Solarpower Europe has released its estimates for Europe’s installation figures in 2018. A reduction in system prices and a policy push boosted solar across the continent. And if the trade association’s CEO is to be believed, the newfound growth has just begun.
Under the new rules, expected to come into force by the end of the year, Russian residential PV system owners will be able to sell excess power to the grid. The provisions were discussed for almost two years before yesterday’s vote.
Russian module manufacturer Hevel will deploy 1.2 MW of solar at an hydropower facility operated by local energy provider Rushydro in the Amur region. The solar installation is intended to help the company better manage the power plant, while also reducing its operational costs.
Carbon Tracker has released a report claiming it is cheaper, in many markets, to construct new renewable generation assets instead of running legacy coal-fired power plants. Billions could be saved for customers, while profits in the two-digit billion-dollar range look set to be lost by the coal industry.
For the production of its heterojunction modules, the Russian manufacturer will cooperate with the German PV engineering provider for the supply of stringers and adhesive technology. To this end, Hevel has ordered new stringer systems and layup from Teamtechnik.
Solar DAO, a digital, autonomous, closed-end, utility-scale PV project investment fund, has announced its partnership with Powerchain, decentralized platform for energy storage, which allows prosumers to buy, store and sell energy.
A group of Russian researchers has found out that under resonance conditions, the Pyramid of Giza can concentrate electromagnetic energy in its internal chambers. This discovery, the scientists claim, may also be used to develop high efficient solar cells.
With completion scheduled by November 2019, the Khorinskaya PV facility will be the second solar park to be built by the Russian solar module manufacturer in the Republic of Buryatia.
A team of scientists led by Russia’ National University of Science and Technology (NUST MISIS) has made a discovery that allows them to better control excitons in a multi-layered semiconductor. In time, the discovery could lead to the development of unique new solar cell materials.
Hevel Solar and Fortum won the 148.5 MW worth of solar PV projects awarded in the auction. The Finnish utility, however, proposed a project CAPEX, which was almost half that of the Russian company’s.
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