A call for the EU’s second cross-border renewables tender has gone out and will remain open until March 4, 2025. Luxembourg is providing €52.4 million ($56.7 million), while Finland and Estonia have committed to installing solar and onshore wind on their territories.
In the second quarter of 2023, the group still generated sales of €513 million from the sale of polysilicon, while this year revenue dropped to €232 million. Earnings fell even more, dropping by 65%.
Libra Energy has unveiled its first major Australian renewables project, announcing plans to build an 850 MW / 3,400 MWh battery energy storage system in southeast Queensland to help soak up excess solar energy and stabilise the grid supply and demand during peak hours.
The 147MW/588MWh Rosamund Central battery energy storage project in Kern County, California, is paired with a 192 MW solar farm, which was completed in 2020.
The Philippines’ Department of Energy (DOE) has said that energy storage and maximizing the country’s existing renewable energy infrastructure will be a major theme for its next green energy auction. GEA-4 will take place in the final quarter of 2024.
The auction concluded with an average price of €0.056 ($0.065)/kWh for the PV technology.
The Chinese cell maker said its unit Zhejiang Akcome Photovoltaic Technology has received the green light for restructuring. However, if the reorganization is unsuccessful, the company will proceed to bankruptcy liquidation.
It will be integrated with Fraunhofer ISE’s micro-CPV module technology, with 36.5% efficiency. A first prototype will be installed in Spain before the end of 2024.
Scientists in Finland have built a perovskite solar cell with a bio-inspired coating that reportedly improves light transmittance while providing self-cleaning properties. The film was able to improve the device efficiency by up to 6%.
The photovoltaic installation company is struggling with the current difficult market situation. A solution for its continuation is now being sought.
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