Italian solar fund Tages Helios raises another €43 million
The Italian fund was able to reach €250 million in funding through its fourth and final financing round.
UK energy regulator slashes subsidies for small-scale energy generators
Power generators that have less than 100 MW of capacity on the U.K. grid will see the payments they receive for supplying backup power during peak hours slashed from £45/kw to between £3/kw and £7/kw as Ofgem seeks to get a grip on consumer electricity bills.
Russia’s Rushydro expands use of solar in remote areas of its service territory
The Russian hydroelectric power producer will install more stand-alone PV plants in Yacutia’s remote areas with no access to the electricity network.
UK’s ‘stunning Sunday’ of 70% low-carbon power offers glimpse of near future
Sunny and windy Sunday afternoon in the U.K. sees carbon intensity power production level fall below 100g of CO2 per kWh for first time ever, gifting country’s energy market glimpse into future power generation mix.
Spain’s Canary Islands to launch its own solar and wind auction, seek exemption from solar tax
The government of the Spanish archipelago is planning to define the bidding rules for its own renewable energy auction by the end of July.
Bluecell halts solar cell production in Germany
Three years after acquiring the cell production business of insolvent Sunways, Bluecell has also given up. The 100 MW production equipment at the company’s facility in Arnstadt will be sold by the end of 2017.
Direct Energie expands further into solar and renewables through acquisition of Quadran
The French power utility, which is also the parent company of the independent power producer Neoen, has made another step into the renewable energy sector. The acquisition price is estimated at around €303 million.
UK University develops algorithm for fault detection
Researchers at the University of Huddersfield have developed an energy sharing platform to allow communities to share energy generated from small-scale PV. The platform also includes new systems that could allow for faster fault detection and better monitoring.
Czech Republic expands options for rooftop PV under Green Savings Programme
The scheme, which provides investment support for residential and commercial PV systems, now includes the possibility of expanding projects developed under the program’s previous phases.
Spanish government confirms bidding rules for upcoming 3 GW auction
The decree implementing the auction was published in the country’s official journal on Saturday. Solar seems to have more options compared to the previous 3 GW auction, in which only 1.5 MW of PV was contracted.
