Indian-origin long-duration energy storage (LDES) developer Offgrid Energy Labs is preparing to launch a Series B funding round in the coming months to support its growth ambitions following the recent launch of its first commercial pilot production line in the UK.

Neretek, a newly launched offshore wind technology company targeting the market space between traditional fixed-bottom foundations and less mature floating structures, expects to decide on a full-scale demo and a commercial project next year, executive chair Jonathan Cole told Renewables Now.

The decision by the EU to ban financing for inverters from high-risk provider countries is already changing customer buying behaviour, Lars Stephan, who leads the Policy and Advocacy Department for US energy company Fluence, said at the recent European Sustainable Energy Week (EUSEW) conference in Brussels.

Paul Warley, CEO of US flexible thin-film photovoltaic (PV) panels maker Ascent Solar Technologies Inc (NASDAQ:ASTI), sees great opportunities in the area of solar power generation in space as the market is expanding.