Markets

The European solar power body believes that with the right policy priorities delivered by the European Commission, solar and storage can fulfil its potential in helping the EU meet its climate change targets.

The first cross-border solar tender in Europe sees five Danish solar developers with 50 MW of PV capacity in German auction. Winning bids of EUR 5.38 cents/kWh almost two cents lower than previous German solar tender.

The India conglomerate will build one of the world’s “most advanced” solar farms near a mining site in Queensland, with an additional PV plant planned for the Whyalla region in south Australia.

British Queen’s London residence is due a $458 million makeover starting April next year, and official report by the Crown includes suggestion to install solar panels across its vast roof.

The Swiss solar technology provider confirms management and board changes that include appointment of Hans Brändle as new CEO from January 1.

Group at Warwick University replaced lead with tin in perovskite-based solar cells and found similar rates of performance but at cheaper cost and with lower toxicity.

The US government agency USAID announced during the UN Climate conference (COP 22) in Morocco $4 million in funding to solar start-ups that support African off-grid solar energy. The funding is significant because it concerns a risky fragment of Africa’s solar energy.

Sweden made some sweet solar sounds this week, while Tesla finally dotted the Is and crossed the Ts on its SolarCity acquisition, and India deepened its solar love affair.

The UK’s Chancellor announced yesterday extra funding to electric vehicles (EVs), but overall failed to convince that the government has a low-carbon growth plan that includes solar.

Analysis by Mercom Capital Group finds 66% growth in Indian-made solar cells and modules between April-August this year; export figure dwarfed by imports, which topped $763 million during that period.