Paris intends to secure 34 GW of solar, onshore wind and hydroelectric generation capacity by 2026 by offering generators premium payments – determined by competitive reverse-bidding among developers – to top-up the market electricity price.
The latest update to the Photovoltaics Report produced by research organization the Fraunhofer ISE has offered up the usual slew of interesting stats on the state of solar across the continent.
The TotalEnergies-controlled solar manufacturer will secure an, as yet undetermined chunk of a new €118.6 million low-carbon innovation fund to start producing its frameless, glass-free solar roofing products at Porcelette, in northeastern France.
The developer secured a ten-year power purchase agreement from Statkraft in June last year for almost all of the power expected to be generated by the unsubsidized plant in southwestern Spain.
With Australia prepping plans for vast green hydrogen and ammonia production facilities, two of the country’s state governments are trying to drum up the end-user market as agreements are signed to drive use of the gas in Ukraine and Poland.
Last week’s announcement Oxford PV wants to wind up its “exclusive cooperation” with Meyer Burger after the fit out of its 100 MW German factory points to a potential divergence in strategies. And with Meyer Burger considering legal action in response, it could result in a messy, disruptive separation.
New tech which can store power for longer than four hours can secure up to €14 million each towards their demonstrator project costs.
Meyer Burger claims machines to produce perovskite tandem solar cells are still missing at Oxford PV’s manufacturing plant in Germany’s Brandenburg an der Havel. Despite this, Oxford PV terminated the cooperation with the turnkey machine supplier in a surprise move last week. The Swiss technology group, which now produces its own heterojunction solar cells and modules in Germany, is now considering legal action.
The decision of the Italian energy firm to acquire a 2.8 GW-plus solar pipeline in Spain and France has come on the same day it was announced Eni would assume 1 GW of solar capacity in Spain from another business. The value of neither deal, nor the form of finance involved, has been revealed.
Independent asset manager Azora is selling the renewable energy portfolio, which includes five large solar PV parks totaling 1 GW in advanced stages of development, located in Andalusia, Castilla-La Mancha, Castilla y León, Catalonia, Galicia, and La Rioja, to Eni.
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