United Kingdom

British headquartered perovskite startup, Oxford PV has received an additional GBP 8.02 million (US$11.2 million) in funding from existing investors. The company states it will use the funds to continue its development of commercially viable perovskite-on-silicon tandem cells.

A team of scientists at Warwick University in the U.K. has discovered a method for altering the structure of a semiconductor at the nano level which, it says, could push cell efficiencies of several materials beyond their theoretical limits.

The governments of the U.K. and India have announced a new green fund, managed by Lightsource BP and the Everstone Group, which will see up to £500 million invested in green energy in India. The U.K. has also joined the Indian-led International Solar Alliance (ISA).

The 2.7 MW installation will be located at the luxury car maker’s factory headquarters in Crewe, England, and will meet 24% of the site’s electrical energy requirements.

Rise in small scale solar contributing towards new trend of falling summertime peak transmission system demand on U.K. grid, says outlook report. Inflexibile gas and nuclear plants may be curtailed to make way for solar and wind.

Scientists led by Cambridge University have discovered that adding a simple solution of potassium to the ink solution has the effect of ‘healing’ defects in metal-halide perovskite films, and immobilizing ion movement. This, according to the researchers, could push the material to higher efficiencies, while also increasing stability.

U.K. Chancellor, Phillip Hammond’s Spring Statement was delivered to the House of Commons earlier this afternoon. While the announcement did include provisions for greener products and services, and support for cleaner vehicles, solar and renewable energy were not mentioned specifically.

German energy storage provider Younicos is introducing C&I battery storage systems on a rental basis. The company says service is ideal for offgrid industries such as the mining sector.

Private equity firm, Gore Street Capital is planning an IPO for an investment fund focused entirely on utility-scale energy storage projects, to be listed on the London Stock Exchange. The fund already owns three storage projects in the U.K., and is seeking to raise GBP 100 million in initial investment.

The already operational power plants sold for US$267.7 million comprise 272,000 Canadian Solar modules in total. Canadian Solar is set to provide operations and maintenance services to the plant, which could generate up to 142,000 MW per year for its new owner, based in the U.K.