Europe

The number of battery storage projects to have won 15-year contracts in the UK’s latest Capacity Market auction is a sign of “considerable confidence” in the technology, according to the director of the Electricity Storage Network.

A new report from GTM Research reveals that the top-10 PV inverter manufacturers accounted for 80% of global shipments in the first half of the year, while the top-5 took around 50% of the market.

Seraphim Solar has been removed from the MIP by the European Commission after it was found to have been breaching the price undertaking’s rules.

Finland-based private investment bank Evli Bank, through its subsidiary Evli Alternative Investments has acquired Nordic Shine to boost the deployment of solar in Finland.

Solar tracking manufacturer NEXTracker has unveiled a storage solution paired with its PV tracking infrastructure.

More than 160 UK-based NGOs, public institutions and businesses – including major brands such as Sainsbury’s and IKEA – have come out in support of solar over proposed increases to rateable values.

‘Silicon Module Super League’ (SMSL) member Trina Solar has supplied 33,800 multicrystalline 260W 60-cell Honey modules to the Yahyalı Solar Power Plant in Turkey, said to be one of the largest plants built in the country to date.

UK-based perovskite specialist Oxford PV has signed a joint development agreement (JDA) with a global manufacturer of solar cells and modules.

Finland-based energy firm Fortum has invested €5.2 million in Exeger Sweden AB, dye-sensitized solar cell start-up to help support the launch of commercial products in 2017.

The European Commission has unveiled a package of policy proposals that would transform the continent’s energy market.