Eastern Europe

Estonian researchers have developed a new monograin powder technology made of microcrystals, which can form parallel connected miniature solar cells in a large module. By replacing copper with silver in the absorber material, the researchers were able to increase the efficiency of the cells by more than 2%.

Trade body SolarPower Europe’s preliminary statistics suggest this could be the continent’s best year for PV since 2010, with capacity additions set to soar 104% year on year. Spain is leading the way with an expected 4.7 GW of new solar, followed by Germany, with 4 GW.

The European Commission has approved use of funds given by seven member states to back Europe-wide R&D projects across the lithium-ion battery value chain, with the aim of potentially unlocking an additional €5 billion in private sector investment.

State-owned Elektrani na Severna Makedonija will begin construction on a 10 MW solar plant at its redundant coal plant in Oslomej after signing the engineering, procurement and construction deal with a Turkish contractor. The utility is planning to tender a 10 MW extension of the plant and two more 50 MW solar facilities.

The Abu Dhabi-based clean energy group has entered into a formal agreement with an investment fund to develop 400 MW of PV capacity in Armenia, with a projected investment of up to $320 million.

The 50 MW project is a joint initiative of the country’s Ministry of Energy and the United Nations Development Program.

The French insurance group has revealed plans to phase out its exposure to coal by 2030 in the European Union and the countries of the Organization for Economic Co-operation and Development, and by 2040 in other parts of the world.

The Shanghai-based project developer – which will soon relocate to the U.S. – says the profit margins are not high enough in those markets and has cancelled its project pipeline in the nations. The company has also changed its CEO after less than five months and is on a drive to reduce capital costs.

With the market all but grinding to a halt this year after an incentive scheme expired, the government has launched a new capacity procurement system. PV could be a winner in the first auction round but, as of 2021, solar could face stiff competition from wind and biomass.

In this year’s tender, which is open to PV and wind projects with a generation capacity of more than 1 MW, solar may have better prospects after securing only 1 MW in last year’s exercise. The Energy Regulatory Office also announced the auction for sub-1 MW projects will be held on December 10.