Europe

The EU and AfDF to fund rural electrification program in Togo to a tune of 12 million Euros

Finnish lender Nordea has called in a NOK150 million indemnity loan thought to have been taken out by REC Silicon ASA as a result of the bankruptcy of its Norwegian wafer manufacturing arm seven years ago.

A monastic community on the Mt Athos peninsula this year installed a solar-storage-diesel mini-grid which is set to be augmented by a biomass combined heat and power system in March.

TerniEnergia SpA (BIT:TER) has completed the divestment of four Italian solar power parks with a combined capacity of 4.1 MW to Mareccio Energia Srl in partnership with LCF Alliance.

Spain’s Grupotec Servicios Avanzados SA has grid-connected two solar photovoltaic (PV) parks with around 92 MW of combined capacity it secured in the Spanish government’s 2017 renewable energy auction.

Ellomay Capital Ltd (TASE:ELLO) on Monday said it has sold twelve solar power plants with a total capacity of 22.6 MW for EUR 38.7 million (USD 42.6m) in cash.

The European Green Deal needs better and longer-lasting products, and that includes solar panels, says ECOS, the environmental NGO specialising in ecodesign and standardisation.

547 Energy partners with Enora to secure a 20 year old contract for the building of a 135 MW Wind Energy to be sites at Central Mecedonia.

German Fraunhofer Institute for Laser Technology ILT in Aachen and partners are developing technologies for the roll-to-roll production of organic photovoltaics (OPV) in the »EffiLayers« project.

The BMW Group has reached another electro-mobility milestone and already delivered half a million electric vehicles to customers worldwide.

The Danish government has agreed to provide $19 million in funds for two large-scale hydrogen projects under development on the Jutland peninsula. The two projects will produce green hydrogen for the transport sector from renewables sources. Denmark’s largest energy company, Ørsted, has also announced plans for an ambitious 2 MW electrolysis plant with appurtenant hydrogen storage.

Wind took the largest share of the awarded capacity, according to the preliminary results, but newly introduced limitations for such projects helped solar to take a significant portion of the allocated power for the first time in a Polish energy auction, with the highest bid coming in at $0.0608/kWh.

The British company, which has tested its liquid air energy storage technology in the U.K., says it is preparing to deploy its first plant on U.S. soil. Highview claims its CRYOBattery is half the price of utility scale lithium-ion storage.

Solar investor Foresight has penned a 10-year power purchase agreement with EDF Trading for a 50MW project in Spain.

Spanish researchers have developed an analytical model to optimize the operation of PV water pumping systems. They say simultaneously irrigating different parts of a farm could help minimize costs and maximize energy use. The model was tested on an olive farm divided into four zones in the Spanish province of Almería.