Orix to buy 80% stake in Spain’s Elawan Energy
Japanese financial services giant Orix has agreed to buy an 80% stake in Spain’s Elawan Energy, as part of its plans to develop solar and wind projects.
EBRD finances 100 MW Uzbek solar park with $60 million
The PV plant will be deployed in the Navoi region of Uzbekistan by UAE-based developer Masdar.
Artificial intelligence in photovoltaic production
Five scientific institutions in Germany are currently working together on self-learning production plants that use process data for the permanent optimization of manufacturing. The initiative is aimed at making the settlement of photovoltaic factories in Germany and Europe attractive again.
Work begins on Spain’s largest PV plant for self-consumption
The facility is expected to cover around 25% of the consumption of the Brilen / Novapet industrial complex, located in the Polígono Valle del Cinca de Barbastro, in the eastern Aragon province of Huesca.
Merchant PV project announced in Italy
Italy’s Tages Group is planning to build a 4.5 MW solar plant in Sicily and sell the generated electricity to the spot market.
Power-to-X may cover 28% of global energy demand by 2050
The so-called powerfuels are primarily required for sectors that are difficult to electrify, such as aviation and shipping, as well as for the processing of raw materials. This is shown by a new study by Finland’s LUT University and the German Energy Agency.
Scotland stimulates hydrogen economy with £100m investment
Scotland aims to install 25 GW of electrolyzer capacity by 2050.
Oxford PV retakes tandem cell efficiency record
Perovskite developer Oxford PV has set a new world record for perovskite-silicon tandem cell efficiency at 29.52%, edging out the previous record set less than a year ago by Helmholtz Zentrum Berlin. The new record has been certified by the U.S. National Renewable Energy Laboratory.
Solar claims all the 700 MW allocated in Poland’s latest small-scale renewables auction
Once again, solar was the only technology competing in the procurement exercise for renewables not exceeding 1 MW in size. The ERO reported a minimum price of PLN228.7/MWh ($61.2), which compares to PLN269.0 a year earlier.
Germany’s tender for utility-scale PV concludes with lowest price of €0.0488/kWh
The German authorities allocated around 257 MW in the latest round of the tendering scheme for PV projects exceeding 750 kW in size.
