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All articles of topic Markets & Money

pv Europe spoke  with Anna Werner, CEO of Swedish solar association Svensk Solenergie.
Sweden:

„Many farmers also want to harvest solar power“

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Interview: Anna Werner, CEO of Svensk Solenergi, about the growing PV market in Sweden, the wish of many farmers to harvest more solar power and the need for simpler permitting for solar parks especially in Southern Sweden.

The two new solar rooftop projects in France are also co-financed by local citizen crowdfunding.
Financing:

France:  4.35 MW solar rooftops co-financed by crowdfunding

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Dhamma Energy and Banque Palatine executed the financing agreements for the solar rooftops La Coucourde (3.05 MW) and Valreas (1.3 MW) in Southern France.

Last year, Poland recorded the increase in the installed PV capacity by nearly 2.5 GW.
Financing:

Poland: Financing agreement for 91 MW PV projects

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BNP Paribas Bank Polska and Santander Bank Polska signed the agreement for PLN 242 million (EUR 53 million) on the financing of R.Power solar power plants’ portfolio

The prizes were awarded online as part of The smarter E Industry Days.
The smarter E:

Intersolar Award 2021: Three winners announced

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The Mylar UVHPET photovoltaic (PV) backsheet with recycled content, the MarcS modular PV construction system, and the Hi-MO5 high-power bifacial module for large solar parks are the winners of the Intersolar Award 2021.

The award ceremony for The smarter E Award 2021, the Intersolar Award 2021 and the ees Award 2021 was held online as part of The smarter E Industry Days from July 21 to 23, 2021.
The smarter E:

The smarter E Award 2021: Here are the winners

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BayWa r.e Solar Projects, Boreal Light, and Siemens Gamesa Renewable Energy have been announced as the winners in the Outstanding Projects category of The smarter E Award 2021. The prize in the Smart Renewable Energy category was awarded to HPS Home Power Solutions.

Defying expectations in light of the Covid-19 pandemic, solar power has performed much better in the last year.
Global Market Outlook:

Solar power on track for terawatt scale by 2022

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Today, SolarPower Europe released its new Global Market Outlook during The smarter E Industry Days event. The report provides market intelligence for the global solar sector for 2020, and forecasts capacity for 2021–2025.

Intersolar turns 30:

From local exhibition to international flagship

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After three decades of working towards a sustainable energy supply for the future, Intersolar is celebrating its 30th anniversary this year. Here is a look back at the last 30 years:

The EU Commission presented its "Fit for 55" climate program yesterday, carbon prices already responded.
EU climate policy:

Carbon price rallies in response to EU ‘Fit for 55’ package

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Refinitv Carbon Research welcomes the climate protection package "Fit for 55" presented yesterday by the EU Commission and points to CO2 prices that have already been tightened in the short term, which will benefit renewable energies.

From now on, customers from Switzerland have the opportunity to purchase IBC Solar products without having to deal with import regulations.
Cooperation:

IBC Solar and Fankhauser Solar strengthen their cooperation

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As a result of this cooperation, the PV and energy storage portfolio of the German system house will now also available in Switzerland.

Despite the COVID-19 pandemic and the negative economic consequences it had, the solar power sector in Germany is experiencing a significant growth.
Poland:

R.Power enters Europe's largest PV market

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The leader of the Polish photovoltaic sector, currently developing nationally a portfolio of projects with a capacity of more than 4 GWp, has announced that it has signed a cooperation agreement with one of the key developers of PV farms in Germany.

Responsible solar initiatives can help help finance lasting economic, social and racial justice.
First Solar:

Responsible solar for underserved communities

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First Solar has invested $11 million in efforts to revitalize American communities and bridge racial gaps in health, wealth, and opportunity.

The new report  finds that it will cost an annual 10–24 billion euros until the end of this decade to support the use of renewable hydrogen in line with the EU targets.
Agora Energiewende:

Make renewable hydrogen cost-competitive

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The expansion of renewable hydrogen in the EU calls for policy support in the order of 10–24 billion euros a year until the end of this decade. A new study outlines which policy instruments are essential for renewable hydrogen’s successful market uptake – and its economic competitiveness.

The installed photovoltaic capacity in Austria is to be increased sevenfold by 2030.
Energy transition:

Austria passes renewable expansion law

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Austria wants to meet 100 percent of its electricity needs from renewable sources by 2030. The National Council has now passed the Renewable Energy Expansion Act, which is intended to promote photovoltaics and wind power in particular.

Hee Cheul (Charles) Kim, CEO of Q Cells, and JaeSeung Lee, President and Head of Digital Appliances Business at Samsung Electronics, following the signing of the MoU on July 2.
Zero-energy home:

Q Cells and Samsung Electronics enter business partnership

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By connecting the devices and software platforms of both companies, Q Cells and Samsung Electronics will build ‘Zero-energy Homes’ for energy independence and carbon emissions reduction.

Utility-scale solar is the cheapest power source in major countries like China, India and Germany.
Cost reduction:

New-build solar often cheaper than existing coal plants

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Building and operating new utility-scale solar PV is cheaper than running existing coal and gas-fired plants in China, India and across most of Europe according to BloombergNEF.

Before joining IBC Solar, Patrik Danz was Managing Director at Vossloh-Schwabe Deutschland GmbH and Managing Director and Sales Manager in the lighting industry.
New appointment:

Changes to the management at IBC Solar AG

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IBC Solar AG, a provider of photovoltaic systems and energy storage solutions, announces personnel and structural changes to the company’s management.

The 148 MW Progressovka PV plant is in the Mykolayiv region. and delivers solar power for more than 76,000 households.
Scatec:

Ukraine: 148 MW solar plant starts operation

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Scatec has grid connected and will from 2 July start commercial operations of its largest solar power plant in Ukraine.

Member States have already put forward productive enabling frameworks to promote prosumer business models through capacity building and with dedicated financial schemes.
Climate neutrality:

Deadline for implementing RED II approaches - and creates opportunities

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As the European Commission gears up to present the Fit for 55 Package in two weeks, today marks a crucial milestone on Europe’s path toward climate neutrality: The deadline for Member States to implement the Renewable Energy Directive (RED II) into their own domestic legal systems.

All metals expressed in metric tons of contained metal, except lithium, which is in lithium carbonate equivalent (LCE).
BloombergNEF:

Rise in metal prices don`t  impact electric vehicles uptake

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According to BloombergNEF  battery demand will grow strongly this decade: By 2030 annual demand for lithium-ion batteries will pass 2.7TWh per year. Total annual battery demand in 2030 is 35% higher than in last year’s outlook, largely due to higher demand from passenger electric vehicles.

RWE was awarded  Contracts for Difference for 29 MW solar projects and 48 MW wind projects in Poland.
Solar and wind:

Poland: RWE successful in renewables auctions

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RWE received a Contract for Difference for the 48-megawatt onshore wind farm Znin and was awarded solar projects with a total capacity of 29 megawatts.

LCOE of renewable energy technologies and conventional power plants at locations in Germany in 2021. Specific plant costs are considered using a minimum and a maximum value for each technology. The ratio for hybrid PV-battery systems gives the PV power in kWp versus the useful battery capacity in kWh. The assumptions on irradiation and the development of the full load hours can be found in the study on page 14 ff.
Levelized cost of electricity:

Renwables beat conventional power plants clearly

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Due to the intensified actions taken to protect the climate, the operating costs of conventional power plants are rising. At the same time, the levelized costs of electricity, particularly for photovoltaic plants, have continued to fall.

Petrichor Industries in Northern Nigeria benefits from a solar PPA.
Westa Solar:

Solar PPA in Nigeria

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RP Global and Oolu announce the launch of Westa Solar, a commercial & industrial solar venture in West Africa, and the deployment of its first solar PPA project in Nigeria.

By working together, both partners aim to deliver a reliable and economic renewable energy supply.
Ireland:

BayWa r.e. expands in Ireland by partnering with Rengen Power

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BayWa r.e. announces its cooperation with Rengen Power, an Irish renewable energy company headquartered in Ennis, County of Clare. BayWa r.e. is thus expanding its project business in Ireland and underpinning its claim of shaping a sustainable future with renewable energies.

Solar park in North Carolina, financed by the international solar fund NPIII of Next Energy Capital Group.
Next Energy Capital:

Increased capital raised for international solar fund

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Next Energy Capital Group (NEC) announced new investor commitments of US$232m into NextPower III ESG international solar fund (NPIII).

UK:

Current market for new-build renewables may not meet net zero target

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In a recent statement, the consultancy Cornwall Insight has expressed their doubts that the market for new-build renewables will suffice to fulfil the targets set for net zero carbon emissions.