Energy Infrastructure Partners (EIP) says it will become the majority shareholder of BayWa re with a €150 million ($157.4 million) investment in a 65% stake, in order to support the company’s restructuring efforts. The deal is still subject to antitrust approval.
An international team investigated repeated thermal stress on metal-halide perovskite solar cells and has proposed strategies to boost resistance to degradation effects of diurnal cycles or geographical conditions.
A draft ministerial decision envisages the installation of 3.55 GW of standalone battery energy storage systems which will be granted priority connection to the transmission or distribution grid and operated on a merchant basis without subsidy support.
Air Products is pulling out of three US projects due to unfavorable economics and regulatory changes. The company says it remains focused on its Neom green project in Saudi Arabia and the Louisiana Clean Energy Complex
Two solar and storage projects in development near Wrexham, North Wales, will supply power to a nearby sewage treatment works. Construction work on both sites is due to “commence shortly,” according to the developer.
Spring 2025 power purchase agreement (PPA) negotiations should take greater account of risk, according to a new report from LCP Delta’s Power Insights service. The research firm has warned that setting strike prices too high could leave offtakers out of pocket, risking future agreements that are key to supporting solar deployment.
Construction company Viebrockhaus made the move after an incident in Schönberg where a home fitted with a solar-plus-storage system suffered an explosion which destroyed a wall of the house. The builder, and battery maker LG, have put some units into standby mode and others have had their operating capacities reduced.
The new product series uses R-454B as the refrigerant and is available in four versions.
Spain’s H2 Fusión says its Solar Heat PR5 system uses PV energy to produce hot water for self-consumption in industrial buildings, reaching temperatures of up to 92 C.
The company said the new product uses up to four lithium iron phosphate (LFP) batteries. It is equipped with a single 180 kW or 2 x 90 kW chargers and multiple three-phase sockets.
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