Western Europe

Since 2016, some $2.4 billion worth of venture capital flowed to companies developing electric aviation and other air travel decarbonization technologies with a strong start in investment volume in 2024, according to Dealroom.co, a Dutch data and intelligence firm.

Encavis operates 2.2 GW of wind and PV assets across 12 European countries.

A research group designed a solar-assisted CO2 heat pump system that can reportedly achieve a lower levelized cost of energy than gas boilers in residential building in the United Kingdom. The system has the potential to achieve a coefficient of 5.1.

BlackRock has invested €183 million ($200.2 million) in Enviria, a Germany-based company that specializes in deploying C&I PV systems, with a project portfolio currently totaling 2.3 GW.

The new product has a capacity of 5.4 kWh and is scalable up to 60 kWh. It features a depth of discharge of 100% and a rated charge-discharge voltage of 450 V.

Mitsui and MAN say they have converted a gas injection engine to hydrogen for the maritime industry, while 3M and HD Hyundai Korea Shipbuilding & Marine Engineering (KSOE) have agreed to develop large liquid hydrogen storage tanks.

Soprasolar has revealed plans to integrate Midsummer’s thin-film solar panels into its roof membranes, offering solar panels to customers whose rooftops cannot withstand the weight of silicon panels.

NatPower UK says it will bring over 60 GWh of battery storage online in the UK by 2040. It has already set aside GBP 600 million ($769.8 million) for the development of substations and says large-scale solar and wind projects will be announced later this year.

Researchers in Portugal have addressed the so-called ‘parking dilemma’ of electric cars incorporating photovoltaic modules. They looked into the tradeoff between charging the car and raising its inside temperature. They calculated the critical time as a function of the car’s solar capacity.

The module has a size of 143 mm x 143 mm and an active area of 204.11 cm². The result was certified by the Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE).