Greece held its last round of renewable energy tenders in Athens on Thursday, resulting in the lowest tariff ever awarded to a renewable energy project in the country.
The German manufacturer has started to produce its first commercial storage systems at its new plant under strict safety precautions due to the ongoing Covid-19 pandemic. The facility’s current annual capacity is set at 255 MWh, but the company aims to eventually expand that to 1 GWh.
In a recent chat with pv magazine, Jason Tundermann – vice president of business development at U.S. trading advisory service LevelTen Energy – predicted a better-than-expected scenario for corporate clean-energy PPAs on the Old Continent. He said the net value of long-term PPA offers has not dropped dramatically, offering hope to corporate buyers.
The so-called Optiverter is an all-in-one residential solution developed by startup Ubik Solutions and researchers from Estonia’s TalTech Power Electronics Research Group. The developers claim that the new solution can provide 30% more power than traditional microinverters under partially shaded conditions.
The Swiss equipment supplier already needed to shore up its bottom line and is now taking measures to help combat the spread of an epidemic which has also claimed November’s planned climate summit in Glasgow and an estimated 19% of this year’s demand for energy storage.
Minister of the Ecological and Inclusive Transition Elisabeth Borne told a teleconference of renewables representatives the results of a recent slew of clean energy tenders which allocated 1.7 GW of generation capacity and also revealed new measures being taken to support the industry.
Australian company Infinity Lithium has signed a memorandum of understanding with the European Battery Alliance to promote its lithium mine project in San José, Extremadura. It would be the first lithium project to obtain European financing but has already raised the hackles of local environmentalists and residents.
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