Austria

Covid-19 weekly round-up: Module prices fall as big solar starts to recover in Germany

Plus, there is hope of a bright new dawn with proposed legislative changes in Europe and the U.S. even as the solar equipment industry hits new lows and cyber attacks reportedly increase in frequency.

Austria doubles financial support for solar rebates

The government has ramped up its budget for the rebate scheme to €10 million.

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Austria’s last coal power plant shuts down

Austrian power provider Verbund has shut down its coal-fired district heating plant in the state of Styria as planned. This means that coal power generation in Austria is now history, paving the way for a switch to a 100% renewable power supply by 2030. However, Photovoltaic Austria emphasizes that Austria needs a well-considered plan for clean energy, as a quarter of the nation’s electricity is still generated from fossil fuels.

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Jinko joins Covid-19 fight

The module giant today announced it will donate a million items of personal protective equipment to the European and Asian countries currently battling the spread of the novel coronavirus.

Green hydrogen can power green Alpine tourism

An Austrian consortium has developed a hydrogen generation, storage and fueling station along with fuel cell-propelled snowmobiles. The team was so certain of the readiness of the solution they launched it during an FIS World Cup skiing event.

Incentives for small solar-plus-storage in Austria and Italy

Rebates are being offered to homeowners and businesses willing to couple small solar systems with energy storage.

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German solar glass maker acquired by timber company and start-up innovator

Interfloat Corporation, a European market leader for solar glass, has been bought by Holzverarbeiter HS Timber Group and Blue Minds.

Varying capital costs favor wind over solar in Europe

Differing finance costs across the continent are likely to see wind-rich, high electricity demand nations such as Germany, France, Austria and Belgium forge ahead with renewables at the expense of countries with plenty of sun but where borrowing is expensive, according to a German study.

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ERA-Net awards 23 future energy pilot projects across Europe

Under the umbrella of the European Union’s Horizon 2020 initiative, the research platform ERA has initiated a new batch of future energy projects. Looking at the list of winning projects, it is easy to tell that hydrogen, virtual power plant, and blockchain projects are really at the center of what Europe thinks will be important for its net-zero carbon plans by 2050.

Hard times for thin-film PV module makers as Crystalsol and Calyxo file for insolvency

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.

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