The Kazakh state-owned national atomic energy company has sold its three manufacturing units to an international consortium. The sale of its solar business has been planned since May 2017.
The companies have invested €17 million in the project. The energy stored, in the Brandenburg project, will be used to stabilize the grid and minimize the curtailment of wind farms.
Researchers claim the cell they have developed is able to retain 90% of its efficiency after 1,000 hours under extreme light and heat conditions.
The Portuguese government has approved legislative amendments that it says will facilitate its plans to auction off 1.35 GW of solar capacity this summer. The Portuguese energy minister, meanwhile, said that the government hopes to see €6 billion of investment in solar by 2030.
Spain’s Holaluz has agreed to buy electricity from up to 500 MW of solar capacity that China’s Chint Energy plans to build in Spain. The investment has been estimated at roughly €350 million.
Copenhagen Infrastructure Partners’ new fund, CIP New Markets Fund I K/S, will invest in renewable energy infrastructure, including solar, in countries throughout Latin America and Asia.
The UK Labour Party has revealed plans to facilitate the installation of solar panels on 1.75 million homes, with a particular focus on low-income households.
The Finnish utility has switched on a 5 MW/6.2 MWh lithium-ion battery storage system at a hydropower plant in Sweden.
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