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