Europe

Although it is still unclear how the victorious Socialist Party will build a majority in parliament, listed Spanish energy companies such as Solaria and Audax saw the price of their shares rise significantly after the vote.

Researchers from the Laboratory of Renewable Energy Science and Engineering at Switzerland’s Ecole Polytechnique Federale de Lausanne have developed a device which they say could “provide a pathway for device scalability aimed towards the large scale deployment of photo-electrochemical hydrogen production”.

A new project is in line with the target of the Island Council of Tenerife to cover all electricity demand with renewable energy. The development of electromobility and storage is key to the ambition.

The Verbraucherzentrale NRW says advertising for the Solstråle solar system is misleading and has warned the furniture provider and its partner Solarcentury Microgen (Deutschland) GmbH it will begin legal action if the campaign is not changed.

The first mixed auction for renewable energy technologies will be held in September and will allocate around 300 GWh. The government will apportion €20 million for solar rebates up to 2023.

The slew of new capacity will come from projects allocated from the bids received for the autumn 2018 round of the SDE+ program for large scale renewables. The Dutch Central Agency for Statistics revealed new PV additions last year were 200 MW more than predicted, at 1.5 GW, and the government last week announced net metering conditions for rooftop solar would be maintained until 2023.

Developers and manufacturers looking to enter France’s utility-scale segment must deal with controversial rules which prioritize projects relying on low-carbon emission modules. But what makes a low-emission module? Clearly ones that are made in France or elsewhere in Europe, according to market data. But despite clearly increasing project costs, the rules do not seem to be an obstacle for the planned gigawatt-scale growth of solar in the country over the coming years.

The utility claims that current market conditions are not ideal for the project, which has been under consideration since 2012. The power station was meant to replace existing lignite capacity, and according to RWE, it would have been more efficient. The company says that it will refrain from making further investments in coal capacity while increasing its focus on renewable energy and storage.

The French energy company has decided to sell its coal-fired power plants in Germany and the Netherlands to U.S.-based private equity firm Riverstone.

Scatec Solar continued to grow in the first quarter of the year, with a global pipeline of 4 GW and more capacity under construction than in operation. The company expanded slightly less than it did in the preceding quarter, but EBITDA and revenue still grew threefold year on year.