Renewable Energy

Morrow Batteries has opened Europe's first lithium iron phosphate (LFP) gigafactory in Arendal, Norway, with an annual capacity of 1 GWh.

Nofar Energy has obtained €110 million ($122.5 million) in financing from the European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International to build two solar projects in Romania with a combined capacity of 300 MW.

The authorities in the Australian state of Victoria have launched a plan to add at least 6.3 GW of rooftop solar, 1.2 GW of large distributed solar up to 30 MW, and 3 GW of utility-scale solar within the next decade.

General Motors says it has signed a 15-year power purchase agreement (PPA) to meet the power needs of an assembly plant with 180 MW of solar capacity.

The latest report from the International Energy Agency Photovoltaic Power Systems Programme (IEA-PVPS) says that building-integrated photovoltaics (BIPV) could be key to help decarbonize cities in the Netherlands, but it warns that the needs of the solar and construction sector must be bridged.

Swiss consulting firm Pexapark says European developers have signed 24 power purchase agreements (PPAs) totaling 1,196 MW in July, with a 27% month-on-month increase in capacity, led by solar deals such as Europe's largest decentralized solar PPA in France.

A research team from Poznań’s University of Economics & Business and SMA Solar Technology AG spoke to installers, designers, distributors and manufacturers in Poland’s solar industry to identify key barriers to PV development. They highlighted a lack of connection capacity and prices of non-renewable energy sources as the main issues.

Researchers from Canada’s Western University have developed an open-source, blockchain-based virtual utility for peer-to-peer (P2P) solar trading, using smart contracts to save up to $1,600 (US dollars) for 10 homes in simulated scenarios.