German scientists to develop energy-storing solar cells
The planned cell is to be based on the so-called norbornadiene-quadricyclane storage system.
The weekend read: Signs of life
European markets: Growth in solar installations returned to European shores in 2017, with some of the usual suspects posting big numbers, and several new players awakening to the possibilities of PV. Here, pv magazine provides an overview of the latest movements on the continent.
Schletter to be acquired by investors, closing financial recovery
With the acquisition by Golden Square Capital, the Germany-based PV company can finalize the plans to improve its financial status. Providing a two-digit million figure, the investor ensures that product and business development units can improve their activity in the future. Yet, cutting jobs in Germany is inevitable.
RCT Power announces battery plant in eastern China
Germany’s RCT Power will start manufacturing lithium-ion-phosphate battery storage modules in eastern China this week. The fully automated facility in Suzhou, Jiangsu province, has an initial annual production capacity of 18,000 units.
Increased bid prices recorded in German PV tender
Despite an increase in average prices, bid prices are well below €0.05/kWh. The volume of tenders was again significantly oversubscribed. Enerparc was awarded more than half of the bids.
Eon secures €5 billion to finance innogy acquisition
Eon has now secured funding required the acquisition of RWE’s renewable energy subsidiary innogy, a move that was announced in March. German regulators, and the companies’ respective boards, have not yet give the green light for the acquisition.
Nord LB finances Danish solar parks
The German bank will provide around €40 million. Part of the money is earmarked for PV projects awarded contracts in the first cross-border tender between Germany and Denmark.
Germany, Italy and Chile are better positioned for grid-parity in DG, study says
The updated version of the “PV Grid Parity Monitor” (GPM) provides an analysis for the commercial DG segment in representative cities of five countries: Germany, Chile, Spain, Italy and Mexico. Germany, Chile and Italy are the countries where good proximity to grid-parity and regulations favoring self-consumption are best combined.
EIB may finance 300 MW “unsubsidized” PV project in Spain
After securing a financial hedge for its Talasol solar plant in January, Israeli solar company Ellomay has now entered agreement with Deutsche Bank for the structuring of non-recourse senior debt financing for the project.
UK government mulls public subsidy for nuclear
Business minister Greg Clark admitted in parliament yesterday the Conservative government is considering plowing billions of pounds of taxpayers’ money into the proposed Wylfa Newydd nuclear project in north Wales.
