ADB to provide $160 million to finance 760 MW of solar in Azerbaijan
The Asian Development Bank (ADB) has agreed on a $160 million financing package for two solar projects in southeastern Azerbaijan, totaling 760 MW. Abu Dhabi-based Masdar is co-developing the project with a subsidiary of State Oil Company of Azerbaijan (Socar).
Lithuania bans remote Chinese access to solar, wind, storage devices
Lithuania has decided to tighten its cybersecurity laws, banning manufacturers from countries deemed national security threats, including China, from remotely accessing management systems of solar, wind, and storage facilities. The European Solar Manufacturing Council has backed the move.
Azerbaijan breaks ground on 240 MW solar plant
Work is underway on a 240 MW solar project in southwestern Azerbaijan following the signing of an investment agreement and land lease agreement. It is being developed under an executive agreement between the Azerbaijan Ministry of Energy and energy giant BP.
EBRD, EU finance 126 MW solar plant in Uzbekistan
The European Bank for Reconstruction and Development (EBRD) and the European Union are investing a combined $61.6 million in a 126 MW solar project in Uzbekistan. A special-purpose company fully owned by French developer Voltalia will develop the plant.
Metrel launches electrical installation safety tester for PV systems
Metrel, a Slovenian measurement equipment supplier, says its new electrical installation safety tester can assess systems with a maximum voltage of up to 1,500 V and a maximum short circuit current of 40 A.
Sunly starts construction of three solar parks in Latvia
Estonian renewable energy company Sunly is building three solar parks in Latvia with a cumulative capacity of 225 MW. The projects are being developed as hybrid parks, combining solar with wind and battery energy storage.
Cooling bifacial PV thermal solar panels with jet impingement
Scientists created a model to study bifacial PV thermal (BPVT) solar panels using jet impingement and built an experimental setup to validate it. They achieved a thermal efficiency of 62.28%, while electrical efficiency peaked at 11.22%.
European team targets 20%-efficient perovskite modules using industrial processes
The LUMINOSITY project consortium aims to develop 20%-efficient metal halide perovskite prototype modules measuring over 900 cm², designed for a 20-year lifespan and compatibility with roll-to-roll (R2R) processing.
French asset manager Mirova invests €480 million in Austrian developer RP Global
The transaction, consisting of equity and convertible bonds, will cover Italy, Germany, France, Spain, Portugal, Poland and Croatia. RP Global aims to commission 2.5 GWp of renewable power in the next five years.
EBRD, European Investment Bank fund 99 MW of solar in Croatia
The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are funding a 99 MW solar project in southwestern Croatia with a total investment of €62 million ($67.2 million). Construction will begin next year, and commissioning is set for 2026.
