Europe

Fraunhofer ISE announces 22.3% efficiency for polycrystalline solar cell

The German research institute said this new result has beaten its own world record, which it set in Februrary reaching a 21.9% efficiency.

Sonnedix refinances Spanish solar portfolio for €74m

The Spanish renewable power developer has announced a non-recourse finance package for 18.17 MW of installed solar PV capacity in Spain.

Innogy to invest €1.2 billion in PV, electric cars, fiber networks

Germany’s Innogy has revealed plans to invest €1.2 billion ($1.4 billion) in PV, electric mobility and broadband technologies such as glass fiber networks by 2019.

Singulus to post loss

Singulus Technologies has revealed that more than half of its capital stock has been used up, as it expects to record a loss for the financial year in progress of €16.7 million ($19.9 million). 

Cambridge scientists say perovskite-based PV cells can achieve maximum 30% efficiency

Researchers from the University of Cambridge and Italy’s Politecnico di Milano have set a time limit for ultrafast perovskite solar cells and have quantified the speeds at which future solar cells would have to operate in order to increase efficiency.

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France reveals winners of 150 MW tender

The French government has announced that 310 projects were selected in the second 150 MW round of its 1.45 GW tender scheme for rooftop PV. The next round will be held in November.

Poland to auction off PV projects above 1 MW by end of 2017

Solar projects with a capacity above 1 MW will compete with wind projects in a 150 MW renewable energy auction to be held in Poland by the end of this year, according to local research institute IEO.

Total to acquire 23% stake in French developer Eren RE

France-based oil giant Total has agreed to acquire a 23% stake in French renewable energy group Eren RE for €237.5 million ($282.6 million).

Fortum wants to buy Uniper shares for €3.8 billion

Finnish energy group Fortum could take over a 46.65% stake in Uniper from Eon, with a deal expected to be made as early as the start of 2018. Eon hopes to see proceeds of €3.8 billion from the sale.

Russia: Hevel completes construction of 20 MW solar park

A 20 MW solar project featuring heterojunction modules is the first one of its kind in Russia. Hevel announces further expansion of its HJT module production to 220 MW.