manufacturing

Hering Group, a centuries-old German construction and engineering company, says it has acquired the PV manufacturing facilities of organic solar film developer Asca, based in Kitzingen, Germany. The previous owners of the facilities describe Asca as a “largely loss-making” venture lacking in sales.

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Scientists use game theory to monitor renewables auctions

An international team of scientists has assessed different strategies for volume-based and fixed-amount subsidy auctions for large-scale wind and solar projects. They have found that higher subsidy levels in auctions lead to lower final prices.

Weekend Read: Install grid-connected solar, rinse, repeat

Will a redeployable solar and energy storage solution be the answer to unreliable grid electricity across much of Africa, as its developer proposes? Or will it merely be a temporary solution that will see cash-strapped utilities kick the can of universal energy access further down the road?

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