Western Europe

Innogy to invest €1.2 billion in PV, electric cars, fiber networks

Germany’s Innogy has revealed plans to invest €1.2 billion ($1.4 billion) in PV, electric mobility and broadband technologies such as glass fiber networks by 2019.

Singulus to post loss

Singulus Technologies has revealed that more than half of its capital stock has been used up, as it expects to record a loss for the financial year in progress of €16.7 million ($19.9 million). 

Cambridge scientists say perovskite-based PV cells can achieve maximum 30% efficiency

Researchers from the University of Cambridge and Italy’s Politecnico di Milano have set a time limit for ultrafast perovskite solar cells and have quantified the speeds at which future solar cells would have to operate in order to increase efficiency.

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France reveals winners of 150 MW tender

The French government has announced that 310 projects were selected in the second 150 MW round of its 1.45 GW tender scheme for rooftop PV. The next round will be held in November.

Total to acquire 23% stake in French developer Eren RE

France-based oil giant Total has agreed to acquire a 23% stake in French renewable energy group Eren RE for €237.5 million ($282.6 million).

Fortum wants to buy Uniper shares for €3.8 billion

Finnish energy group Fortum could take over a 46.65% stake in Uniper from Eon, with a deal expected to be made as early as the start of 2018. Eon hopes to see proceeds of €3.8 billion from the sale.

U.K. not doing enough for climate at expense of renewables, says NRDC

The U.K. is still investing in biomass generation, but the authorities should focus on deploying solar and wind to meet the country’s electricity needs in a more cost-effective manner, the Natural Resources Defence Council (NRDC) says in a new report.

U.K: Local government invest in partnership with British energy firm Centrica

In a bid to exploit their Solar PV potential, R&D centres at Centrica have developed a battery capable of storing energy for use to boost solar capabilities of council over energy distribution.

Finnair completes first PV installation at Scandinavian airport

Finnwind Oy has installed modules from Indian manufacturer Vikram Solar, a strategic partner for PV installation in Finland.

Luxembourg launches new incentive scheme for residential and commercial PV

The incentive scheme includes a FIT mechanism and rebates covering up to 20% of the investment for the deployment of a PV installation. The progam is open to PV installations with a capacity of up to 200kW.