Calyxo, a German cadmium telluride solar module manufacturer, has filed for insolvency for the second time, despite the recent emergence of new prospective investors. Meanwhile, Crystalsol – an Austrian flexible solar panel maker – has also initiated insolvency proceedings, due to losses of roughly €7 million.
Austrian researchers have proposed gravitational energy storage for locations with low demand. The scientists claim the system they are suggesting can be combined with other forms of storage as well as renewables, costs $50-100 per megawatt-hour of stored energy and $1-2 million per megawatt of installed capacity to develop.
Parent company FlixMobility plans to test hydrogen fuel cell vehicles in Europe.
The module maker has started producing solar modules at its fab in Liebenfels.
Although the International Energy Agency’s latest renewables report forecasts impressive solar growth there is still a nagging feeling it has produced conservative estimates and the emphasis on sharing costs with grid operators is predictable.
The International Renewable Energy Association says the integration of hydrogen into the energy transition will not happen overnight and electrolysis costs will not be halved until the 2040s. That hydrogen and related products could revolutionize the world energy landscape, however, is not in doubt.
The nation’s political parties have found agreement on a green electricity package which is expected to create stable conditions for the next three years. From next year, €36 million will be made available annually for the further support of PV systems and energy storage.
With the region of Styria considering making PV mandatory on all new buildings, the nation’s Climate Fund will support PV and storage projects in agriculture and forestry. Applications can be submitted by November 2020 – or until the pot is empty.
The Junelight Smart Battery lithium-ion product has been designed for homeowners and has a storage capacity of up to 19.8 kWh.
More than a dozen European ministers of economic affairs have released a statement setting out the next steps to turn Europe into an industrial hub for large-scale cell production. The role of SMEs and competition was highlighted as ministers said European cells should provide innovation in terms of raw material use and sustainability, hinting at a pivot away from lithium-ion.
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