The U.S. cell manufacturer announced a partnership with Italian manufacturer Coveme to accelerate the development and commercialization of Natcore’s latest cell innovation.
The Italian utility is laying the foundations for solar cell production at its PV panel manufacturing facility. The final goal of the project is 1 GW commercial cell production. Meanwhile, Enel Green Power has secured the PPA for a 34 MW PV facility in Zambia, and has broken ground on a 238 MW solar park in Mexico.
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.
The renewable energy unit of Italian utility Enel installed 763 MW of additional solar capacity in 2016. Most of this capacity is located in Latin America and South Africa.
The Italian PV market maintains its path of stable growth in January with approximately 25.7 MW in new systems. Meanwhile, the local government agency GSE has published new rules for the revamping and repowering of existing installations. The Italian renewable energy sector believes that the new rules will create new business opportunities for both solar manufacturers and developers.
Italy’s ENEL will invest €80 million ($84.4 million) to convert its PV module manufacturing facility, in southern Italy, from amorphous silicon to bi-facial heterojunction modules. ENEL expects to launch its new modules in 2018 and to reach a capacity of 240 MW in 2019.
The Italian solar market grew by 22% in 2016. The country added 369 MW of new PV systems last year. This growth was mainly driven by tax breaks for the residential sector and the regulation for self-consumption. Most of these systems have a power of up to 100 kW.
The €2.5 million EU Horizon 2020 project coordinated by HZB tests materials to stabilize a membrane for photovoltaic-based hydrogen production.
The London-headquartered renewable energy merchant bank signs share purchase agreement to acquire five Sicilian solar parks built by SunPower and developed by Italy’s Veronagest SpA.
With this action the independent power producer has halved the value of its outstanding bonds, and will reduce its annual interest costs by 50%.
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