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Europe

Moldova’s new renewable energy law comes into force, solar expected to see first growth

A new renewable energy law will come into force in the Eastern European country on April 1. Solar and wind are expected to see their first development in the country after several years of almost zero-growth.

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Lightsource brings 38 MW of solar capacity online in Northern Ireland

The British renewable energy developer commissions 32 MW solar energy project comprising five interconnected sites, and further 6 MW installation at Millar Farm in Antrim.

Redox flow batteries on the rise

Video interview: prices for redox flow batteries are sinking, while installed capacity increases steadily. Lorenzo Grande, technology analyst at IDTechEx, explains here the opportunities and limitations of flow technologies, and how the related market will likely develop.

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Greece installs first virtual net-metering PV; awaits ministerial approval

Greece’s first virtual net-metering PV system is installed on the rooftop of a school in Thessaloniki, the country’s second biggest city. The system is funded by Greenpeace Greece but is not yet connected to the grid, as it is waiting for a ministerial decision facilitating virtual net metering.

Fraunhofer ISE and EVG set 31.3% efficiency for silicon multi-junction solar cell

The German research institute and the Austrian semiconductor specialist have achieved a 31.3% efficiency for a silicon-based multi-junction solar cell. The result improves the previous record of 30.2%, which was also set by EVG and Fraunhofer ISE.

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EIB and Eiffel Investment Group launch €200 million clean energy fund for bridge financing

The European Investment Bank and Eiffel Investment Group have launched a fund devoted to investments in the green economy in France and Europe. The fund will provide bridge financing for, among others, projects in the solar and storage sectors.

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Uzbekistan set to launch 500 MW solar plan

The Government of Uzbekistan announced that five 100 MW solar plants will be installed in the country in the period 2017-2021. Total investments for the plan are expected to reach $1.1 billion.

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PV Crystalox posts lower shipments and revenue for 2016, closes UK ingot production

The UK-based polycrystalline wafer manufacturer posted a decrease in shipments and revenue in 2016. Its UK ingot production is expected to be closed this year due to “deteriorated” market conditions.

Enetronica reports revenue and profit drop for 2016

The Italian solar developer saw its turnover and profits decline slightly last year. The company acquired Italian solar inverter manufacturer Elettronica Santerno in late 2016.

Power grids will be increasingly stabilized by storage systems

Video interview: Holger Ziegler, Senior Consultant at DNV GL, explains at the Energy Storage Europe 2017 why the stabilizing of electricity grids will boost the storage market, and also discusses the future prospects for this business model.

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