Europe

Called GC PowerNest, the battery has a storage capacity of 5kWh and a voltage of 51.2V. It is scalable in an eight-stack configuration, thus reaching a capacity of up to 40kWh.

German renewable energy producer Trianel plans to buy solar power from residential PV systems via mini power purchase agreements, starting from the second quarter. It will then sell the electricity to the energy futures market.

The Chinese-Canadian company has secured the signature of Swiss energy business Axpo as offtaker for around 109GWh of solar electricity over a decade, with the clean power to be produced at Canadian Solar projects in Lazio and Sicily.

The country’s cumulative installed PV power reached 14.3GW at the end of 2021.

The European Commission yesterday announced its intent to remove demand for two-thirds of its Russian gas supply in less than nine months and hugely accelerating the rate of solar deployment is a central part of its radically raised clean energy ambition.

The country’s cumulative PV capacity reached 22.56GW at the end of December.

Conceived by researchers in Estonia, the device is claimed to be compatible with both crystalline silicon and thin-film BIPV panels and to manage, easily, different voltage levels. It can be applied either in solar facades or BIPV rooftop arrays.

Developed by a Dutch consortium, the Hide and Shine Floating Solar (HAS FPV) technology is claimed to be extremely resistant to storms and harsh weather conditions. The modules can be submerged totally or partially and, in case of a severe storm, they can be submerged up to two meters below the surface.

German and Swiss researchers have published a new study that questions the idea of a continual decrease in renewable energy costs, given the reality of rising interest rates and higher carbon prices. They outlined a scenario in which interest rates could rise by up to 5% and public incentives for renewables would be gradually phased out. This could result in a loss of 535GW of new renewables capacity, compared to a scenario in which interest rates remain at current levels.

The London-based analyst has published a series of clean tech predictions for the year which also highlighted the rising proportion of sub-5MW solar projects in the global market, and cheaper clean energy financing costs even as panel prices continue to rise.