Luxembourg launches 40 MW solar procurement
Luxembourg’s minister of energy, Claude Turmes, has launched a tender for the development of 40 MW of solar power generation capacity. The procurement is divided into five lots. There are 10 MW slices of capacity available for solar arrays on industrial sites and for two sizes of rooftop capacity and two 5 MW, capacity-determined sections of the tender devoted to PV systems on parking lots and water basins. The lowest solar electricity price ceiling, of €89/MWh (€0.089/kWh), will be set for industrial locations with a generation capacity of 500 kW-5 MW. Non-industrial site rooftop installations with the same capacity will have a maximum power price of €115/MWh and developers of smaller systems (200-500 kW) can bid a maximum €120/MWh for the power generated. A tariff of €140/MWh will be available for facilities with a rating of 500 kW-5 MW sited on parking lots and water basins and smaller systems on such sites (200-500 kW) can bid up to €145. Deadline Developers have until March 16 to submit bids. With an installed solar generation capacity of 134 MW at the end of 2018, according to the International Renewable Energy Agency, Luxembourg wants to boost the sector, especially to meet transport needs which account for around 60% of the energy consumption of the grand duchy, thus “putting the climate objective at risk”, according to the government. The authorities put in place incentives for small solar installations at the beginning of the year. In May, the government raised feed-in tariffs for small PV systems. Renewables met around 8% of Luxembourg’s power needs last year. The European micro state’s goal is to raise that figure to 11% next year. In May 2017, the Ministry of Sustainable Development and Infrastructure presented an energy strategy aimed at increasing solar capacity to 2.5 GW, and that of renewables overall to 4.8 GW, by 2050.
Sep 12, 2019 // Plants, Commercial, Residential, Tariffs, tender, Europe, Luxembourg, Claude Turmes
Green Arrow buys 320MW of European solar and wind assets from Quercus
Partners for an undisclosed sum. Quercus Investment Partners Luxembourg platform, Quercus Assets Selection, manages over 320MW of installed capacity
Oct 30, 2019 // Markets & Finance News, UK, Europe, Green Arrow Capital, Quercus Investment Partners, Eugenio de Blasio, Diego Biasi
South African chemicals manufacturer looks for bids for 20 MW of PV
struggling energy Eskom. In mid-July, ArcelorMittal South Africa, a system of Luxembourg-based ArcelorMittal Holdings, welcomed independent power manufacturers to
Aug 4, 2020 // Plants, Large-Scale, Commercial, Africa, South Africa, Sasol, Hermann Wenhold
Kosovo preps 50 MW solar tender
of the deal. QAS, which is registered in the corporate tax haven of Luxembourg, manages the generation facilities under five units: Quercus Italian Solar
Oct 30, 2019 // Markets & Finance News, Storage, tender, utility scale solar, Kosovo
Belgium’s largest PV rooftop commissioned by ArcelorMittal
Luxembourg-headquartered Indian steel manufacturer ArcelorMittal has announced completion of a megawatt-sized rooftop PV system at its factory in Ghent, in the Belgian region of Flanders. The steelmaker said the €7.5 million rooftop array, which features 27,104 solar panels from an undisclosed manufacturer and is able to generate 10 GWh per year, is the largest in Belgium. The installation will operate along with 14 wind turbines at the site for a total clean energy generation capacity of around 50 MW. The energy used will power manufacturing, said ArcelorMittal. The mounting systems used for the PV project were made with the steelmaker’s Magnelis product, which the manufacturer claims is particularly adapted for large scale solar project structures. Crowdfunding Dutch energy provider Eneco, which installed the rooftop system, said the installation was the second project it had carried out that had been supported by crowdfunding. ArcelorMittal Belgium’s 5,800 employees were offered the chance to invest €250-1,000 in the project for a guaranteed gross return of 4%. “If you, for example, lend €500 you will earn an extra €20 euros a year,” said Iwein Goigne, CEO of Eneco Solar Belgium. “In six years’ time the employee earns €120. After the term, she or he will recover the original investment of €500 as well.” Belgium has seen increased interest in large scale rooftop solar in recent months. Wallonian installer Perpetum Energy in July announced a plan to build a 20 MW solar carport for a zoo near Brugelette and a 2.2 MW array was commissioned in June at the industrial plant of Belgian company Ontex. At the end of last year, Belgium had a little more than 4 GW of installed PV generation capacity, about three-quarters of which was in Flanders.
Sep 17, 2019 // Rooftop PV, Europe, Belgium, Perpetum Energy, PV rooftop, Ghent factory, Eneco, Iwein Goigne
Green power: Just how to enhance the effectiveness of solar cells
with coworkers primarily from the University of Luxembourg, he released their searchings for in the journals Nature Communications as well as Nano
Jan 15, 2021 // Technology, solar cells, efficiency, Torsten Schwarz, University of Luxembourg
CIGS cells for micro-concentrator PV gadgets
from the University of Luxembourg and Portugal's International Iberian Nanotechnology Laboratory have developed a new copper, indium, gallium and (di)selenide
Sep 9, 2020 // Technology, Portugal, Europe, CIGS cell
German module manufacturer enhances manufacturing ability
centers will certainly likewise allow the manufacture of items with busbars. Luxembourg-owned Soluxtec has actually been keeping an eye on fads in the worldwide
Mar 12, 2020 // Manufacturing News, Germany, pv modules, monocrystalline, Europe, PERC, Soluxtec
EBRD to Support Largest Renewable Energy Project in Greece
is noted on the Athens Stock Exchange, while the bonds are noted on the Luxembourg Stock Exchange. The group aims to create 600 MW renewable resource capacity by
Oct 8, 2020 // Markets & Finance News, Greece, EBRD, Europe, International, Solar Project, Harry Boyd-Carpenter
ArcelorMittal looks for solar PPAs for 150 MW in South Africa
South Africa, an unit of Luxembourg-based ArcelorMittal Holdings, has welcomed independent power manufacturers (IPP) to submit job proposals for solar
Jul 14, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, South Africa, arcelormittal
Mirova raises €857m in Eurofideme 4 funding round for renewables
been authorized to accept investors from France, Italy, Spain, Luxembourg, Slovenia, South Korea and the U.K., Mirova has already allocated €300
Nov 15, 2019 // Markets & Finance News, Europe, Mirova, Eurofideme 4, Raphaël Lance
Top EU financier to refocus on market-based renewables, energy storage
decided later, with its Board of Directors set to discuss the draft again in Luxembourg on 15 October. Contacted by PV Tech, a bank spokesperson did not shed light on
Sep 12, 2019 // Plants, Large-Scale, Commercial, Storage, Grids, solar pv, Europe, subsidy-free pv, BESS, European Union, european investment bank, eib, green finance, storage systems bess
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Apr 28, 2020
Last call for responses on EU guidelines for renewables financing
created in the latter two countries will certainly count in the direction of Luxembourg's renewables target. In return, Luxemburg must transfer repayments to
May 28, 2020 // Markets & Finance News, Europe, Kadri Simson