Europe

The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.

A recent ruling of the Belgian constitutional court has canceled the 15-year grace period granted to residential PV system owners to keep operating under net metering despite the arrival of smart meters. The Flemish government said it will provide some compensation for the financial losses that this decision will cause.

Scientists in Spain and Colombia took a closer look at the degradation mechanisms affecting perovskite solar cells, and developed a new, high throughput method to characterize their performance in an outdoor setting. The group evaluated the method through outdoor testing on perovskite modules manufactured in a lab. it expects its findings to offer easier device characterization and better understanding of the degradation mechanisms affecting perovskite solar cells, both important factors in the technology’s development.

European renewables, including Spanish solar, made big gains as energy demand recovered before the second wave of Covid infections. Nuclear was a notable loser, in part because clean energy volumes in the north of the continent drove down power prices sufficiently to make reactors uncompetitive.

German scientists have designed a manufacturing process to reduce the thickness of the molybdenum diselenide interface layer in kesterite solar cells. They used two different configurations of silicon-oxynitride diffusion-barrier layers.

The procurement exercise has been planned for the first quarter of the year.

Spain’s Repsol will develop a €4.5 million ($5.5 million) pilot project to produce green hydrogen with floating PV for the Santander Port Authority. It will be completed in December 2023.

Kyiv’s Commercial Court has begun hearing a case that could be of interest to solar developers with a stake in Ukraine’s solar sector, or those looking to buy into the country’s energy market. For nearly a year the grid connection of a solar plant had been capped by an adjacent metal producer. The legal proceedings could prove a test for Ukraine’s suitality to provide sufficient investor protection, the plaintiff stated ahead of the trial.

The two companies want to test a floating PV array under harsh weather conditions in rough waters for at least a year. The system will be based on a floating solar technology developed by Maritime Moss, a unit of Saipem.

The tile has a power output of 45 W, an open circuit voltage of 5.63 V and a short-circuit current of 10.12. The product costs $1.38/W and has a 25-year performance guarantee