Luxembourg

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

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.

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.

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.

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

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

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.

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.

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.

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.