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Western Europe

AEG launches 23.3%-efficient ABC solar panel with 40-year warranty

AEG is currently offering three versions of its new ABC solar panels for rooftop applications, with power outputs of 445 W to 455 W and efficiency ratings ranging from 22.8% to 23.3%. They feature half-cut ABC cells with n-type technology.

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Fraunhofer ISE, AMOLF reveal details of record-breaking 36.1%-efficient triple-junction silicon solar cell

The two research institutes described the triple junction device’s features in a new paper. The cell relies on a top cell based on gallium indium phosphide (GaInP), a middle cell relying on gallium indium arsenide phosphide (GaInAsP), and a silicon bottom cell.

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Alight, H&M Group sign PPA for Swedish solar parks

Solar developer Alight will own and operate three solar parks under long-term power purchase agreements (PPAs) in Sweden. The projects are expected to generate at least 24 GWh combined, providing power to fashion retailer H&M.

Germany hits 356,000 heat pump installations in 2023

Heat pump sales in Germany rose by more than 50% for the second year in a row in 2023, according to new figures from Bundesverband Wärmepumpe (BWP).

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Rising CO2 prices could make PV heat pumps cheap choice for German homes

Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) says rising CO2 prices could make PV-powered heat pumps the most cost-effective choice for residential heating in the country, with heat pump uptake and district heating adoption proving more economical than replacing gas heating.

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Enel secures €560 million for 3 GW heterojunction panel factory in Italy

Enel has obtained €560 million ($610.2 million) for a solar module factory it is building in Catania, Sicily.

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Mitsubishi HC Capital acquires 20% stake in European Energy A/S

Mitsubishi HC Capital, a Japanese investment firm, has become the second-largest shareholder in Danish renewable energy developer European Energy A/S by acquiring the equivalent of 75 million shares. Knud Erik Andersen, the CEO of European Energy, says the transaction more than triples the company’s equity.

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The Hydrogen Stream: H2 Green Steel gets $7 billion for production in Sweden

H2 Green Steel has secured funds to produce green steel in Sweden, while ZeroAvia has locked down support to develop a mobile liquid hydrogen (LH2) refueling truck for heavy-duty applications.

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Hyundai acquires stake in German PV recyling specialist Flaxres

Flaxres says it will leverage Hyundai’s capabilities to expand its business outside of Germany. The company has developed a solar module recycling technology that is based on short-term high-temperature heating using flash lamps.

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Soly raises €30 million for European expansion

The Netherlands-based home and office energy specialist raised capital to expand its offering into Italy, Spain, France, and Scandinavia. It is already active in Netherlands, Belgium, Germany, South Africa, and the United Kingdom.

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