Tesvolt receives €2.15 million for serial production leap
The manufacturer of C&I storage systems has been awarded funding from the EU’s SME funding scheme to enable mass production of its systems. The company’s production site could see an additional 60 employees added over the next 24 months.
Kostal, RCT Power take the lead in storage system efficiency ranking
Researchers from Berlin’s College for Technology and Economics have determined a ‘system performance index’ for 16 residential storage systems. The index ranks systems according to economic efficiency. The compilers of the index say many manufacturers lack transparency regarding system performance.
Repsol awards 7-year solar PPA to Solaria Energía
The Spanish oil provider has agreed to buy power from 50 MW of solar through a physical PPA. This is the second solar PPA secured by Solaria Energía from Repsol.
Limejump secures solar PPA from NextEnergy Solar Fund
The UK energy technology company said the new contract will provide 120 MW of solar generation through its Limejump Virtual Power Platform. The energy bought from NextEnergy Solar Fund will then be traded on the national grid.
A call to action
Solar PV has come a long way as a power generation technology. As highlighted in SolarPower Europe’s Global Market Outlook for 2018 to 2022, solar added 98 GW of net generation capacity last year, eclipsing all other forms of electricity generation. But solar needs to do a lot more, and to do it very soon if we want to limit greenhouse gas (GHG) emissions and keep global warming to below 1.5°C from pre-industrial levels.
EU-funded initiative set to launch new anti-soiling coating
A project backed by the European Union’s Horizon 2020 program says it has developed a self-cleaning coating for modules which is also anti reflective and weather resistant. The project – SolarSharc – expects to launch the product next year.
Leclanché plans for debt restructure helped by Swiss Takeover Board
Agreement to wave requirement for chief shareholder FEFAM to conduct a full takeover paves way for shareholders to vote through a debt-for-equity swap that will reduce the historic battery maker’s debts by a reported 65% next Tuesday.
IRENA clarion call for G20 leaders may fall on deaf ears
In an advisory requested by Argentinian hosts, agency reports on the role solar can play in firing the energy transition up to 2050 – but was anybody listening?
Inverters from China to be spared 25% tariffs – for at least 90 days
Enphase, Huawei and other companies which make inverters in China may be the beneficiaries of a compromise struck between Presidents Donald Trump and Xi Jinping.
Hanwha Q Cells posts $165m loss in Q3
The South Korean PV manufacturer saw sales increase slightly in the last quarter. Net losses, however, more than quadrupled compared to the previous period.
