Work never stops for big solar parks in Spain
The Balearic Islands have decided to fast-track a 42 MW solar project, which would raise the three island’s total installed generations by one third. Iberdrola has secured a PPA for its 391 MW Nuñez de Balboa projects. Moreover, several other PV projects have obtained approval from regional authorities.
Germany’s Brandenburg launches home storage incentive program
Starting from now, subsidies for up to 1,000 residential solar-plus-storage systems can be requested from the Investment Bank of Brandenburg.
EU commits €578 million for Iberian-EU energy market integration
Spain, Portugal, France and the European Commission have signed a deal to increase the capacity of the energy interconnection between the Iberian Peninsula and Europe. Currently, the interconnection capacity is 6,000 MW and, thus, far from the 15% goal set in 2015.
2017 saw UK switch away from coal, gas to renewables
While they remain the dominant source of energy supply, there was a shift away from fossil fuels to renewable energy in the U.K. last year. The country is “comfortably” on track to exceed its 30% renewables target, says the government.
Germany prevents China from joining 50Hertz
The Chinese state-owned State Grid Corporation of China has been attempting to acquire a 20% stake in German transmission system operator, 50Hertz for some time now. After the intervention of Germany’s Federal Government, however, this share will now go to domestic development bank, KfW.
Turkey’s Smart Energy talks quality and customer proximity – Video interview
Turkish EPC and module manufacturer, Smart Energy highlighted the importance of high-quality products and the perks of operating a giga-fab right at the gates of Europe to pv magazine at this year’s Intersolar Europe.
Italy’s Terra Firma sells solar platform RTR for €1.3 billion
Italian PV asset manager, Terra Firma has sold its solar energy platform for €1.3 billion to Italian infrastructure investor, F2i.
Total looks to Chinese EV market
Oil and gas company Total has announced it will work alongside Shanghai-based NIO – the world’s inaugural Formula E champion – to develop products for a potentially huge electric vehicle marketplace in the populous Asian nation.
UK green lights fracking days after targeting small-scale renewables
Decision comes just days after business and energy department prepares to end export payments for solar households, and with parliament in its summer recess. The permit has outraged green groups, the opposition Labour Party and nearby residents.
Monitoring consolidation: AlsoEnergy acquires skytron, Draker
The renewable energy software company will keep the skytron brand and platform, as well as providing services for Draker’s customers.
