Luxembourg

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.

Luxembourg to allow use of mini solar systems

The Ministry of Economic Affairs is currently working on a new Electricity Market Act. In the future, the use of plug-in solar devices in Luxembourg should be allowed. Furthermore, self-consumption from solar sources may be exempt from paying the electricity tax.

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Luxembourg scientists provide new insight on how sodium can be used in thin film solar cell manufacturing

The research team found that sodium, contrary to common belief, does not decrease per se indium and gallium interdiffusion, but instead hinders intergrain diffusion by segregating at grain boundaries.

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Luxembourg launches tender for solar over 500 kW

The government of Luxembourg has also adopted a new draft legislation aimed at regulating self-consumption and promoting the active role of prosumers.

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