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Europe

BP’s latest green pledge includes fossil fuel assets sell-off

The British energy company has pledged to raise investment in low-carbon energy – including biomass and natural gas-fired hydrogen – tenfold by 2030 and said it would reduce its upstream oil and gas activity 40% over the same period.

Germany launches first auction of coal-exit compensation payments

Federal network agency the Bundesnetzagentur has announced it will retire 4 GW of coal-fired generation capacity through the exercise, which will see plant operators compete to secure one-off payments in return for shuttering, or converting operations.

Recom unveils tri-cut solar panel series

The Jaguar series, with 20.81% efficiency and 445 W of maximum output, may be a solution for installations with space constraints. The panels are based on a special cell design, which Recom describes as an evolution of the half-cut cell concept.

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The PV world ten years ago – summer series part I

pv magazine editor Pilar Sánchez Molina recollects everyday news from the PV sector of ten years ago as part of a new series. The insights offered will not only bring back memories for the pioneers of that exciting, challenging period but may also offer an idea of where we could be in 2030.

Wacker CEO hits out at Chinese rivals

Rudolf Staudigl highlighted polysilicon manufacturing overcapacity among Chinese competitors as he announced Covid-19-battered second-quarter figures for the Munich-based chemicals conglomerate.

Ireland may allocate 796 MW of solar in first renewables auction

The government has announced the provisional results of the nation’s first renewable energy procurement exercise and says the 1 TWh auction will end up allocating more than 2.2 TWh of generation capacity for an average final electric price of €0.07408/kWh.

REC Silicon sells off last remnants of Moses Lake polysilicon

The Norwegian company mothballed its Washington State facility more than a year ago and is now reliant on semiconductor-grade poly and silane gas produced at its fab in Butte, Montana – a facility for which the business says it has received plenty of interest from potential purchasers.

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English councils tender for solar car parks and storage

Two local authorities on the English south coast are tendering for up to 250 kW of solar generation capacity and at least 300 kWh of energy storage under an arrangement which should not cost the cash-strapped councils a penny.

CPV panels for agrivoltaics

Swiss startup Insolight has raised €4.6 million to bring its concentrating PV module technology to commercial production. The panels have a claimed efficiency of 30% and power output of 160 W. Originally conceived for rootop solar, the product is now being recommended as an interesting option for agrivoltaic projects.

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SolarEdge up 12% after hours on second-quarter revenue and solid earnings – despite Covid-19

The inverter and energy storage company was able to maintain its streak of profitable quarters in what was expected to be a hard period for solar and the Israeli business said it sees “signs of recovery in the U.S.”

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