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Finance

Capture price exposes true performance of solar plants

French solar engineering firm kiloWattsol says technical assessments show that capture-price analysis provides a more accurate measure of photovoltaic asset performance than France’s monthly M0 benchmark, as price volatility and negative wholesale prices increase.

M&A activity intensifies in French solar sector

French agrivoltaic developers Calycé and CalyWattSol have formed Calycé Sun to pursue large farm-based solar projects, while crowdfunding platform Enerfip has agreed to acquire rival Lumo as domestic investment volumes continue to rise.

European heat pump subsidies tightening, says EHPA

Analysis by the European Heat Pump Association finds several European countries have restricted available heat pump subsidies over the last two years, with the general trend moving towards targeted aid linked to low-income or energy performance.

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EU finalizes €1 billion industrial heat decarbonization pilot auction

The IF25 Heat Auction will offer a fixed premium subsidy to projects that electrify industrial processes using technologies such as heat pumps, induction heating, solar-thermal and geothermal heat systems. The bidding window is expected to open in early December.

Pexapark notes significant increase in European PPAs in October

Swiss-based analytics firm Pexapark recorded 30 power purchase agreements (PPAs) in Europe in October totaling 2.06 GW of contracted capacity, the highest monthly volume reported so far this year.

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IRENA says $554 billion invested in solar technologies in 2024

The International Renewable Energy Agency (IRENA) says solar is the only renewable energy technology where current investment levels are approaching the annual average needed through to 2030 to align with its 1.5 C pathway.

A late but decisive move to ESS: LONGi takes majority control of PotisEdge

China’s largest solar manufacturer seeks to escape shrinking margins by securing 62% voting control of a fast-rising storage integrator.

US solar developer Pine Gate Renewables files for bankruptcy

Pine Gate Renewables says it has filed for Chapter 11 protection as part of a court-supervised sales process aimed at restructuring its 10 GW (DC) development pipeline and preserving operations.

Three emerging structures for solar-plus-storage PPAs

The PPA price for pure photovoltaic projects has fallen by 20% over the past year, making such contracts less competitive. However, clear structures for bankable hybrid PPAs are now beginning to take shape, says Pieter van der Meulen, Senior Account Manager at LevelTen Energy, in an interview with pv magazine.

Ukraine amends loan scheme for home, hybrid solar installations

Ukraine is changing its state support mechanism for households installing hybrid renewable energy systems to a one-time, 30% reimbursement of the principal debt. The Ministry of Energy says the change will help increase access to hybrid power supply systems.

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