Italian solar company changes hands
The operations and maintenance and the engineering, procurement and construction arms of PV company Enerray have been sold off by troubled industrial conglomerate Gruppo Industriale Maccaferri for cash, transferring 240 MWp of Italian generation capacity to the management of rival LT Renewables.
EU opens applications for €10bn, ten-year clean tech innovation fund
Funded by the bloc’s Emissions Trading System, the warchest will look to spend more than €10 billion on bringing clean energy innovations to market over the next decade. The scheme will work with other green recovery programs to secure jobs and lay a foundation on which to restart the European economy.
Covid-19 weekly round-up: Module prices fall as big solar starts to recover in Germany
Plus, there is hope of a bright new dawn with proposed legislative changes in Europe and the U.S. even as the solar equipment industry hits new lows and cyber attacks reportedly increase in frequency.
European Council resists calls for Just Transition Fund cash to be available for gas and nuclear generation
The heads of state of the 27 EU member states agreed to resist calls from a reported eight countries to expand the nature of projects eligible for energy transition support beyond renewables.
Affordable hydrogen-fueled flight possible in 2035
Hydrogen-fueled aviation has a realistic chance of helping the sector achieve climate goals, according to a European Union-commissioned study.
Covid-19 weekly round-up: Ups and downs from the US residential market and one Swedish city tries to attract Europe’s best and brightest
Industry body SolarPower Europe is trying to stay bullish about the lingering effects as the continent starts to come out of lockdown and one analyst has predicted a healthy large scale solar market will carry the US through the crisis.
French bifacial standards measure up
A global assessment of bifacial testing methods conducted in Singapore has endorsed the approach taken by France’s Institut National de l’Énergie Solaire.
Covid-19 weekly round-up: It is still unclear how the crisis will play out on various solar segments, although one US installer says business has never been better…
Module price falls driven by the energy demand slump and Chinese oversupply may reverse at the end of the year, Germany appears immune to the Covid rooftop curse and emergency funding has been offered up to EU businesses affected by the crisis.
Climate-friendly businesses can secure €500,000 EU investment to get through Covid crisis
A cash fund is offering financial aid to start-ups and SMEs to mitigate the effects of the public health crisis. The grants will convert into a stake in the recipients at a future date.
Used EV batteries for large scale solar energy storage
MIT scientists have suggested used electric vehicle batteries could offer a more viable business case than purpose-built systems for the storage of grid scale solar power in California. Such ‘second life’ EV batteries, may cost only 60% of their original purchase price to deploy and can be effectively aggregated for industrial scale storage even if they have declined to 80% of their original capacity.
