Abengoa, which entered insolvency proceedings last November, has been granted bankruptcy protection under Chapter 15 over the objections of a group of insurance companies who claimed the Spanish renewables company’s talks to restructure billions in debt was unfair to US creditors.
Shifting solar power for several hours using flow batteries will quickly become economically viable if the energy storage systems are also allowed to provide other services, such as grid-balancing, one maker of the devices has claimed.
Solarworld-headed manufacturer group EU Prosun said rival Solar Alliance for Europe (SAFE) is “twisting or simply ignoring” data from an analyst report to make it appear to support the latter’s position on the EU-China anti-dumping dispute.
CS Wismar GmbH with a team of former Centrosolar staff have restarted PV module assembly operations at the former Sonnenstromfabrik facility in Wismar, Germany
Using PV, wind and CSP, a ‘Supergrid’ interconnecting North Africa and Europe could take both regions close to 100% renewable energy by 2050, but would require political will and ambitious market design, an expert at Fraunhofer ISE has said.
German-based trade association VDMA Photovoltaic Equipment said that manufacturing equipment orders received by around 100 members increased by 86% in the fourth quarter of 2015, marking a major rebound in purchase orders.
Nanoelectronics research center imec and kerfless epitaxial wafer start-up, Crystal Solar have demonstrated a homojunction solar cell with a record 22.5% conversion efficiency said to pave the way to low-cost solar wafer commercialisation.