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Finance

Norwegian investor raises stake in company developing ‘perovskite-boosted’ solar cells

Swedish business Evolar is working on a bolt-on piece of production equipment which would upgrade the cell lines of conventional manufacturers with a perovskite lift in performance.

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EU member states charging toward unambitious PV targets – SolarPower Europe

The national goals set by European countries two years ago already look hopelessly out of date thanks to the global PV boom. The Euro trade association for the industry has called for ambitions to be radically scaled up in 2023 if the world is to have any chance of capping temperature rises at 1.5C.

South African-owned miner confirms 185 MW solar plan for Zimbabwe

Platinum miner Zimplats will spend $200 million on 185 MW of solar plants to power operations to help seal approval for its capital spending plans by the Zimbabwean government and to make up for deficiencies in local electricity supply.

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Plans for EV battery raw material supply in Iberia

The partners behind a JV aiming to develop a lithium conversion factory in Portugal say Iberia could supply enough geological feedstock spodumene to produce 700,000 EV batteries per year, starting in 2026.

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The Hydrogen Stream: Longi wants to reach electrolyzer capacity of 2 GW by 2023

Elsewhere, Air Products is planning to build a 2 GW electrolysis plant in Saudi Arabia and Protium is deploying its first 100 kW electrolyzer in the U.K.

Shell buys US solar and storage company Savion

The transaction, for which Shell did not reveal the purchase price, will see the energy company pick up a U.S. project development pipeline which reportedly runs to more than 18 GW of solar generation and energy storage capacity across 26 states.

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Analyst predicts 2030 bidding war for dead EV batteries

A lack of end-of-life batteries this decade is likely to play into the hands of Chinese recyclers located near most of the world’s production facilities, according to analyst WoodMac, but might at least help rebalance the current situation in which new products are cheaper than recycled ones.

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Uganda turns to solar mini-grids to level-up its northern region

A spokesperson for London-based installer Winch said the subsidized, $0.29/kWh electricity the networks will offer to villagers is the lowest price for such a system anywhere in the world.

Bangladesh government signs up for 180 MW of solar electricity

The power development authority has signed 20-year electricity purchase deals relating to four solar projects and has awarded the highest price paid in the country to date for ‘clean’ energy, for an island-based system which includes battery storage and diesel generation.

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German development bank allots fresh €49m for African mini-grids

A new foundation set up by KfW will offer grants to attract investment in a bid to offer more than 350,000 people access to clean electricity.

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