The Hydrogen Stream: Lhyfe raises €2.5 million in first crowdfunding round
Lhyfe has raised €2.5 million ($2.9 million) from 1,200 investors for four hydrogen sites in France and Germany, while the UK government has opened a consultation on injecting up to 2% hydrogen into the gas grid.
Lithuania expands energy storage scheme amid overwhelming interest
The Lithuanian Ministry of Energy and Environment has approved additional funding for its energy storage procurement program after strong interest from potential beneficiaries. Meanwhile, Trina Storage has secured the first 180 MWh of battery projects in the country under its new gigawatt-hour-scale battery energy storage system (BESS) portfolio in the Baltics.
EnBW activates 80 MW solar park in Germany below planned costs
EnBW has commissioned an 80 MW solar park in Germany built by RWE. They claim they completed the project about 10% under budget due to lower component costs and timely construction.
AleaSoft notes stability in European electricity prices
AleaSoft’s latest analysis finds the weekly average electricity price in most major European markets during the third week of July was similar to the week prior. Meanwhile, Spain broke its record for daily solar energy production on July 16.
Europe’s solar generation hit new heights during June heatwave
In a new weekly update for pv magazine, Solcast, a DNV company, reports that significant swathes of Europe saw much more solar irradiance than normal last month.
‘Leadership isn’t about being the loudest voice’
This week Women in Solar+ Europe gives voice to Jessica Klein, Head of Regulatory EU & Germany at RWE Renewables. She says working in solar it’s not just joining an industry, but also becoming part of a global shift toward a cleaner, smarter, more inclusive energy future. “Claim your space in that movement. And help lead the way,” she states.
UK parliament calls for solar supply chain law, forced labor import ban
Cross-party human rights committee says legislation needed to combat forced labor in solar supply chains, in report urging the UK government to introduce mandatory due diligence measures. Solar Energy UK expresses disappointment in committee’s portrayal of the UK solar industry.
French solar module maker CreaWatt placed in receivership
French solar module maker CreaWatt was placed in receivership on July 16, with a court hearing set for Sept. 3 to determine its future.
SolarPower Europe predicts negative annual growth of EU’s solar market
SolarPower Europe’s mid-year market analysis is forecasting negative annual growth in 2025 for the first time in almost a decade. It is expecting 64.2 GW of solar to be added this year, compared to 65.1 GW last year.
European solar installers face declining sales, installations
A German sustainability research center says a market survey shows that installation volumes and revenues are falling among large European solar installers with annual revenue above €100 million ($117.5 million).
