Finland, Luxembourg Commit For EU's Renewable resource Financing Mechanism
advance as binding commitments have originated from Finland as well as Luxembourg who will certainly now participate in a cross-border tender for renewable
Feb 28, 2023 // Markets & Finance News, Europe, Luxembourg, Finland, european commission, European Green Deal, REPowerEU, CINEA, EU renewable energy financing mechanism, EU renewable energy tender, EUR 40 million, European Climate Infrastructure and Environment Executive Agency
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
Researchers develop solar cell with efficiency of 14%.
Department of Physics and also Materials Science (DPhyMS) at the University of Luxembourg have actually examined the loss devices in Cu( In, Ga) S2 solar cells and also
Jun 8, 2021 // Technology, Manufacturing News, Europe, solar cell, efficiency, Uppsala University, University of Luxembourg, Susanne Siebentritt
CWP Europe unit to construct 150 MW solar plant in Serbia's Zajecar
It's sole proprietor is CWP Europe, a renewable energy programmer based in Luxembourg, according to Profession Register data. Founded in 2007, CWP is a leading
Feb 14, 2022 // Plants, PV Power Plant, Solarina, CWP Europe
Titanium oxide nanoparticle-based perovskite PV cell with 24.05% effectiveness
of scientists from EPFL, the University of Würzburg, the University of Luxembourg, the Luxembourg Institute of Scientific Research as well as Technology,
May 3, 2022 // Technology, Germany, China, Europe, Asia, perovskite, Switzerland, efficiency, solar sell, Mohammad Khaja Nazeeruddin
Encavis, BayernLB join hands in EUR-500m renewable resource fund
be accountable for the fund distribution and financier support. BayernInvest Luxembourg SA will be the fund manager. EIF IV's precursor, the Encavis Infrastructure
Sep 29, 2021 // Markets & Finance News, Germany, Europe, encavis, BayernLB
CEE Group gets 82-MWp Dutch PV portfolio
actually up until now launched seven renewable resource funds in Germany and Luxembourg and handles around EUR 2.3 billion (USD 2.50 bn) in this asset
Jan 26, 2023 // Markets & Finance News, CEE Group
Five EU member specifies urge bloc to get to 1TW of installed solar PV by 2030
in the EU by 2030, the energy preachers of Austria, Belgium, Lithuania, Luxembourg as well as Spain claimed in a letter sent today to the EU's climate policy
May 9, 2022 // Markets & Finance News, Spain, rooftop, Europe, Belgium, European Union, Lithuania, Luxembourg, Austria, european commission, energy transition, deployment target, european manufacturing, domestic manufacturing, REPowerEU
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
PKP Energetyka equips 360 substations with PV arrays in Poland
driver PKP Polskie Linie Kolejowe. At the beginning of 2023, its proprietor, Luxembourg-based investor CVC Capital Partners, signed a preliminary arrangement for its
Feb 10, 2023 // Rooftop PV, Poland, Europe, PKP Energetyka, PV arrays
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
Seraphim to supply 1GW of PV modules to Resolar for EU solar projects
July, with the modules set to be supplied throughout 2023 and made use of in Luxembourg-based Resolar's European portfolio. It is being performed under the EU's
Jul 22, 2022 // Markets & Finance News, modules, european energy, European Union, seraphim, european commission, seraphim solar, module supply deals, REPowerEU, resolar
Energy storage space firm Form Energy raises USD 450m in fresh funds
The Engine, NGP ETP, Temasek, Prelude Ventures as well as ArcelorMittal. Luxembourg-based steel titan ArcelorMittal in a different declaration said that it has
Oct 6, 2022 // Markets & Finance News, Storage, USA, North America, Form Energy Inc
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

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