The Fresher project, funded by the EU’s European Maritime and Fishery Fund, aims to develop better and cheaper mooring and anchoring systems for floating solar. The initiative is backed by Portugal utility EDP, which has recently begun to install floating projects.
Officials in Dhaka frustrated by the lack of progress on several PV projects have decided to punish tardy developers by setting new power prices which reflect the falling costs of solar project development.
The Italian oil and gas provider has signed a concession agreement with the government of the African oil country to build a 50 MW solar plant. The project is expected to be in the province of Namibe and will be part of the nation’s plan to deploy 600 MW of solar by 2022.
Just over three terawatts will be installed by 2040. Coal generation will remain largely flat, however. Gas generation capacity will rise, making CO2-emissions reduction unattainable under current projection scenarios.
Scientists led by Moscow’s Skolkovo Institute of Technology have drawn upon several of their recent battery material innovations to create a potassium-ion device. The institute says its development will pave the way for ultrafast and durable, high capacity metal-ion batteries, to supply rising demand for energy storage innovations.
Korean PV manufacturer Hanwha has accused competitors in the U.S., Germany and Australia of having infringed its patents. In America, Jinko Solar – as well REC and Longi Solar – applied for an interim review of a patent at the International Trade Commission. Now, Jinko says it expects the judges to rule in its favor.
Britain’s renewable energy trade body has published a report examining the state of flexibility market readiness in nine European markets. The result makes for sobering reading for Germany, France and the U.K.
The Chinese-Canadian manufacturer reported a 1% decrease in sales in the third quarter, with net profit falling 19%, to US$55.2 million. Quarterly shipments were up significantly year on year, from 1.59 GW in July-to-September last year to 2,387 MW this time around. The company expects to ship up to 8.5 GW of panels and achieve turnover of up to US$3.16 billion this year.
Researchers at Sweden’s Lund University have discovered a mechanism by which iron-based solar cells lose up to 30% of their charge. Understanding how the loss occurs, say the researchers, will be the first step to closing the loophole and developing more efficient solar cells based on the abundant material.
Elon Musk has promised a fab near Berlin that will help create up to 10,000 new jobs. Tesla wants to build the facility near the city’s controversial new BER airport.
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