The European Solar Manufacturing Council has been launched at EU PVSEC in Brussels. Participating research institutes, mechanical engineers, material and PV manufacturers stress the importance of having big solar manufacturers in Europe.
The EU-funded research project has presented its first results. Its goal is to examine different regulatory frameworks for prosumers with photovoltaic systems in eight European countries.
The sunny, dry summer has seen solar break several records and PV kept the lights on when a lack of coolant – caused by rising river water temperatures – led to the temporary shuttering of conventional power plants in France and Germany.
New quarterly figures from Bloomberg New Energy Finance (BNEF) show that investments in solar PV arrays of less than 1 MW hit US$14.3 billion worldwide in Q1 against 10% year-on-year contraction in global renewable investments.
After releasing the guidelines for the grid integration of distributed generation power generators in February, the Energy Community Secretariat has now provided new instructions to help governments of southeastern European countries launch auction mechanisms to support large-scale solar and renewables.
Aurora Energy Research report calculates as much as €180 billion renewable investment opportunities in the region through to 2030, of which €64 billion could be for subsidy-free projects.
The analysts forecast further solar growth for this year, with the Spanish market expected to become Europe’s fifth-largest in 2018.
The European Commission stated that capacity mechanisms in these five electricity markets are in line with EU state aid rules, and that all of the mechanisms are “well-designed”. SolarPower Europe says further supporting most polluting power generation forms through capacity mechanism simply does not make sense anymore.
The Swedish Energy Agency has granted SEK 146 million to support Northvolt Labs’ large-scale battery manufacturing plant in Västerås, Sweden. Project already secured financial backing from ABB, Vestas and Scania.
Global solar installations could reach about 106 GW this year, largely on the back of high deployment in China and an anticipated demand recovery in Europe, according to a recent report.
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