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PV Crystalox receives €28 million in compensation

The British wafer manufacturer has reached a settlement agreement on unfulfilled long-term wafer supply contracts with a customer. The unnamed manufacturer has to pay €28.8 million to PV Crystalox.

Ferroglobe to open solar grade silicon factory in Spain by the end of 2018

The London-based metal alloy and metallic products provider has conducted a test on 500 kW of wafers in cooperation with the Silicon Module Super League (SMSL). In the next weeks, it will also test 500 kW of PERC cells relying on its own “black silicon”, in coordination with another Super League producer.

When the wind doesn’t blow don’t worry, the sun shines

The heatwave across Western Europe saw wind power 20% lower than usual while solar irradiance was 20% above average, according to Vaisala, a provider of measurement systems and equipment for meteorology. If this balancing effect is confirmed by further analysis, the technologies may ensure future energy supply by providing a diversified, ‘climate-resilient’ portfolio.

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Renewables body hails introduction of solar to UK capacity market

Solar – and wind – will finally bring an element of environmental consciousness, and value for money, to the system charged with keeping the lights on in Britain. Is PV finally shaking off long-held fears about its intermittent nature?

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Group buying could make up for UK loss of export payments

With a group purchasing program securing hefty discounts for British households – and attracting thousands of potential customers as a result – solar has a viable business case no matter what further cuts the government throws at the industry.

UK: Renewables can compete in balancing market, may be eligible for capacity market

Offgem has granted Limejump access to the balancing market via its VPP, meaning renewables can, for the first time, participate. Meanwhile, under its latest consultation on the capacity market, the government is considering granting access to renewables.

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Foresight Solar Fund completes acquisition of 114 MW UK portfolio

U.K. investor the Foresight Solar Fund today announced the acquisition of a portfolio of operational PV projects, following a placement of new shares in June which raised around £48.1 million.

ERG keeps investing in solar

The Italian wind energy specialist has joined forces with UK-based investment firm Quercus Investment Partners LLP to acquire another 150 MW of PV plants in Italy.

Second-life EV battery market to grow to $4.2 billion by 2025

Circular Energy Storage, a London-based research and consulting group, reports a strong business case for reconstituted electric vehicle batteries for energy storage applications. As the EV and static storage system markets grow rapidly, synergies could be a useful tool for continued cost optimization.

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Spain’s Holaluz to sell power generated at 46 MW solar park in Portugal

The solar plant was commissioned last week in Ourique, southern Portugal. The project was developed by UK-based renewable energy company Welink and Chinese engineering services provider China Triumph International Engineering (CTIEC).

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