Western Europe

Four years ago a viral campaign wooed the world with a promise of fighting climate change and jump-starting the economy by replacing tarmac on the world’s roads with solar panels. The bold idea has undergone some road testing since then. The first results from preliminary studies have recently come out, and they’re a bit underwhelming.

Through the listing on the French stock market, the independent power producer hopes to raise enough capital to increase its renewable energy assets from 2 GW to 5 GW. Impala intends to subscribe to the offering and remain majority shareholder.

According to the German solar trade association, BSW-Solar the number of energy storage systems in Germany is set to double in two years. Already, politicians recognize the increasing relevance storage has, in light of the progressing energy transition.

Production of high-efficiency solar PV modules in the Austrian region of Carinthia should commence as early as December 2018. Using a fully automated production line, Energetica Industries says it is well equipped for competition with Asian manufacturers.

At US$518.4 million, the quarterly turnover of the South Korean-German manufacturer was down 10.3% year-on-year, while its net result swung from a profit of $18.7 million in the second quarter of 2017, to a loss of $41.3 million in the latest quarter. Despite this, the outlook for full fiscal 2018 remains unchanged.

Green Investment Group, Macquarie Capital’s global green investment platform, has announced the acquisition of a significant solar development portfolio from German-headquartered EPC Conergy. The acquisition will see 88 solar experts join the GIG team.

Belgian research institute Imec has announced the achievement of 27.1% efficiency on a perovskite/silicon tandem cell, providing further evidence of the technology’s potential to provide a low cost efficiency boost to existing PV technology.

This year, The Smarter E made its debut this June 20 to 22 in Munich, Germany, bringing together existing exhibitions, Intersolar Europe and ees Europe, with two new events, Power2Drive Europe and EM-Power. This change reflects both the strong shift towards storage, and the rapidly changing face of the overall energy industry. pv magazine hit the floors, attended the conferences and held two roundtables to discover the latest trends. Read on to discover our eight key takeaways (and one new buzzword).

The predicted fall in global PV module prices appears to have already begun, with PVInsights and EnergyTrend reporting average prices in the $0.27-$0.37/W range.

Researchers from Helmholtz-Zentrum Berlin (HZB) and Oxford PV have presented a new record perovskite tandem solar cell, with a 25.2% conversion efficiency, independently verified by Fraunhofer ISE. Bernd Stannowski, from HZB presented the results this week at the World Conference on Photovoltaic Energy Conversion (WCPEC-7) in Hawaii.