Luxembourg

Luxembourg launches 40 MW solar tender

The exercise will be open to PV projects ranging in size from 200 kW to 5 MW.

Leclanché restructure delayed

Eneris Group has suspended its financial commitments for the time being and Leclanche shareholder Fefam has provided a bridge loan of CHF34 million to give the historic company more time to set up a joint venture for large scale battery cell production in Europe.

CIGS cells for micro-concentrator PV devices

Scientists have developed a new micro CIGS cell by using an area-selective electro-deposition process as a material-saving technique. It has a conversion efficiency rate of 5.2% and a high open-circuit voltage.

Europe can be 60% powered by solar before 2050

Perhaps it is not surprising a report co-produced by Europe’s solar industry places PV at the heart of a zero-carbon, mid-century energy system on the continent. However, the study does flesh out two out of three scenarios in which becoming carbon-neutral by 2050, or even 2040, could be possible.

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Mirova raises €857m in Eurofideme 4 funding round for renewables

The investment manager is now Europe’s largest renewable energy fund. The €1.3 billion group already has a 1.8 GW generation portfolio.

Luxembourg launches 40 MW solar procurement

The exercise will be open to PV projects ranging in size from 200 kW to 5 MW.

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Luxembourg raises solar FITs

For installations with a generation capacity of less than 10 kW, the feed-in tariff will rise 36% to €0.165/kWh and all installations below 500 kW are set to benefit from an improved regulatory framework.

Europe moves further towards large-scale battery cell production

More than a dozen European ministers of economic affairs have released a statement setting out the next steps to turn Europe into an industrial hub for large-scale cell production. The role of SMEs and competition was highlighted as ministers said European cells should provide innovation in terms of raw material use and sustainability, hinting at a pivot away from lithium-ion.

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EGM vote to reduce historic battery maker’s debts

Venerable Swiss brand Leclanché is on an expansionist trail, notably in India and low-carbon shipping, but restructuring its debts will involve ceding even more control of the famous company to institutional investors.

€1 billion in green bonds issued at Luxembourg Stock Exchange

China Construction Bank Corporation (CCB) and the European Investment Bank (EIB) have each listed a €500 million bond. The bond issuance of the Chinese company was made on the newly created Luxembourg Green Exchange, a platform exclusively dedicated to sustainable finance.