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.
Perovskite tandem developer Oxford PV has completed the fit out of its 100 MW tandem cell line in Brandenburg, Germany – although the company awaits for the delivery of one perovskite deposition tool, which would complete the high efficiency cell process. Oxford PV, which in December 2020 hit a new world record cell efficiency of 29.52%, hopes to begin commercial production in early 2022.
The PV mounting system was developed by Germany-based Goldbeck and will initially be available in the Netherlands from 2022. The company will test the new technology in a 45 MW PV project.
Power Capital Renewable Power has acquired a controlling stake in an extensive solar portfolio under development by Terra Solar.
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