Assessing floating PV costs across Europe
Researchers have analyzed the viability of floating PV in terms of net present value, internal rate of return, and LCOE. They included 25 European countries in their work, including Germany, the United Kingdom, Spain, and Italy.
PV systems can now support grid as fossil fuels decline, says IEA-PVPS
A new report by the International Energy Agency’s Photovoltaics Power Systems Programme (IEA-PVPS) says that existing PV systems have the technical capabilities to provide various frequency-related grid services.
Next2Sun bets on Italy for market expansion
Despite difficulties in France, Next2Sun still sees growth opportunities in Europe, starting with Italy. The German agrivoltaics supplier tells pv magazine that it is also increasingly active in Japan.
Ecop Technologies launches 700 kW industrial heat pump with output temperatures of up to 200 C
The Austrian manufacturer said its new heat pump is an ideal solution for industrial and district heating market segments. The system features an advanced rotor system, exploiting diffusion bonding technology, which reportedly enables higher temperature lifts, and greater manufacturability due to fewer components.
Fronius to cut 650 jobs
Austrian inverter maker Fronius has cut another 650 jobs due to high inverter inventories and no expected upturn.
Austria adds 2.6 GW of PV capacity in 2023
Austria installed 2.6 GW of solar capacity last year. Newly installed PV capacity has nearly tripled, supporting employment.
My-PV’s new SOL•THOR uses photovoltaics to generate heat
The device can be connected directly to a solar generator without an inverter and can control heating elements or electric boilers.
Austria offers €17.9 million to fund storage
The Austrian authorities have offered €17.9 million ($19 million) to fund medium-sized electricity storage systems, with €10 million from the climate action protection ministry and €7.9 million from the European Agricultural Fund for Rural Development (EAFRD).
Austria adds 500 MW of PV in Q1
Austria’s Federal Association of Photovoltaics (PV Austria) says the nation added 500 MW of new solar capacity in the first quarter, driven by investments in private rooftop PV systems benefiting from a value-added tax (VAT) exemption.
Austria offers incentives for PV systems above 35 kW with European modules
The Austrian government has introduced incentives for PV systems over 35 kW that feature made-in-Europe modules. The measure aims to create new jobs and support the energy transition, offering a 20% higher subsidy for qualifying projects.
